UK Chancellor of the Exchequer Rachel Reeves recently unveiled a £40 billion tax increase aimed at addressing a significant gap in public spending left by previous Conservative governments. A major component of this tax rise will come from increased...
From a technical perspective, the EUR/USD has been trading within a descending pitchfork formation extending from the September 2024 highs. The pair recently rebounded off the lower parallel of this formation, with initial support identified at the...
GOLD We open the hourly timeframe. An ascending price channel was previously formed on it, within which the euro/dollar has been trading since January 13 and up to the current time. Now is the end of the month, and therefore we should expect a...
Market Fundamentals: OPEC+ has maintained significant production cuts in recent years, amounting to 5.86 million barrels per day (bpd), to stabilize oil prices amid sluggish global demand. Analysts estimate that Saudi Arabia holds the capacity to...
Market Fundamentals: The company has continued its aggressive Bitcoin acquisition strategy, purchasing an additional 1,000 BTC tokens for the ninth consecutive week. This brings its total Bitcoin holdings to 447,470 BTC, valued at an impressive...