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What is Brent Crude?

Brent Crude is the term that describes a type of oil extracted from the North Sea πŸ›’οΈ

This is one of the most important oil classifications that is used to benchmark the price of oil πŸ“‰

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What’s the latest from the UK property market?

The market remains in decline - high mortgage rates coupled with inflation and living costs have led to a drop in demand.

However, modest signs of stabilization may be on the horizon as slight price increases have been noted πŸ“Š

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Which economies dominate the global landscape? πŸ€”

The world’s top three economies are:
βœ”οΈ United States
βœ”οΈ China
βœ”οΈ Japan

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Record levels of inflation characterized the Eurozone in 2022 πŸ“Š

A lower inflation figure was registered in February 2023 ⬇️ however it is estimated that food and drink prices increased by up to 15% during the same period πŸ’Ά

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You’ve probably heard of the bear and the bull but you may not be familiar with the whale πŸ‹

Whales are big players that hold substantial amounts of cryptocurrencies with the power to make waves across the crypto world 🌐

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China registers export declines ⬇️

Export figures fell by 6.8% during January and February πŸ“ˆ

This has created substantial pressures for the world’s second largest economy ⏸️

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Is a recession on the cards for the US?

Many economists believe that a recession is a possibility this year πŸ˜• Higher prices have persisted while the Federal Reserve has steadily increased interest rates πŸ›οΈ

It remains unclear, however, when recession could potentially hit πŸ“‰

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OPEC stands for The Organization of the Petroleum Exporting Countries 🌐

This organization brings together 23 oil exporting countries with the aim of:

- Co-ordinating petroleum policies
- Securing fair and stable prices
- Ensuring a regular supply to purchasing countries

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UK property statistics indicate that the market remains in decline ⬇️

High mortgage rates βž• inflation and rising living costs have all contributed to the scenario.

However, modest signs of stabilization may be on the horizon as slight price increases have been noted πŸ“Š

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The green economy is trending these daysπŸŒ±πŸ’°

This term refers to the principles and policies that encourage environmental sustainability ♻️

Lower carbon ⚠️ resource efficiency β˜€οΈ and social inclusivity 🀝 are all key principles of this economic outlook 🎯

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UK property statistics indicate that the market remains in decline ⬇️

High mortgage rates βž• inflation and rising living costs have all contributed to the scenario.

However, modest signs of stabilization may be on the horizon as slight price increases have been noted πŸ“Š

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We hear about the S&P 500 very frequently in economic news πŸ“»

The iconic stock market index was introduced in 1957 πŸ“š with the aim of tracking the value (and performance) of the top 500 companies featuring in the New York Stock Exchange πŸ—½ πŸ“ˆ

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Where is crypto considered legal tender? πŸ—ΊοΈ

El Salvador and the Central African Republic are the only two countries where Bitcoin is an official currency β‚Ώ

It’s safe to say we’re all curious to see if more nations will follow suit πŸš€

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The payment method of the future?

Using Bitcoin to pay for everyday goods and services might have been considered a pipe dream a few years ago β‚ΏπŸ›οΈ

However, major names like Subway πŸ₯ͺ Overstock πŸ›‹οΈ and Microsoft πŸ’» all accept the crypto coin as a form of payment πŸ‘Š

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More interest rate hikes? πŸ›οΈ ⬆️

Experts believe that the Fed will implement another interest rate increase in May πŸ“ˆ in an attempt to regulate the country’s inflationary movements πŸ’΅

Future economic developments will dictate if more hikes will be on the cards 🏧

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The gold market is shining bright! 🌟 🌟

Q1 2023 saw gold raising by a little under 10% ⬆️

As a safe-haven asset, gold might gain further traction βš–οΈ as investors increasingly seek stable assets in the face of inflation and looming recessions πŸ’°

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Defining a Take-Profit Order

Have you heard of the term Take-Profit Order? πŸ€”

It’s a trading tool that is used to automatically sell your assets when they hit a certain price level πŸ“Š allowing you to lock in profits and avoid potential losses 🎯

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What does the future of crypto hold?

Some developments that we might see in the coming months:

πŸš€ A broader emphasis on regulations across different jurisdictions
πŸš€ A bigger role played by Web3 platforms
πŸš€ A higher uptake on the NFT front

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