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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“‰

#FxSway #ThisIsFxSway #SwayWithTheMarkets
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

#FxSway #ThisIsFxSway #SwayWithTheMarkets
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

#FxSway #ThisIsFxSway #SwayWithTheMarkets
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 🎯

#FxSway #ThisIsFxSway #SwayWithTheMarkets
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

#FxSway #ThisIsFxSway #SwayWithTheMarkets
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

#FxSway #ThisIsFxSway #SwayWithTheMarkets
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€

#FxSway #ThisIsFxSway #SwayWithTheMarkets
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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

#FxSway #ThisIsFxSway #SwayWithTheMarkets
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 🏧

#FxSway #ThisIsFxSway #SwayWithTheMarkets
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’°

#FxSway #ThisIsFxSway #SwayWithTheMarkets
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 🎯

#FxSway #ThisIsFxSway #SwayWithTheMarkets
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

#FxSway #ThisIsFxSway #SwayWithTheMarkets
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Which stocks are making waves at the moment? 🌊 πŸ’₯

From tech giants πŸ’» to other industries 🚒 these stocks are capturing investors’ attention:

πŸ‘€ Amazon
πŸ‘€ Microsoft
πŸ‘€ Norwegian Cruise Line Holdings Ltd.
πŸ‘€ New York Community Bancorp Inc.
Oil prices remain steady ☝️

As US leaders reached a tentative debt ceiling deal 🀝 pressures have lifted off the markets πŸ“Š

It remains to be seen how market patterns will shift in line with upcoming discussions πŸ“
Binance Australia halts Australian Dollar bank transfers πŸ”Š

The crypto exchange company stated that it will no longer be able to accept bank transfers via PayID ⚠️

Binance cited issues with its third-party payment provider for the halt βœ‹
Demystifying Day Trading πŸ’Ή

Day trading is a form of trading that sees traders buying and selling financial instruments within the same day ⏰

This type of trading is typically faced-paced πŸ’₯as traders need to take quick decisions to capitalize on the brief price movements 🎯
The most anticipated Bitcoin event of the year β‚Ώ 🀩

Bitcoin 2023 took place in Miami earlier last month 🌴 🌴

During the packed three-day event πŸ“… key speakers discussed important topics ranging from the state of mining to Bitcoin tax strategies and more 🎀