In December, there was another noticeable decrease in construction activity in the UK, although the pace of decline slowed down to its lowest point since the current phase of reduction began in September. The primary factor hindering construction output was a persistent decline in house building, attributed by survey respondents Continue Reading

The FTSE 100 steadied after a positive start on Wednesday as gains in personal care stocks were offset by losses in miners. Personal care, drug, and grocery stores sector gained 1.3%, reaching a two-month high. However, industrial metal miners slipped 1.7% due to a decline in copper prices. Among single Continue Reading

Bitcoin initiates a rally in 2024, with other currencies following suit. Bitcoin surged approximately 5%, surpassing $45,800, reaching its highest level since March 2022. Ether also experienced a gain of over 3%, reaching $2,400, driven by optimism surrounding the potential approval of a spot Bitcoin exchange-traded fund (ETF) by US Continue Reading

The dollar index concluded the year with a 2% decline, marking its first yearly drop since 2020. This follows a roughly 15% increase over the previous two years, driven by expectations that the Federal Reserve might initiate interest rate cuts as early as March of the next year. After a Continue Reading