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<p>What are ETFs?</p><p>The term ETF stands for Exchange Traded Fund, which is a fund containing Bitcoin and is traded on the stock market as shares. These shares directly track the price of Bitcoin, meaning your gains and losses are directly tied to Bitcoin's price movements. The supply and demand for these shares, when the

<ul><li>Economic confidence 96.2 vs 96.2 expected</li><li>Prior 96.4</li><li>Industrial confidence -9.4 vs -9.0 expected</li><li>Prior -9.2</li><li>Services confidence 8.8 vs 8.0 expected</li><li>Prior 8.4</li></ul><p>Economic sentiment eased slightly on the m

<ul><li>Prior -0.1%</li></ul><p>The Eurozone economy narrowly avoids a technical recession in the final quarter of last year. That is largely thanks to stronger growth in the periphery nations, with the standouts being Spain and Portugal. The more promising performances there helped to offset the poor showing in the re

<p>The greenback is trading in a steadier mood so far today, mostly little changed against the other major currencies. USD/JPY is a touch lower on the day but European currencies are also keeping lower against the dollar. Here's a snapshot of dollar pairs at the moment:</p><p>As Treasury yields are keeping lower, USD/JPY rema

<ul><li>Prior 50.07k; revised to 49.31k</li><li>Net consumer credit £1.2 billion vs £1.4 billion expected</li><li>Prior £2.0 billion; revised to £2.1 billion</li></ul><p>Net mortgage approvals for home purchases rose in December as the 'effective' interest rate on newly drawn mortgages

<ul><li>Prior -0.1%</li></ul><p>The German economy contracted once again in Q4 last year, reaffirming a mild technical recession. The unadjusted annual GDP growth is seen at -0.4% while the adjusted figures are seen at -0.2%. That paints a rough picture for Europe's largest economy, with the outlook to start the n

<ul><li>Prior +0.1%</li></ul><p>Once again, it is the periphery nations that are the ones helping to salvage some pride for the euro area economy in the final quarter of last year. Despite softer domestic demand, Italy's economy is seen growing slightly in Q4 2023 – owing mostly to net exports. And that adds

<ul><li>Eurostoxx +0.2%</li><li>Germany DAX +0.2%</li><li>France CAC 40 +0.1%</li><li>UK FTSE +0.2%</li><li>Spain IBEX +0.1%</li><li>Italy FTSE MIB -0.3%</li></ul><p>The changes are lightly positive, following the gains in Wall Street yesterday. However, overa

<ul><li>Prior 97.8; revised to 98.0</li></ul><p>That's a notable improvement in the outlook for the Swiss economy over the next six months, with the reading being the highest since January 2023. If anything else, it is a welcome development for the SNB as they stick to the sidelines for now.</p> This article

<ul><li>Prior +0.3%; revised to +0.4%</li></ul><p>The Spanish economy once again proved its resilience to wrap up the final quarter of last year. The full-year GDP for 2023 is seen at 2.5%. This at least helps to make the euro area outlook a little less gloomy, considering the circumstances in France and Germany.</p