Finance: News, Insights, Predictions

The US Marshals Service has denied reports claiming that it sold Bitcoin seized from the Samourai Wallet, leading to increased scrutiny over the handling of the forfeited assets.

Morgan Stanley has submitted applications for Bitcoin and Solana exchange-traded funds (ETFs), signifying its entry into this popular investment segment two years after the initial surge in cryptocurrency ETFs.

Bitcoin's price has retreated to slightly above $92,000 as gold prices surged to $4,500 per ounce and silver climbed above $80.

Bitcoin has begun the year on a strong note, consistently maintaining a bullish trend over the past five trading sessions. This positive momentum has enabled the cryptocurrency to recover significantly, surpassing the $90,000 mark.

Bitcoin traded above $91,000 on Tuesday, with analysts from Bernstein expressing optimism that the severe sell-off experienced in the fourth quarter may have come to an end.

The State Tax Service of Azerbaijan's Nakhchivan Autonomous Republic has reported a shortfall in the projected revenue targets for simplified taxes.

The Azerbaijani manat is expected to maintain a stable exchange rate of 1.7 manat per US dollar under the 2026 budget framework, as part of measures to support macroeconomic stability.

In light of external challenges facing Ukraine, internal factors are becoming increasingly significant for the country.

Brazil's trade ministry announced on January 6 that it aims to achieve a trade surplus of $70 to $90 billion by 2026, following a stronger-than-anticipated surplus of $68.3 billion in the previous year.

Crude oil prices declined on Tuesday, with February WTI crude oil falling by $1.19, or 2.04%, while February RBOB gasoline dropped by $0.0194, or 1.13%. This retreat in prices is attributed to the strengthening of the dollar and ongoing concerns regarding energy demand.

Praveen Singh, Senior Fundamental Research Analyst for Currencies and Commodities at Mirae Asset Sharekhan, shared his insights on the future of gold and silver prices. He provided an analysis of the market trends and factors that could influence price movements in the near term.

Gold prices are anticipated to maintain their upward trend as the demand for safe-haven assets increases, according to Praveen. Silver prices are also expected to follow suit in the near term.

Brazilian stocks experienced significant gains on Tuesday, driven by rising oil prices and positive indicators of improving domestic economic activity.

Brazil anticipates a trade surplus between $70 billion and $90 billion in 2026, following a stronger-than-expected performance last year that exceeded government forecasts.

Analysts predict that Brazil's official inflation measure, the IPCA, will decrease slightly from a forecasted 4.3% in 2025 to 4.1% this year.

Brazil anticipates a trade surplus ranging from $70 billion to $90 billion in 2026, following a 2022 performance that exceeded government forecasts, according to the Ministry of Development.

On Tuesday, March NY world sugar #11 (SBH26) increased by 0.03, or 0.20%. Similarly, March London ICE white sugar #5 (SWH26) rose by 2.50, marking a gain of 0.59%.

The British pound experienced a significant rise against the Swiss Franc on Monday, as investors began to seek out "risk on" assets in the market.

The FTSE 100 has reached a new record high, driven by gains in mining and energy stocks. Next has also seen significant increases following a profit upgrade. Meanwhile, the pound remains relatively stable against the dollar.

The Pound to Euro exchange rate (GBP/EUR) rose to approximately 1.1525, achieving its highest level in ten weeks. This increase was driven by geopolitical tensions that negatively impacted the euro, while the Pound remained strong.

GBP/USD has continued its upward trend for the second consecutive session, currently trading near 1.3560 during the Asian hours on Tuesday. Technical analysis indicates that the pair has reached fresh three-month highs above 1.3550.

The US dollar has regained strength following a shift in market dynamics. After struggling to sustain its earlier gains, the dollar rebounded today as traders reacted to changing conditions.

The British pound is showing signs of a potential breakthrough after a significant recovery from Monday's initial selloff. The momentum for the currency remains strong.

The near-term outlook for GBP/USD will largely hinge on the upcoming employment data from the United States.

The Belarusian economy is expected to experience a prolonged slowdown in 2026, primarily due to ongoing sanctions, restricted access to capital, and its reliance on a weakening Russia. This situation will likely result in modest economic growth.