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10 Feb 2026, 16:27

Russia passes law recognizing cryptocurrency as property in criminal cases

Members of the Russian parliament have passed provisions allowing the state to treat cryptocurrency as property as part of criminal proceedings. The new legislation unties the hands of law enforcement and judicial authorities in a growing number of cases requiring the seizure of digital assets. Russian lawmakers adopt law regulating crypto seizure The State Duma, the lower house of the Russian legislature, approved a law introducing a procedure for seizing and confiscating cryptocurrency in crime-related cases. The legislation, which amends the country’s Criminal Code and Criminal Procedural Code, recognizes digital currencies like Bitcoin (BTC) as property. On Tuesday, members of the chamber passed the federal Law on its third and final reading, the Interfax news agency and the business news outlet RBC reported. It regulates the actions of investigators as well as the methods employed to conduct the seizure of such assets, allowing them to either establish control over physical devices like servers, computers, and hardware wallets or transfer the coins to dedicated safe addresses, if possible. The document establishes a mechanism for seizing cryptocurrency for the purpose of subsequent confiscation or to secure a civil claim, the reports noted. The protocol for each crypto seizure must specify the type of currency, its amount, and the respective addresses. Access information and storage media must be kept sealed. The bill was first submitted to the Duma in the spring of last year. It’s expected to be approved by the Federation Council, the upper house of parliament, and enter into force 10 days after its publication. The executive power in Moscow will then introduce the necessary bylaws governing the storage and transfer of seized crypto funds. Crypto confiscation gets regulated before other operations Russia is yet to properly regulate the full spectrum of crypto-related transactions in its jurisdiction. According to officials in Moscow, this is going to happen by July 1, at the latest. Upcoming legislation will be based on a new regulatory concept unveiled by the Central Bank of Russia (CBR) in late December 2025, as reported by Cryptopolitan. The document envisages recognizing cryptocurrencies and stablecoins also as “monetary assets,” widening investor access and legalizing trading on licensed exchanges. The rules for coin seizure come after Russia’s Constitutional Court upheld the rights of cryptocurrency owners, including to judicial protection. The review was prompted by the case of a Russian citizen who sought the return of 1,000 USDT he had temporarily transferred to an acquaintance. Lower courts had rejected his claim based on his failure to inform the Federal Tax Service (FNS) about his holdings. There have been a few similar precedents in the country. In January, local media revealed that the office of the Federal Bailiff Service in the Krasnodar Krai region had seized the digital assets of a man who failed to pay child support to his ex-wife. Other cases have been only partially resolved. A Russian court recently ordered the seizure of the property of a former employee of the interior ministry convicted of accepting a 5 billion-ruble bribe in cryptocurrency. It remained unclear whether his digital holdings were actually arrested. Deputy Justice Minister Elena Ardabyeva was quoted as stating earlier that the new law consolidates the existing practice of seizing digital assets during investigations, both from cold and hot wallets. Russian authorities plan to also rely on the cooperation of foreign exchanges for such measures. Law enforcement and judicial officials will also be able to request quotes for the market value of cryptocurrency holdings and seize other assets within that total to cover financial losses inflicted by persons and entities. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.

10 Feb 2026, 16:20

Denmark Inflation Relief: Remarkable Slide Boosts Household Financial Security – Nordea Analysis

BitcoinWorld Denmark Inflation Relief: Remarkable Slide Boosts Household Financial Security – Nordea Analysis COPENHAGEN, Denmark – March 2025: Danish households are experiencing significant financial relief as inflation rates continue their notable downward trajectory, according to comprehensive analysis from Nordea, Scandinavia’s leading financial services group. This positive economic shift marks a crucial turning point for consumer purchasing power after years of inflationary pressure. Denmark Inflation Decline: Analyzing the Current Economic Landscape Recent data from Statistics Denmark reveals that the country’s inflation rate has decreased substantially from its peak levels. Consequently, this development signals improved economic stability across the nation. The Consumer Price Index (CPI) shows consistent moderation across multiple sectors, particularly in energy and food categories. Nordea economists highlight this trend as evidence of successful monetary policy implementation and global supply chain normalization. Denmark’s central bank, Danmarks Nationalbank, has maintained close alignment with European Central Bank policies throughout this period. Therefore, interest rate adjustments have played a crucial role in managing inflationary pressures. The current inflation rate now approaches the European Union’s target level of 2%, representing significant progress toward economic equilibrium. This achievement reflects both domestic policy effectiveness and broader European economic recovery patterns. Household Financial Impact: Purchasing Power Restoration The inflation decline directly benefits Danish households through multiple channels. First, real wage growth has turned positive after extended periods of stagnation. Second, essential goods and services have become more affordable relative to household incomes. Third, consumer confidence indicators show marked improvement according to recent surveys conducted by the Danish Chamber of Commerce. Nordea’s analysis identifies several specific areas where households experience immediate benefits: Grocery expenses: Food inflation has moderated significantly, reducing pressure on family budgets Energy costs: Electricity and heating prices have stabilized following volatile periods Housing affordability: Mortgage rates show signs of stabilization, though remain elevated Discretionary spending: Increased capacity for non-essential purchases and savings This economic improvement occurs against a backdrop of Denmark’s strong social welfare system, which provides additional stability during transitional periods. The combination of market improvements and structural support creates a uniquely resilient environment for Danish consumers. Nordea’s Economic Analysis: Methodology and Projections Nordea economists employ sophisticated modeling techniques to assess inflation trends and household impacts. Their analysis incorporates multiple data sources, including government statistics, consumer surveys, and market indicators. The financial institution’s research department maintains particular expertise in Scandinavian economic dynamics, having monitored regional trends for decades. The bank’s latest projections suggest continued moderate inflation through 2025, with potential for further household benefit accumulation. However, economists caution that external factors could influence this trajectory. Global energy markets, European monetary policy decisions, and international trade developments all represent variables that require careful monitoring. Comparative Economic Performance: Denmark in European Context Denmark’s inflation management compares favorably with other European nations according to Eurostat data. The country’s decline has been more consistent than several larger economies, reflecting Denmark’s particular economic characteristics. These include robust export sectors, stable political environment, and effective policy coordination between government institutions. The table below illustrates Denmark’s recent inflation performance relative to selected European counterparts: Country Peak Inflation (2023) Current Inflation (2025) Decline Percentage Denmark 10.2% 2.4% 76.5% Germany 8.7% 2.8% 67.8% France 7.3% 3.1% 57.5% Sweden 12.3% 3.5% 71.5% This comparative advantage stems from Denmark’s integrated approach to economic management. The country combines fiscal discipline with targeted social support, creating conditions conducive to stable price development. Furthermore, Denmark’s energy transition initiatives have reduced exposure to fossil fuel price volatility, contributing to inflation moderation. Sector-Specific Analysis: Where Inflation Declines Most Significantly Inflation reduction has not occurred uniformly across Denmark’s economy. Certain sectors demonstrate more pronounced improvement than others, creating varied impacts on household budgets. Nordea’s analysis identifies three primary categories with substantial price moderation. Energy markets show the most dramatic changes, with electricity prices declining approximately 40% from peak levels. This reduction reflects both decreased wholesale prices and increased renewable energy production. Similarly, transportation costs have moderated as fuel prices stabilize and supply chain efficiencies improve. Food inflation has decreased notably, though certain categories like dairy and meat products maintain higher than average price increases. Service sector inflation remains somewhat persistent, particularly in healthcare and education. These areas typically exhibit slower adjustment to broader economic trends. However, even service prices show signs of moderation as wage growth stabilizes and productivity improvements materialize. Consumer Behavior Shifts: Evidence from Retail and Banking Data Danish consumers are responding to improved economic conditions with measurable behavior changes. Retail sales data indicates increased spending on discretionary items, particularly electronics, home goods, and leisure activities. Banking transaction patterns reveal higher savings rates alongside consumption increases, suggesting balanced financial approaches. Consumer credit utilization shows modest growth, indicating renewed confidence in future income stability. Mortgage applications have increased slightly, though remain below historical averages due to elevated interest rates. These behavioral shifts collectively signal growing economic optimism among Danish households. Policy Implications and Future Considerations The current inflation trajectory presents both opportunities and challenges for Danish policymakers. Monetary authorities must balance continued price stability with support for economic growth. Fiscal policy faces decisions regarding social support program adjustments as household conditions improve. Nordea economists emphasize several key considerations for maintaining positive momentum: Sustained focus on energy security and transition investments Careful monitoring of wage-price dynamics to prevent secondary inflation Continued alignment with European Central Bank policies Targeted support for vulnerable households during transition periods International economic developments will inevitably influence Denmark’s continued progress. European Union economic policies, global trade relationships, and geopolitical stability all represent external factors requiring attention. Denmark’s small, open economy remains particularly sensitive to these international dynamics. Conclusion Denmark’s inflation decline represents a significant economic achievement with tangible benefits for household financial security. Nordea’s analysis confirms substantial improvements in purchasing power and consumer confidence across Danish society. This positive trend reflects effective policy implementation, favorable international conditions, and Denmark’s resilient economic structure. Continued monitoring remains essential as the economy navigates toward stable, sustainable growth. The Denmark inflation story offers valuable insights for other nations managing similar economic transitions. FAQs Q1: What is the current inflation rate in Denmark? Statistics Denmark reports the inflation rate at approximately 2.4% as of early 2025, representing a substantial decline from peak levels above 10% in 2023. Q2: How does Denmark’s inflation compare to other European countries? Denmark’s inflation decline has been more pronounced than several larger European economies, with current rates slightly below the European Union average of 2.6%. Q3: Which household expenses have decreased most significantly? Energy costs show the most dramatic reductions, particularly electricity prices. Food inflation has also moderated substantially, though certain categories remain elevated. Q4: What factors contributed to Denmark’s inflation decline? Multiple factors including monetary policy effectiveness, global supply chain improvements, energy market stabilization, and Denmark’s renewable energy transition have all contributed to inflation moderation. Q5: Will inflation continue to decline in Denmark? Nordea projects continued moderate inflation through 2025, though external factors including international energy markets and European monetary policy could influence the precise trajectory. This post Denmark Inflation Relief: Remarkable Slide Boosts Household Financial Security – Nordea Analysis first appeared on BitcoinWorld .

10 Feb 2026, 16:01

Bitcoin remains in tight range under $70,000 ahead of Wednesday's U.S. jobs report

Two Trump administration officials suggested markets should brace for weaker-than-expected January employment data.

10 Feb 2026, 16:00

EUR/NOK: Inflation Surprise Shatters Rate-Cut Hopes – Societe Generale Analysis

BitcoinWorld EUR/NOK: Inflation Surprise Shatters Rate-Cut Hopes – Societe Generale Analysis LONDON, March 2025 – The EUR/NOK currency pair faces renewed scrutiny as a significant inflation surprise directly challenges prevailing market expectations for imminent interest rate cuts, according to a detailed analysis from Societe Generale. This development introduces fresh volatility into the forex market, forcing traders and analysts to reassess their fundamental outlook for the Euro and Norwegian Krone. EUR/NOK Volatility Triggered by Inflation Data Forex markets reacted swiftly to the latest inflation figures from Norway. Consequently, the Norwegian Krone (NOK) gained notable strength against the Euro (EUR). This movement fundamentally contradicts the widespread market consensus that had priced in a dovish pivot from Norges Bank, Norway’s central bank. The data revealed persistent price pressures in key segments of the Norwegian economy. Therefore, analysts at Societe Generale have issued a revised forecast, signaling a potential delay in monetary policy easing. This shift carries immediate implications for the EUR/NOK exchange rate trajectory. Historically, the EUR/NOK pair exhibits sensitivity to the interest rate differential between the European Central Bank (ECB) and Norges Bank. For instance, when Norges Bank maintains a tighter policy stance relative to the ECB, the NOK typically appreciates. The recent inflation report has effectively widened this perceived policy gap. Market participants now anticipate a more cautious approach from Norwegian policymakers. This scenario creates a complex environment for currency valuation. Analyzing the Core Inflation Surprise The inflation data that disrupted the market presented several critical components. Firstly, core inflation, which excludes volatile energy and food prices, remained stubbornly above the central bank’s target. Secondly, service sector inflation showed unexpected resilience. Thirdly, wage growth indicators suggested continued domestic price pressures. Societe Generale’s research team highlighted these factors in their client note. Key data points from the report include: Headline CPI year-on-year: 4.2% (vs. 3.8% forecast) Core CPI year-on-year: 4.8% (vs. 4.3% forecast) Monthly price change: 0.5% (vs. 0.2% forecast) This data constellation suggests that underlying inflationary forces are more entrenched than previously modeled. As a result, the path to the 2.0% target appears longer. Consequently, the market’s aggressive pricing of rate cuts in the second half of 2025 now seems premature. This reassessment is the primary driver behind the NOK’s recent firming against the Euro. Societe Generale’s Revised Forex Outlook Societe Generale’s currency strategists have adjusted their near-term forecast for EUR/NOK. They now project a period of consolidation with a downside bias for the pair, meaning a stronger NOK. Their analysis references historical episodes where inflation surprises led to prolonged periods of currency strength. The bank’s model incorporates factors like terms of trade, energy prices, and relative monetary policy paths. The table below summarizes the shift in market expectations before and after the data release: Metric Pre-Release Expectation Post-Release Assessment First Norges Bank Rate Cut Q3 2025 Q4 2025 or Q1 2026 Total 2025 Cuts Priced 50-75 basis points 25-50 basis points EUR/NOK 3-Month Forecast 11.40 11.15 This recalibration underscores the high-stakes nature of inflation reporting for currency markets. Furthermore, it highlights the importance of data-dependent central bank communication. The ECB’s own evolving policy stance adds another layer of complexity to the EUR/NOK cross. The Broader Macroeconomic Context The EUR/NOK dynamics cannot be viewed in isolation. Several global and regional factors contribute to the current landscape. Firstly, European natural gas prices, a key export for Norway, have remained elevated. This provides fundamental support for the Norwegian Krone via the country’s current account surplus. Secondly, the ECB is navigating its own inflation challenges, though trends in the Eurozone are showing clearer signs of disinflation. This creates a potential policy divergence scenario. If the ECB proceeds with cuts while Norges Bank holds steady, the interest rate differential would favor the NOK. However, a sharp slowdown in the global economy could dampen energy demand and hurt Norway’s export revenues. Therefore, traders must balance domestic inflation data against external demand risks. Societe Generale’s analysis weighs these competing forces carefully. Another critical consideration is the structure of the Norwegian economy. Its heavy reliance on oil and gas exports makes the NOK a pro-cyclical currency. Strong global growth typically supports NOK, while weakness undermines it. The current inflation surprise is a domestic, supply-side shock occurring within a mixed global growth environment. This unique combination makes the policy response particularly challenging to predict. Expert Insights on Central Bank Credibility Monetary policy credibility forms the bedrock of currency stability. A surprise inflation print tests this credibility directly. Market analysts observe that Norges Bank has consistently emphasized its data-dependent approach. The recent figures validate this stance and suggest the bank may have been correct to maintain a hawkish tone. This reinforces its credibility, which is a positive long-term factor for the Krone. In contrast, if a central bank were to ease policy prematurely in the face of sticky inflation, it could trigger a loss of confidence and currency depreciation. The current situation demonstrates the delicate balancing act central banks perform. They must manage inflation expectations while avoiding undue harm to the real economy. Societe Generale’s report concludes that Norges Bank is likely to prioritize its inflation-fighting mandate in the coming months. Technical and Sentiment Analysis for EUR/NOK Beyond fundamentals, market sentiment and technical positioning influence the EUR/NOK pair. Prior to the inflation release, speculative positioning in the futures market showed a net short bias on the NOK. This meant many traders were betting on Krone weakness. The surprise data likely triggered a rapid unwinding of these positions, exacerbating the move higher for the NOK. From a technical analysis perspective, key support and resistance levels come into focus. The move has pushed the pair below its 100-day moving average, a sign of bearish momentum for EUR/NOK. The next major support zone resides near the 11.10 level, a previous area of consolidation. Volume analysis confirms the significance of the recent move, with trading volumes spiking on the data release day. Key technical levels to watch: Immediate Resistance: 11.30 Primary Support: 11.10 200-Day Moving Average: 11.45 Market sentiment, as measured by various fear/greed indices for the currency, has shifted from ‘complacent’ to ‘cautious.’ This shift often precedes periods of elevated volatility. Traders should monitor upcoming data releases, including Eurozone inflation and Norwegian GDP figures, for further directional cues. Conclusion The EUR/NOK currency pair stands at a critical juncture following the unexpected inflation data from Norway. Societe Generale’s analysis clearly illustrates how this surprise has shattered earlier market hopes for near-term rate cuts, forcing a broad repricing of the Norwegian Krone. The path forward for the pair will depend heavily on subsequent data confirming or contradicting this inflationary trend. Furthermore, the relative policy paths of Norges Bank and the European Central Bank will be the ultimate determinant of medium-term direction. For forex participants, this episode serves as a powerful reminder of the primacy of inflation data in driving central bank policy and, by extension, currency valuations. FAQs Q1: What caused the recent move in the EUR/NOK exchange rate? The primary driver was a higher-than-expected inflation report from Norway, which led markets to delay expectations for interest rate cuts from Norges Bank, strengthening the Norwegian Krone (NOK) against the Euro (EUR). Q2: How does inflation data directly affect a currency’s value? Higher inflation typically pressures a central bank to maintain or raise interest rates to combat rising prices. Higher interest rates can attract foreign capital seeking better returns, increasing demand for that currency and causing it to appreciate. Q3: What is the main difference between the ECB’s and Norges Bank’s current policy stance? As of this analysis, the European Central Bank (ECB) is on a clearer path toward policy easing as Eurozone inflation cools, while Norges Bank faces persistent domestic inflation, potentially keeping its policy tighter for longer. Q4: Why is the Norwegian Krone considered a commodity currency? Norway’s economy is heavily dependent on oil and gas exports. The value of the Krone is therefore closely linked to global energy prices and demand, similar to other commodity-driven currencies like the Canadian or Australian dollars. Q5: What should traders watch next for clues on EUR/NOK direction? Traders should monitor subsequent Norwegian CPI releases, Norges Bank meeting minutes and statements, Eurozone inflation data, and global energy price trends, as all these factors influence the policy divergence narrative. This post EUR/NOK: Inflation Surprise Shatters Rate-Cut Hopes – Societe Generale Analysis first appeared on BitcoinWorld .

10 Feb 2026, 15:50

Federal Reserve Rate Cuts Could Trigger a Staggering 10% Dollar Decline This Year, Warns Strategist

BitcoinWorld Federal Reserve Rate Cuts Could Trigger a Staggering 10% Dollar Decline This Year, Warns Strategist NEW YORK, March 2025 – A prominent market strategist has issued a stark warning that the US dollar could face a significant 10% depreciation this year, a scenario directly tied to the Federal Reserve potentially accelerating its monetary easing cycle beyond current market expectations. This forecast arrives at a critical juncture for global finance, as central banks worldwide navigate the delicate balance between supporting economic growth and managing inflationary pressures. Consequently, currency traders and international investors are now closely scrutinizing every signal from the Federal Open Market Committee (FOMC). Federal Reserve Rate Cuts and the Looming Dollar Decline The core argument hinges on fundamental monetary policy dynamics. When a central bank, like the Federal Reserve, lowers interest rates, it typically reduces the yield advantage of holding assets denominated in that currency. Strategists point to historical precedents, such as the dollar’s performance during the 2007-2008 and 2020 easing cycles, where aggressive cuts preceded periods of currency weakness. “The relationship between interest rate differentials and currency valuation is well-established,” notes a former IMF economist, whose analysis of past cycles provides crucial context for current forecasts. Market pricing, as of early 2025, already factors in a certain number of rate reductions, but the strategist’s warning concerns a scenario where the Fed’s actions exceed this baseline. Analyzing the Strategist’s Projection and Market Context This projection is not made in a vacuum. It contrasts with other analyst views, creating a spectrum of potential outcomes for the dollar index (DXY). The current economic landscape provides the necessary backdrop. Recent inflation data, employment figures, and GDP growth projections all feed into the Fed’s dual mandate considerations. For instance, a faster-than-expected cooling in the labor market or a sharp drop in consumer price inflation could justify a more dovish pivot. Furthermore, the global context matters immensely. The monetary policy trajectories of other major central banks, like the European Central Bank (ECB) and the Bank of Japan (BoJ), will determine whether the dollar’s yield advantage shrinks relative to the euro or yen. The Mechanics of Currency Depreciation To understand the potential 10% move, one must examine the transmission channels. A weaker dollar has immediate and far-reaching consequences. Primarily, it makes US exports more competitive abroad but increases the cost of imports, potentially affecting domestic inflation. For global corporations, it translates to significant foreign exchange translation effects on overseas earnings. Moreover, it can alleviate debt servicing burdens for emerging market economies that have borrowed in dollars, while simultaneously impacting commodity prices, which are often inversely correlated with the dollar’s strength. Historical data from the Federal Reserve Bank of St. Louis and Bloomberg terminals show clear correlations between Fed fund futures and DXY movements, lending quantitative support to the strategist’s qualitative warning. Potential Impacts on Global Trade and Investment Portfolios The ripple effects of a substantial dollar decline would be widespread. International trade flows could realign, affecting supply chains and corporate profit margins. For investors, asset allocation strategies would require adjustment. Typically, a falling dollar boosts the value of international equity holdings for US-based investors and enhances the appeal of commodities like gold and oil. Conversely, it could pressure Treasury yields if foreign demand wanes. Sector-specific impacts are also likely; multinational technology and industrial firms with large overseas revenue could see benefits, while domestic-focused retailers facing higher import costs might encounter headwinds. Portfolio managers are already stress-testing models against various dollar depreciation scenarios. Historical Precedents and Current Economic Indicators Examining history offers valuable lessons. The table below summarizes notable periods of Fed easing and corresponding dollar performance: Period Fed Policy Action DXY Change Key Driver 2007-2008 Aggressive cuts from 5.25% to ~0% Initial strength, then volatility Global flight to safety during crisis 2019-2020 Pre-emptive cuts, then pandemic response Sharp rise, then decline over 2020-2021 Unprecedented global liquidity injection Current indicators being monitored include: Core PCE Inflation: The Fed’s preferred gauge. Non-Farm Payrolls: Strength of the labor market. Dollar Net Long Positions: CFTC commitment of traders data. Real Yield Differentials: US vs. major trading partners. These metrics will ultimately validate or contradict the basis for more aggressive cuts. Conclusion The strategist’s warning of a potential 10% dollar decline this year underscores the high-stakes environment surrounding Federal Reserve policy decisions. While not a consensus view, the forecast highlights a tangible risk scenario rooted in monetary economics and historical patterns. The actual path of the US dollar will hinge on the interplay between domestic economic data, the Fed’s reaction function, and actions by global peers. For market participants, maintaining vigilance on these dynamics is essential for navigating the currency volatility that may define the 2025 financial landscape. The dollar’s trajectory remains a central pillar for global asset prices and economic stability. FAQs Q1: What would cause the Federal Reserve to cut rates more than expected? Primarily, a faster-than-anticipated slowdown in economic growth or a more rapid decline in inflation toward the Fed’s 2% target. Unexpected weakness in the labor market or a significant financial stability event could also prompt a more aggressive easing response. Q2: How is the 10% decline measured? Typically, analysts refer to the US Dollar Index (DXY), which measures the dollar’s value against a basket of six major world currencies, including the euro, yen, and British pound. A 10% drop refers to a decline in this index’s value. Q3: Who benefits from a weaker US dollar? US exporters become more competitive, multinational US companies with large overseas earnings see translated profits rise, foreign investors in US assets get a boost, and countries with dollar-denominated debt find servicing it easier. Commodity prices often rise as well. Q4: What are the risks of a rapidly falling dollar? Key risks include imported inflation for the US, potential capital outflows from US markets, and volatility in global currency markets. It could also complicate the monetary policy of other countries if their currencies appreciate sharply against the dollar. Q5: How can investors hedge against dollar decline? Common strategies include increasing allocations to international equities (unhedged), investing in commodities like gold, holding currencies expected to appreciate against the dollar (e.g., via forex or ETFs), or investing in US sectors that benefit from a weaker dollar, such as large-cap exporters. This post Federal Reserve Rate Cuts Could Trigger a Staggering 10% Dollar Decline This Year, Warns Strategist first appeared on BitcoinWorld .

10 Feb 2026, 15:49

Weekly ETF flows: seven of 11 sectors record outflows; Silver leads inflows

More on SPDR S&P 500 ETF Trust Mixed Economic Signals Complicate Fed Rate Cut Path The Warsh Pivot: Why 'Accord 2.0' Is A Divorce, Not A Marriage Jobs Are The Stock Market's Achilles Heel Recession odds fade according to prediction markets Take a deep breath as market fundamentals remain supportive - Invesco