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Good news from China

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Miguel A. Rodriguez
Miguel A. Rodriguez
05 březen 2021
Expanded nickel production bodes well for Tesla's supply chain.
  • #Nickel tumbled after a major Chinese producer’s unexpected plan to add supply eased concerns about a structural deficit for the material that Elon Musk has said is the biggest concern for #Tesla Inc. batteries.
  • Reports say #Grayscale added 174,000 tokens to its #litecoin holdings in the past month, pushing its holdings to 1.44 million.
  • Worries about lofty U.S. bond yields hit global shares as investors waited to see if Federal Reserve Chair Jerome Powell would address concerns about a rapid rise in long-term borrowing costs.

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Miguel A. Rodriguez
Miguel A. Rodriguez
financial_writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.