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As the pandemic lingers

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Miguel A. Rodriguez
Miguel A. Rodriguez
29 October 2021
New Bitcoin hash rate highs remove any trace of China mining ban
  • Central banks reducing emergency stimulus too quickly and further supply chain disruption are among the top risks to the world economy next year as the COVID-19 pandemic lingers
  • China’s exit from #Bitcoin mining, which saw its hash rate dive 50% this year, is now all but unnoticeable as network fundamentals take care of their own recovery
  • European Central Bank President Christine Lagarde pushed back against market bets that runaway #inflation would force a rate hike as early as next year, reaffirming the view that price pressures would ease by then
  • #Gold got a slight bump of 0.2% against the Dollar
  • #WTIUSD gained 0.6%

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

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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.