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Cooling the commodity market

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Miguel A. Rodriguez
Miguel A. Rodriguez
13 September 2021
Bank of England warns banks over data deficiencies
  • #China plans its first public auction of state crude #oil reserves to a select group of domestic refiners, the reserve's administration announced, as Beijing looks to cool high raw material costs for manufacturers.
  • Some #banks and building societies are failing to supply reliable data for regulators to spot threats to the financial system, the Bank of England has warned.
  • #GBP/USD firmed to a one-week high against the dollar to close the week, shrugging off Britain's weak economic data on expectations the Bank of England was set to hike interest #rates well ahead of its U.S. counterpart.


 

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.