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Investors on edge ahead of inflation data

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Miguel A. Rodriguez
Miguel A. Rodriguez
12 April 2022
Miami Bitcoin conference was successful
  • The Nasdaq fell more than 2%, leading Wall Street's main indexes lower, as rising bond yields weighed on megacap stocks such as Microsoft and Apple with investors on edge ahead of inflation data
  • An estimated 30,000 people attended last week’s Bitcoin 2022 conference in Miami, which is rapidly becoming a major global crypto-finance hub
  • A shortage of semiconductors is likely to remain a problem for the auto industry into 2023, German carmaker BMW's Chief Executive Oliver Zipse said in an interview
  • AUD/USD dropped 0.3%
  • XAU/USD saw a minor rise of 0.2%
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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.