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Markets welcome Powell decision

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Miguel A. Rodriguez
Miguel A. Rodriguez
23 November 2021
NFT music rights startup Royal banks $55M investment led by a16z Crypto
  • European markets closed mixed with stocks recovering some lost ground after investors reacted positively to news about U.S. President Joe Biden deciding to reappoint Jerome Powell as the Chairman of the Federal Reserve
  • Less than three months after announcing a $16 million seed round, #NFT music rights startup Royal has raised another major bout of funding, banking a $55 million Series A from Andreessen Horowitz's #crypto investment arm
  • #Tesla Inc is planning to spend more than $1 billion on its new vehicle factory in Austin, Texas, and plans to complete construction by the end of this year, public filings show
  • #XAUUSD plummeted 2.2%
  • #EURUSD dropped 0.3%


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.