Rising retails sales give confidence

Rising retails sales give confidence

Many of South Korea’s small crypto exchanges set to disappear

  • #WallStreet indexes fell as an unexpected rise in retail sales pointed to resilience in the economic recovery, pushing up yields and spurring a broad move out of heavyweight technology stocks
  • South Korean regulators are set to shut down dozens of #cryptocurrency exchanges in the coming days, though the impact is likely to be felt only on the margins of the industry given the low volumes involved
  • The #dollar climbed to the higher end of recent ranges against other major currencies, as traders looked to next week's Federal Reserve policy meeting for indications on how soon the U.S central bank will start to taper #stimulus

The information presented herein is prepared by CAPEX.com and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.

Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.

Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance is not a reliable indicator of future results.