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Rising retails sales give confidence

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Miguel A. Rodriguez
Miguel A. Rodriguez
17 September 2021
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

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.