Shrugging off the virus

By: Miguel A. Rodriguez

10:24, 11 August 2021

Canadian dollar recovers from 2-week low as oil rallies.
  • #Oil prices rose more than $1, recouping some of the losses in the previous session, as a rise of demand in Europe and the United States outweighed concerns over a rise of #COVID cases in Asian countries.
  • The Canadian dollar edged higher against its U.S. counterpart as a rebound in oil prices offset broader gains for the greenback, with investors awaiting U.S. inflation data.
  • Hackers have breached blockchain-based platform Poly Network and extracted more than $600 million in #cryptocurrencies, marking the biggest hack ever in the DeFi space.

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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.