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The clouds of war

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Miguel A. Rodriguez
Miguel A. Rodriguez
15 February 2022
Crypto firm BlockFi to pay record penalty to settle U.S. SEC, state charges
  • Asian markets fell and oil prices rallied after the United States warned Russia could attack Ukraine within days as diplomatic efforts to prevent a war appeared to fail, while fears over inflation kept traders on edge
  • A subsidiary of crypto company #BlockFi Inc has agreed to pay $100 million to the U.S. Securities and Exchange Commission and 32 states to settle charges in connection with a retail #crypto lending product
  • Iraq’s #oil production capacity has grown from 3 million to around 5 million bpd in recent years, but the departure of oil majors such as #Exxon Mobil and #Shell from a number of projects means future growth is uncertain
  • #XAUUSD rose 0.6% in the last session
  • The last session saw EUR fall 0.6% against USD
  • #GBPUSD dropped 0.3%
  • #AUDUSD fell 0.4%


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.