Notifications Bell

Who will follow the Fed?

Who will follow the Fed?

Russian central bank reportedly set to ban bitcoin

  • World stocks marched back towards record highs as traders waited to see if Europe's top central banks, the #ECB and Bank of England, would match the U.S. Federal Reserve's upbeat message and cut stimulus
  • The Bank of Russia is reportedly concerned that #cryptocurrency investments might risk the country's financial stability
  • The dollar inched up, but trading was choppy as investors awaited monetary policy decisions from the UK and eurozone, just a day after the U.S. Federal Reserve took its own hawkish turn
  • The last session saw USD fall 0.4% against JPY
  • #BTCUSD dove 2.0%
  • #XAUUSD rose 0.8%
  • #WTIUSD skyrocketed 1.2%

The information presented herein is prepared by 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 and forecasts are not reliable indicators of future results.