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Blazing hot market

Miguel A. Rodriguez
Miguel A. Rodriguez
17 February 2022
UK inflation climbs to highest since 1992 at 5.5%
  • Tower Semiconductor Ltd shares soared higher after the foundry chip manufacturer agreed to a $5.4 billion takeover by #Intel Corp.
  • British consumer prices rose at the fastest annual pace in nearly 30 years last month, intensifying the squeeze on households and reinforcing the chances that the Bank of England will raise interest rates
  • Digital insurance infrastructure firm #Boost Insurance, alongside insurtech Breach Insurance, has announced that it has launched #Crypto Shield, which covers the theft of cryptocurrencies
  • #BTCUSD fell 0.9%
  • #EURUSD rose 0.3%
  • #AUDUSD went up 0.6%

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.

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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.