Market swings pose a risk

By: Miguel A. Rodriguez

11:36, 29 March 2022

UAE crypto push sees Bybit, announce Dubai offices
  • Bank of England Governor Andrew Bailey said swings in commodity markets after Russia's invasion of Ukraine posed a risk to financial stability and the challenges facing the world economy are bigger than after the global financial crisis
  • Crypto exchange #Bybit said it will open its global headquarters in Dubai, and #crypto platform said it would establish a regional hub there, the latest moves in the UAE's drive to become a centre for the virtual asset sector
  • Taiwan Semiconductor Manufacturing Co. and #Samsung Electronics Co. urged the U.S. to allow foreign companies to participate in a $52 billion federal program aimed at boosting chip production on American soil
  • #XAUUSD dove 1.2% in the last session
  • #GBPUSD dropped 0.6%
  • #AUDUSD fell 0.3%

Share this article

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.