An olive branch for the industry

By: Miguel A. Rodriguez

10:26, 15 December 2021

Dollar near one-week high amid hawkish Fed hopes, Omicron fears
  • President Joe Biden’s energy chief extended an olive branch to the #oil industry, telling executives a crude export ban is not under consideration
  • The #dollar traded near a one-week high versus a basket of major rivals, supported by expectations of a hawkish Federal Reserve meeting this week and haven demand
  • #NYDIG, which aims to be the leading provider of #Bitcoin services in any industry, has raised an impressive $1 billion in a funding round led by #WestCap.
  • #BTCUSD gained 0.9% in the last session
  • The last session saw XAU fall 0.8% against USD
  • #WTIUSD plummeted 1.0%

Share this article

This information prepared by is not an offer or a solicitation for the purpose of purchase or sale of any financial products referred to herein or to enter into any legal relations, nor an advice or a recommendation with respect to such financial products.This information is prepared for general circulation. It does not regard to the specific investment objectives, financial situation, or the particular needs of any recipient.You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation, or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.
Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of Financial Services (Pty) Ltd trading as CAPEX.COM/ZA acts as intermediary between the investor and Magnasale Trading Ltd, the counterparty to the contract for difference purchased by the Investor via CAPEX.COM/ZA, authorised & regulated by the Cyprus Securities and Exchange Commission with license number 264/15.  Magnasale Trading Ltd is the principal to the CFD purchased by investors.