Hard week comes to an end

By: Miguel A. Rodriguez

10:38, 07 December 2021

1638866050.png
Bitcoin extends decline after weekend flash crash
  • European stocks opened higher while U.S. futures also traded in the black in a tentative rebound from last week when the spread of the COVID-19 #Omicron variant hit markets
  • #Bitcoin dropped by almost 5% as the start of the week offered little respite to the world's largest #cryptocurrency after a bruising weekend when, it lost over a fifth of its value
  • #Alibaba Group Holding Ltd. is replacing its long-standing chief financial officer, the most notable leadership change since the Chinese e-commerce firm survived a bruising antitrust investigation
  • #XAUUSD corrected downwards by 0.2%
  • #EURUSD saw a minor dip of 0.1% in the last session
  • #AUDUSD gained 0.4% in the last session


Share this article

This information prepared by capex.com/za 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financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.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 capex.com/zaJME 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.