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Looking ahead to inflation data

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Miguel A. Rodriguez
Miguel A. Rodriguez
08 June 2021
Ethereum and XRP looking more attractive as investors rush to exit Bitcoin funds.
  • World shares were rangebound and trading just off record highs as markets digested Friday's disappointing U.S. jobs report and a global tax deal between the G7 group of countries, while also looking ahead to inflation data due this week.
  • Digital asset funds continue to see outflows led by #bitcoin products where investors shed the largest weekly amount on record.
  • #Google has promised to change its practices after France fined the company for abusing its dominant position online.

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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.