Refiners stock up

By: Miguel A. Rodriguez

12:57, 26 January 2022

1643194255.png
Yen jumps, euro slumps amid Ukraine tensions, Fed jitters

• India's crude #oil imports in December hit their highest level in a year as strong demand prospects in the world's third-largest oil consumer and importer prompted refiners to stock up

• The safe-haven yen and U.S. dollar rose while the risk-sensitive New Zealand #dollar fell with the #euro amid escalating worries about a potential military conflict in Ukraine

• Kazakhstan cut off companies mining #cryptocurrencies from its electricity supply a day before parts of the country were hit by blackouts, the country’s latest clampdown on an industry it once welcomed

#BTCUSD skyrocketed 1.9%

#XAUUSD gained 0.4%

#WTIUSD skyrocketed 1.3%  




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financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.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