Shrugging off the virus

By: Miguel A. Rodriguez

10:24, 11 August 2021

1628665936.png
Canadian dollar recovers from 2-week low as oil rallies.
  • #Oil prices rose more than $1, recouping some of the losses in the previous session, as a rise of demand in Europe and the United States outweighed concerns over a rise of #COVID cases in Asian countries.
  • The Canadian dollar edged higher against its U.S. counterpart as a rebound in oil prices offset broader gains for the greenback, with investors awaiting U.S. inflation data.
  • Hackers have breached blockchain-based platform Poly Network and extracted more than $600 million in #cryptocurrencies, marking the biggest hack ever in the DeFi space.

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financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.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