Strong Asian demand

By: Miguel A. Rodriguez

12:59, 10 January 2022

FTSE 100 ends third week higher on gains in banks, mining stocks
  • Canada exported a record amount of crude oil from the U.S. Gulf Coast last month driven by more pipeline capacity into the region and strong Asian demand
  • The FTSE 100 rose to end the first week of the year higher on support from heavyweight banking and mining stocks, while investors sought to interpret mixed U.S. jobs data and its impact on Federal Reserve policy
  • Sterling was on track for weekly gains against the dollar and euro to start 2022, despite a mixed picture emerging for Britain's economy
  • #BTCUSD rose 0.9% in the last session
  • WTI dropped 0.7% against USD

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financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.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