New instrument for cryptos announced
According to a filing with the United States Securities and Exchange Commission (SEC), JPMorgan plans to launch a tool that will provide greater accessibility to the world of cryptocurrencies to its clients. The new instrument will be titled JPMorgan’s Cryptocurrency Exposure Basket. It is a set of reference stocks made up of cryptos or […]
Interest rate and employment in Canada, USDCAD projections
The Bank of Canada holds eight annual meetings where they stipulate the economic decision. For almost a year it has maintained the same level in the interest rate, the last modification happened in March 2020, when it went from 0.75% to 0.25%. The forecast is that it does not change and is at 0.25% for […]
Central Bank Digital Currencies
The pandemic brought with it a high interest in limiting the use of physical money. This need sparked the interest of central banks to generate their own digital currencies. This time will be a major turning point for crypto investors. Finally, speculators will understand that cryptocurrencies are not themselves digital currencies but instruments of financial […]
WTI and BRENT prices recover
This week crude oil suffered variations in its price motivated by the monthly OPEC + meeting. The meetings of the countries that make up this group seek to decide what measures to take in the current context and thus work on prices that respond to demand without suffering losses. Expectations were for a slight […]