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Even with a Brexit deal and an agreement on financial regulation out of the way, the U. Britain now expects to receive the first doses of the U. Consumers did return to online and in-store shopping in February after a slump at the beginning of the year, official figures published Friday showed. Still, the rebound was modest. There are a lot of little bad things in the background that individually have the potential to be pretty systemic.

For more articles like this, please visit us at bloomberg. In , the global cryptocurrency market had crashed, and Sergii Gerasymovych was looking for a way to keep his Bitcoin mining company afloat. Gerasymovych eventually settled on a plan to make money while cleaning up two notoriously climate-polluting industries. But on Monday, when Abu Dhabi begins selling futures contracts for its oil and then shipping the barrels from Fujairah, it will mark an aggressive shift by the emirate.

Investors globally are clamoring for commodities because of their high yields relative to other assets and to protect themselves against any rise in inflation. Creating a new benchmark will hardly be easy. Oil traders dislike change, especially when they believe markets already do a good job matching supply and demand.

It was forced to shelve the plan indefinitely. Murban will also face competition regionally. Platts publishes price assessments for Dubai oil and the Dubai Mercantile Exchange trades futures for Omani crude.

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Both act as benchmarks for Middle Eastern shipments to Asia. Abu Dhabi says the combination of high supply, easy access to oil-consuming markets from Fujairah and the absence of trading restrictions will attract plenty of buyers to its exchange. The futures platform will be run by Atlanta-based Intercontinental Exchange Inc. The Murban exchange and the capacity boost could raise tension within the Organization of Petroleum Exporting Countries, according to Hari of Vanda Insights.

The Gulf states dominate the cartel and tend to prize unity. They also began unprecedented production cuts last year to bolster prices as the coronavirus pandemic spread. When CSG opted to shift its regional headquarters this year from Dubai to Riyadh, it marked an early win for Saudi Arabia and proved a surprisingly easy move for the U.

CSG is among several foreign companies that agreed earlier this year to set up regional offices in Saudi Arabia rather than overseeing operations remotely from Dubai, the buzzing commercial hub in neighbouring United Arab Emirates.

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Bloomberg -- The family office of former Tiger Management trader Bill Hwang was behind the unprecedented selling of some U. The companies involved ranged from Chinese technology giants to U. S, according to an email to clients seen by Bloomberg News. ViacomCBS and Discovery posted their biggest declines ever Friday, after the selling and analyst downgrades.

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The liquidation had triggered price swings for every stock involved in the high-volume transactions, rattling traders. Hwang was an institutional stock salesman at Hyundai Securities Co. Updates with reasons behind selling in second paragraph For more articles like this, please visit us at bloomberg. After getting furloughed by American Airlines, and watching her side gig leading trips outside of the US evaporate overnight at the start of the pandemic, Brittany Floyd felt unsettled.

Having lived across every aspect of the income scale—she grew up in a low-income household, where her mother worked as a custodian and her father as a construction worker—she had no intention of going back to a life of financial struggle. The pandemic had Floyd thinking about wanting to be financially independent and not having all her money tied up in one sector of the economy.

Stocks are giving back gains after a strong week, with little seen moving the needle before March's jobs data. Bloomberg -- A global semiconductor shortage has upended the supply of everyday devices from smartphones to gaming consoles to tech-dependent cars. With companies warning the issue may last into the second half, the fallout threatens to weigh on share prices for months to come. Since news broke in November that Apple Inc. Truckmaker Volvo Group and electric-vehicle company Nio Inc. The lack of chips has been caused by booming demand for tech gear, in large part because of the pandemic, and winter weather in Texas and a fire in Japan have added to the problem.

It triggered a 6. In Japan, shares of Toyota Motor Corp. Daiwa Securities cited the chip shortage in downgrading the stock and cutting estimates for this year and next. China is dealing with unrelated chip-supply issues of its own. Smartphone maker Xiaomi Corp. One positive aspect of the chip shortage: With demand for consumer electronics as strong as it is, it gives companies the power to raise prices and pass on higher costs, said Neil Campling, an analyst at Mirabaud Securities.

Lenovo Group Ltd. Sony Corp. While Samsung Electronics Co. Samsung this month warned of problems, including the possible cancellation of the launch of its new Galaxy Note, one of its best-selling smartphone models.

Makers of networking equipment also have been feeling the pinch. Analysts at Oddo BHF flagged a DigiTimes report that the lead times for deliveries of networking chips are extending to as long as 50 weeks, suggesting that the chip shortage has also reached the networking segment and will likely last into early next year.

ChipmakersWhile automakers have struggled, the flip side of the semiconductor shortage is that the companies supplying those chips could see a boost to their business. Most semiconductor companies should report strong results for the first quarter and give good guidance for the second, said Janardan Menon, an analyst at Liberum Capital Ltd. In the U. There are also broader winners from the shortages in the semiconductor industry, with chip foundries such as leader Taiwan Semiconductor Manufacturing Co. Semiconductor-Equipment ManufacturersThe makers of equipment used to produce semiconductors are benefiting from the supply crunch as chipmakers rush to add capacity to their factories and governments concerned about national security risks are looking at measures to encourage local production.

The combination has created a spending environment that some analysts say will benefit the industry for years. Bloomberg -- Axel Kicillof relished the role he played in the Argentine government years ago: the brash left-wing economy minister who clashed at every opportunity with foreign investors. They hated him and he loved it. Today, Kicillof is once again locked in a bruising battle with financiers in New York and London. But unlike the others, Buenos Aires has yet to emerge from default. This gambit, analysts say, may help jump-start the process by forcing the province to take a more active role in negotiations.

Gold and silver collapsing

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Real-time gold scrap value calculator for professionals. Gold Silver Platinum Palladium. Gold Silver. Currency Converter Currency Cross Rates. Features Tech Metals. I will also detail what I expect is the net result of all of this recent news and let you know what I think is coming next for bitcoin and cryptocurrencies.

On the surface, not a good thing at all! In normal markets you would put this down to a sudden loss of confidence, but in crypto things are a little different. A combination of these 2 things is what makes bitcoin insanely volatile. As the world slowly adopts bitcoin, the amount of individuals holding large amounts of Bitcoin reduces as they sell to take perceived profit into FIAT currency or perhaps they realise their profit in a different cryptocurrency.

When these large holding individuals sell Bitcoin it can trigger a loss of confidence among the community so you end up with a cascading sell-off. However that is not what happened here. F2Pool Bitcoin mining pool sent Bitcoin in a single transaction out of their bitcoin mining wallet and right onto the exchanges.