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Crypto Titans Marc Andreessen, Galaxy Digital Unite in New $75 Million Fund
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News Highlights: Top Financial Services News of the Day
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Republic Planning $700 Million Crypto Fund: Report
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Redditors Abandon Squeezes, Panic-Buy Penny-Stocks As USD Hits 2-Mo Highs (SPY +1.1%). Cold Weather Pushes Gas Prices Above $3, Manufacturing New Orders Improvement Continued.
The Market in Perspective
Here are the headlines moving the markets.
Qatar Loses Interest In Europes LNG Market Qatar could not have a better start to 2021, first scoring a major political goal by restoring diplomatic relations with Saudi Arabia and ending its almost 4-year long embargo. Following a political breakthrough came an unexpected revenue bonanza which saw Doha happily riding the waves of spiking LNG prices in Asia. The combination of both developments Qatar casting away its pariah state and probably playing a more nuanced role as it finds itself between Saudi Arabia, Iran and the still-skeptical UAE, as well as its low-cost LNG production