Investments in AUD, NZD, CAD and oil turned out to be the most unprofitable ones in August. The world is preparing for a new wave of the pandemic and investors have been selling off commodity assets.
Aluminum is the only metal that grew in value. It remains at its highest level in 10 years at the end of August.
A decline in business activity and a drop in industrial production have occurred in China. Disappointing macroeconomic reports from China are worrying investors. The global economy is under threat.
Cryptocurrencies are growing in August. The growth leader is Ethereum, which added up to 32% in a month; Bitcoin gained 21.5%, approaching $50,000
