Adding insult to injury

By: Miguel A. Rodriguez

10:38, 28 March 2022

UK retail sales and consumer confidence fall as inflation mounts
  • London-listed #Petropavlovsk will miss a loan payment due on Friday after Britain froze the assets of its main lender #Gazprombank in its latest set of sanctions following Russia's invasion of Ukraine
  • Britons cut back on their shopping in February and consumer confidence levels tumbled this month as accelerating inflation cast a shadow over the world's fifth-biggest economy, released data showed
  • The #euro edged higher, but concerns about a potential slowdown of the economy kept it in a tight range, while the #dollar weakened as investors priced in expected monetary tightening by the Federal Reserve
  • #WTIUSD gained 0.4%
  • #USDJPY corrected downwards by 0.2%

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This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided.