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Energy supplies under threat

Miguel A. Rodriguez
Miguel A. Rodriguez
07 March 2022
Financial screws turned on Russia as insurers exit, London stocks halted
  • #Oil prices soared, extending the recent rally in a volatile session on growing fears of a disruption to global energy supplies after Russian troops bombarded and captured Europe’s largest nuclear power station
  • Russia's global financial isolation intensified as the London Stock Exchange suspended trading in its last Russian securities and some insurers withdrew cover from exporters over Moscow's invasion of Ukraine
  • The #euro tumbled below $1.10 for the first time in almost two years and hit a fresh seven-year low versus the Swiss franc as risks in Ukraine escalated, lowering expectations of European economic growth
  • #BTCUSD dove 5.2%
  • #WTIUSD exploded 4.7%
  • #XAUUSD skyrocketed 1.6%

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. 

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.