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Strong week, weak finish

Miguel A. Rodriguez
Miguel A. Rodriguez
14 March 2022
UK economy surges unexpectedly, bolstering case for rate hike next week
  • #Gold retreated as investors focused on the likelihood that U.S. interest rates are set to rise, but concerns over the course of the Ukraine conflict put safe-haven bullion on track for a second consecutive weekly gain
  • Britain's economy rebounded much more than expected in January from its coronavirus-related lull in late 2021, raising the likelihood of an interest rate hike next week
  • The #euro steadied but was still set for weekly gains as the European Central Bank's announcement that it will phase out its stimulus lent support to the single currency
  • #WTIUSD skyrocketed 1.5%
  • #BTCUSD rose 0.4%

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.