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Uncertainty drags on

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Miguel A. Rodriguez
Miguel A. Rodriguez
01 April 2022
U.S. SEC says crypto safekeeping arrangements should be treated as liability
  • Oil prices dove as the United States weighed its largest-ever drawdown from its oil reserves, while Asian stocks fell as China reported weak manufacturing data and uncertainty over the war in Ukraine dragged on
  • U.S. listed companies that hold cryptocurrencies on behalf of users and customers should account for those assets as a liability on their balance sheet and disclose the related risks to investors, the securities regulator said
  • The euro held at a one-month high against the dollar, after rallying on hopes the war in Ukraine might enter a new de-escalating phase while tumbling oil prices weighed on commodity currencies and the yen resumed its slide
  • WTI/USD dove 5.9%
  • BTC/USD plummeted 2.9%
  • XAU/USD gained 0.5%


This information/research prepared by Andreas Thalassinos 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.