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Unprecedented intervention

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Miguel A. Rodriguez
Miguel A. Rodriguez
04 April 2022
UK manufacturing growth hits 13-month low in March
  • US will draw down 180 million barrels over six months, in unprecedented government intervention in oil markets following Russia’s invasion of Ukraine. Crude prices fell about 4% on the news
  • British manufacturing expanded in March at the weakest pace in 13 months and price pressures, which had previously shown some signs of moderating, worsened, a survey showed
  • The dollar extended a rebound versus major peers, also resuming its rally against the yen, ahead of a key US jobs report that could cement the potential for a 50 basis-point Federal Reserve interest rate hike
  • WTI/USD dove 5.9%
  • BTC/USD plummeted 2.9%
  • XAU/USD gained 0.5%


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.