Adding insult to injury

By: Miguel A. Rodriguez

10:38, 28 March 2022

1648452684.png
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%


Share this article

This information prepared by capex.com/za is not an offer or a solicitation for the purpose of purchase or sale of any financial products referred to herein or to enter into any legal relations, nor an advice or a recommendation with respect to such financial products.This information is prepared for general circulation. It does not regard to the specific investment objectives, financial situation, or the particular needs of any recipient.You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation, or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.
Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of capex.com/zaJME Financial Services (Pty) Ltd trading as CAPEX.COM/ZA acts as intermediary between the investor and Magnasale Trading Ltd, the counterparty to the contract for difference purchased by the Investor via CAPEX.COM/ZA, authorised & regulated by the Cyprus Securities and Exchange Commission with license number 264/15.  Magnasale Trading Ltd is the principal to the CFD purchased by investors.