In this episode, we reviewed last week’s market activities and the possible causes of the trends. From a fundamental analysis standpoint, the war between Russia and Ukraine is the news that’s having the biggest impact on the markets worldwide. The commodities market is seeing surges as a result of this news and investors seem to prefer USD over Crypto as a safe haven to protect the value of their money.
Here are highlights of the podcast:
- Stock markets are majorly bearish as geopolitical tensions make markets unstable. Price could rally following ceasefire between Russia and Ukraine
- The cryptocurrency market is down, with Bitcoin trading below $45,500 since the beginning of March. Bullish momentum has dropped for the cryptocurrency market so, price may not rally for the next couple of months. More on Bitcoin here
- Commodities market are seeing a bullish rally. Read more hereÂ
- Currencies: USD has been gaining against GBP since the last week of February. EUR appreciated against USD at the beginning of the second week of March but USD recovered towards the end of the week. More on EURUSD here
- USDJPY & USDCHF were both bullish throughout the week. Although USD gained against CAD, CAD fought back and also gained against the USD towards the end of the week. See our forecast on USDCAD here
- Russia sanctions, impact on its Oligarchs, and ties with China
- Forecast on GBPUSD
Some of these ideas are in our clients’ portfolios. To understand if this one can work for you or for help to invest your own wealth, talk to our advisors at FM Capital Group. Would you like more information on how to get currencies and stocks in your portfolio? Schedule a meeting with us here.