Tensions between Ukraine and Russia escalated yesterday, sending gold to $1900 per ounce, but investors are calmer this morning, as planned talks between the US and Russia gives a certain relief before the weekly closing bell. But the risk taking will likely remain limited, offering a limited recovery potential to equities & cryptocurrencies. Oil on the other hand tanked despite the rising Ukraine tensions, rupturing a well-justified positive trend between geopolitical risks and energy prices. In the FX, the safe haven yen gained, the EURUSD remained steady as the macro pricing was put on hold. In individual stocks, Tesla tanked 5% after it sank to the bottom of the latest Consumer Report’s ranking. Ouch. Watch the full episode to find out more! 0:00 Intro 0:31 Ukraine update 2:02 Gold up 2:48 Why is oil down?! 4:57 Market update 6:08 FX update 7:15 Bitcoin tests $40K support 7:41 US yields down 8:20 Tesla tanks on big ranking drop on latest Consumer Report
Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth clients. In 2012, she started as FX Strategist at Swissquote Bank. She worked as a Senior Market Analyst in London Capital Group in London and in Shanghai. She returned to Swissquote Bank as Senior Analyst in 2020.
