Beyond Currency

9th March 2022 - Petrol prices rise fastest in 13 years


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"Rising fuel prices will add another blow to those being faced by consumers in the UK as Boris Johnson’s Government lurches into another crisis.
Johnson performed another of his trademark U-turns yesterday as he agreed with the European Union and the United States to ban purchases of Russian oil and gas by the end of the year.
Just 24 hours earlier, Johnson had said that he was against limiting the import of Russian oil since there was no alternative available.
The President of Ukraine became the first foreign Head of State to address parliament yesterday.
In a passionate address, Volodymyr Zelensky appealed to MPs to push for a no-fly zone over Ukraine. While this is still unlikely to be agreed to, given the fears in the west of contributing to an escalation of hostilities, Zelensky’s genuine and heartfelt speech drew a standing ovation from his audience.
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Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.
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