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Gobsmacked at the forecourt?

With the average price of petrol almost £1.80 per litre in the UK it now costs £100 to fill a typical family car according to the RAC. No doubt the war in Ukraine, which has led to sanctions on Russia, has had a major impact on recent prices but what other factors are at play?

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Why USD is the only ‘stable coin’

In times of market volatility, especially in equity markets, USD reigns supreme.

Key Points

• The US is less effected by events in Ukraine and their economy seems reasonably strong compared to other countries, despite inflationary pressures overall.

• The US is acting more aggressively in terms of monetary tightening, relative to Europe or Japan.

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