The risk was rattled this week as geopolitical uncertainty loomed in the form of Russia and the threat of an incursion into Ukraine. Volatility soared sinking stocks and lifting gold. At the time of writing the picture is still not entirely clear what the situation is. However, for the most part, markets are accepting claims of a Russian withdrawal from Crimea despite the West still asking to see concrete evidence of that action. UK inflation hit a record high, but the Bank of England is expecting a rise in inflation above 7% in April anyway. Inflation prints around the world will continue to grab headlines as records are smashed.

Other key events from the past week

Key events for the coming week

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HYCM Lab is a financial analysis source that provides regular insights on how global news affects the markets including forex, commodities, stocks, indices, and cryptocurrencies*. Run by the HYCM team, it equips traders with everything needed to make informed trading decisions.