World War III in the making

Important news this week

Tue, 13:30 CET UK Annual budget release.

Geopolitics

Now Israel and Western Allies have achieved what has been long in the making: A full- on war developing potentially developing into something bigger. Behind the scenes the same people seem to dictate what is going on as the bloodshed and shelling continues. Shares of BlackRock are slightly weakening but in the long- run the company might gain big, like they already do in the Ukraine: gearing up momentum in securing assets and the reconstruction after the destruction. Markets might start now to weaken further as the killing goes on, because a few men are keen in doing so. A bad week for the World seems to continue.

Market talk

The strength of the Dollar continues and safe haven assets keep starting to fade somewhat, as often seen at the beginning of negative headlines. Silver looks set to push lower as the technical resistance zone of USD 85.00 keeps pushing the market lower. The closure of the Strait of Hormuz will likely harm the economy as the time goes on and with that economic demand is expected to weaken and thus the demand of Silver might fade as well. Oil prices on the other hand might rise further and Iran should be expected to destroy as many oil plants of US allies as possible. A perfect day for the Greens, who at least in Germany will celebrate the increase of the Germany military to prevent the enemy.

Tendencies in the markets

• Equities weak, USD stronger, crypto weaker, oil strong, Silver correcting, Gold sideways.