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Wheat prices could be hitting record highs again this week. While Russia and Ukraine together generate 30% of global production, exports from both countries have all but ceased. Source: Bloomberg Commodities Wheat Fertilizer Ukraine Russia Price As Ukraine prepares to enter its third week of war with Russia, the outlook for commodities has been drastically altered. Metals Nickel, Palladium, Gold, and Aluminium are all at record or near-record highs. Nickel trading is suspended at the London Metal Exchange after it squeezed to over $100,000/tonne. Brent Crude is at $127 a barrel, just $20 shy of its record high in July 2008. And with the war continuing to escalate, new commodity records could be here soon. Wheat price pressure Less reported is the impact on global wheat prices. Global benchmark Chicago Wheat is at $12.29/bushel, dipping from its $13.63/bushel record last week. For context, the benchmark was trading under $8/bushel in mid-February. And it was only $5/bushel in mid-August 2020, as wheat prices were already under strong inflationary pressure exacerbated by the covid-19 pandemic. Moreover, the limit price of $0.85 a day for wheat futures has been hit multiple times over the past few days, while further rises could be imminent as 61% of IG clients are currently long on the market. According to the US Department of Agriculture, Russia was the world’s leading exporter of wheat in the last marketing year (ended June 2021), making up 20% of global exports of 39.1 million tons of wheat. With Ukraine also accounting for 10% of exports, a third of the global supply has now dried up. Ports in Ukraine are closed, preventing shipments from both countries from departing. But the long-term problem is future supply; the physical impact of war is destroying crops, and many Ukrainian farmers who would usually begin planting wheat in Spring are instead fighting Russians or fleeing the country. And helping drive record wheat prices is a squeeze on short positions held before the war in Ukraine began. AgResource says ‘the short squeeze in wheat has been breath-taking as the world lost 30% of its export capacity due to Russia’s war on Ukraine and closure of Black Sea supplies… Importers will draw down their own domestic stocks and scour the world for additional supply for April/May.’ And StoneX analyst Arlan Suderman believes ‘the Black Sea absence is already hitting hard as global importers desperately seek replacements.’ The impact on countries dependent on Ukrainian and Russian supplies will be acute. Egypt’s state procurer of wheat has had to cancel two orders in the past week for overpricing and because companies are refusing to sell their supplies. Mirette Mabrouk at the Middle East Institute believes that ‘bread is extremely heavily subsidized in Egypt, and successive governments have found that cuts to those subsidies are the one straw that should be kept off the camel’s back at all costs.’ But this will become increasingly difficult to maintain. Wandile Sihlobo at the Agricultural Business Chamber of South Africa says African countries imported $4 billion of agricultural products from Russia in 2020, 90% of which was wheat. The continent is being forced to source this supply elsewhere, dricing up prices. Source: Bloomberg Fertilising further problems Russia also produces 13% of the global total of potash, phosphate and nitrogen-containing fertilisers, amounting to some 50 million tonnes. And the country’s Ministry of Industry and Trade has put restrictions on some exports of fertiliser and fertiliser ingredients, which is being compounded by insurers who are refusing to cover Russian exports for fear of a future embargo. Russian gas, another essential component of fertiliser manufacturing, is also at record prices and under threat of future sanctions. Fertiliser prices are already surging close to £1,000, up from around £650 last week, as farmers stockpile fearing continued price hikes. The National Farmer’s Union says prices for nitrogen fertiliser are already up 200% since last year, leaving famers forced to buy less, leading to a lower yield production, further driving up wheat prices. Julia Meehan at commodity agency ICIS argues ‘all everybody is talking about is availability (of fertiliser). There are huge concerns.’ And Yara International CEO Svein Tore Holsether believes ‘it’s not whether we are moving into a global food crisis – it’s how large the crisis will be.’ He maintains that ‘we were already in a difficult situation before the war... and now it's additional disruption to the supply chains and we're getting close to the most important part of this season for the Northern hemisphere, where a lot of fertiliser needs to move on and that will quite likely be impacted.’ Ukraine is oft-cited as ‘the bread-basket of the world;’ its national flag a field of wheat under a blue sky. With supply collapsing, the wheat price could soon hit new highs. Over 35 commodities at your fingertips – trade spot, futures and options plus invest in stocks and ETFs all on one award-winning platform.* View our commodities offering or begin trading now. * Best trading platform and best trading app as awarded at the ADVFN International Financial Awards 2021 Charles Archer | Financial Writer, London 10 March 2022

Hi @Bossako, On the Position screen you can see the Margin on your account: Make sure that Margin is ticked on the list to be displayed. I hope that it helps. All the best - Arvin

As Brent Crude reaches $129 and the price of oil continues to climb, the EV revolution could be about to accelerate. Source: Bloomberg Shares Commodities Tesla, Inc. Petroleum Brent Crude Russia The Tesla (NASDAQ: TSLA) share price began 2022 at a near-record $1,200 after record quarterly deliveries of its electric vehicles (EVs). However, rising inflation and Omicron worries saw it fall to $764 by 23 February. Then Russia began its invasion of Ukraine, and Tesla shares rocketed to $880 on 2 March as the implications for oil were laid bare. Now trading at $824 a share, the time could be ripe for a new bull run. Tesla share price: oil skyrocketing Right now, Brent Crude is at $129 a barrel. For context, the benchmark averaged $70 in 2021 and only $43 in 2016. On Monday, it struck a 14-year high of $139 as investors were spooked by the spectre of a western oil and gas embargo against Russia. That spectre is now reality. US President Joe Biden claims the move targets ‘the main artery of Russia’s economy’ but admitted it will be ‘not without cost at home.’ UK PM Boris Johnson concurs, saying the UK’s plan to phase out Russian oil by the end of 2022 will ‘add to the pressure we're already seeing on Russia.’ Meanwhile, the European Commission plans to reduce EU demand for Russian gas by two thirds, with the bloc currently relying on the alienated state for 40% of its gas and 30% of its oil. About 8% of US and 6% of UK oil comes from Russia. Russian Deputy PM Alexander Novak had previously threatened to ‘impose an embargo on gas pumping through the Nord Stream 1 gas pipeline’ and that ‘rejection of Russian oil would lead to catastrophic consequences for the global market,’ causing Brent to rise to $300 a barrel. Goldman Sachs is predicting Brent will average $135 this year, while JP Morgan is predicting a rise to $185 by summer. As analysts dissect the implications of the embargo, even higher price predictions could be hitting the front page soon. The implication for Tesla’s share price is obvious. In the UK alone, petrol is already at 153p and diesel at 159p a litre. The cost of filling up a 55-litre family car has risen by £2 in a week. If Brent rises to previously unimaginable highs, the transition to EVs could accelerate even faster than previously predicted. Source: Bloomberg Tesla shares: Berlin Gigafactory and semiconductor shortages Wedbush analyst Dan Ives believes a ‘major overhang’ on Tesla has been removed after it secured delayed German approval to start production at its new Gigafactory in Berlin. With a $1,400 target, Ives ‘cannot stress the production importance of Giga Berlin to the overall success of Tesla’s footprint in Europe and globally,’ as Tesla expects to eventually ramp up production at the plant to 500,000 cars a year. And Global Equities Research analyst Trip Chowdhry is targeting $1,500, believing the company’s production, shipping, and delivery momentum are currently ‘extremely solid,’ helping to set another deliveries record this quarter. However, CEO Elon Musk warned that ‘in 2022, supply chain will continue to be the fundamental limiter of output across all factories. So, the chip shortage, while better than last year, is still an issue.’ And this was before the Ukraine crisis sent the cost and availability of EV critical Palladium, Neon, and Nickel to record highs. Nickel alone is at a record-busting $100,000/tonne, forcing the London Metal Exchange to suspend trading in the commodity indefinitely. In addition, Musk is in yet more trouble with the US Securities and Exchange Commission. After agreeing that his Tesla-related tweets would be vetted by a lawyer before being posted in 2018, he is now arguing he was coerced into the deal, as ‘Tesla was a less mature company and the SEC’s action stood to jeopardize the company’s financing.’ Musk wants to block a SEC subpoena for records of legal pre-approval of his November Twitter poll asking the public whether he should sell 10% of his stake in the company. Tesla argues Musk’s tweet was ‘behaviour the SEC should encourage: a CEO’s transparency.’ But another legal battle with the powerful US regulator is a distraction the company could do without. Politically, there’s better news. Biden called out Tesla as ‘our nation’s largest electric vehicle manufacturer’ in a speech about EV chargers last week. Previously, Musk has made no secret of his disapproval of Biden’s $7.5 billion Bipartisan Infrastructure Law and had previously called the President a 'damp sock puppet.' But the potential forthcoming oil crisis could now be focussing political minds on a speedier EV transition. Legacy competitors Ford and GM are still amid their transition to electric, while newer rivals Lucid and Rivian are struggling to ramp up production. But Tesla is aiming to double sales to 2 million cars this year, as the higher up-front cost of EVs becomes more palatable than the running costs of ICE cars. The Tesla share price could be racing back to $1,200 before long. Go short and long with spread bets, CFDs and share dealing on 16,000+ shares with the UK’s No.1 platform.* Learn more about trading shares with us, or open an account to get started today. * Best trading platform as awarded at the ADVFN International Financial Awards 2020 Charles Archer | Financial Writer, London 09 March 2022

Gold has raced up as nervy markets see scarcity from Russian sanctions; real yields have gone lower while haven assets like gold have benefited and fed rate rises priced in for next week. Source: Bloomberg Forex Shares Gold Commodities Federal Reserve United States dollar Gold has rallied to its highest level since August 2020 as pandemonium has gripped markets in the fallout from Russia’s invasion of the Ukraine. Many Western countries are looking at imposing various sanctions against Russia and the commodities that they export are seeing the largest gains. These include oil, gas, nickel, copper and of course gold. In reality though, gold has not seen the size of gains that these other markets have experienced. This is despite other tail winds supporting the precious metal. Real yields in the US have been falling in the last few weeks as shown in the chart below. 10-year Treasuries have a notional yield of 1.79% while the market priced 10-year inflation rate expectation is 2.77%, to give a real yield of -0.98%. Sinking real yields typically boosts gold prices as the alternative of investing in Treasuries becomes less attractive from a real return perspective. US CPI will be published on Thursday and the market is anticipating an annual headline rate of 7.8% and 6.4% for the year-on-year core rate. Consistently high inflation could have ongoing implications for real yields. The Federal Reserve is expected to raise rates by 25 basis points (bp) at their Federal Open Market Committee (FOMC) meeting next week. The US Dollar has also benefitted from the uncertainty in markets and a more hawkish Fed has underpinned it. A strengthening USD normally works against a rising gold price, but that has been overwhelmed by the other factors already mentioned. If the Fed sticks to its plan, it may not have much impact as it has been very well telegraphed. Any variation from a 25 bp hike could see further volatility. Gold, US dollar (DXY) and US 10-year real yield Source: TradingView Gold technical analysis Today’s 18-month peak on gold opens up the possibility of a move to test the all-time high of 2,075.14, seen in August 2020. Before that, it will need to clear a resistance level at another previous high of 2,015.65. A bullish triple moving average (TMA) formation requires the price to be above the short term simple moving average (SMA), the latter to be above the medium term SMA and the medium term SMA to be above the long term SMA. All SMAs also need to have a positive gradient. Not surprisingly, this move has seen all the short, medium and long-term SMAs turn to positive gradients. Looking at the 10, 55 and 100-day SMAs, this could suggest that bullish momentum may still be in play as all criteria has been met for a TMA. A move below the 10-day SMA might be worth watching for an indication that momentum could be fading. Support on the downside could be at the pivot points of 1,959.33, 1916.53 and 1877.15 Source: TradingView This information has been prepared by DailyFX, the partner site of IG offering leading forex news and analysis. This information Advice given in this article is general in nature and is not intended to influence any person’s decisions about investing or financial products. The material on this page does not contain a record of IG’s trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Daniel McCarthy | Strategist 08 March 2022

EUR/USD and GBP/USD slide amid ongoing war in Ukraine but EUR/GBP stabilises as sterling weakness dominates. Forex Pound sterling Euro United States dollar EUR/USD GBP/USD EUR/USD continues its slide in wake of geopolitical tensions EUR/USD so far dropped to $1.0806, close to the February and May 2020 lows at $107.78 to $107.67, amid the ongoing war in Ukraine and surging commodity prices which raise the prospect of slowing growth and strong inflation. Further down the April 2020 low can be seen at $107.27 and the March 2020 low at $106.38. Minor resistance sits between the November 2019 low at $1.1003 and the April 2020 low at $1.1019. Further resistance is found between the May 2019, January and February lows at $1.1106 to $1.1122. Source: IT-Finance.com EUR/GBP probes resistance as sterling weakens across the board EUR/GBP is testing its £0.8277 to £0.8305 previous support, now resistance, area, which stretches as far back as December 2016, in the face of the crumbling British currency. It is the second-worst performing currency of the past week and month as it proves to be a major loser in the financial fallout caused by the war in Ukraine and tightening sanctions on Russia. The rise above £0.8305 may lead to an extension towards the 55-day simple moving average (SMA) and two-month downtrend line at £0.8366 to £0.8374 being seen in the course of this week. Source: IT-Finance.com GBP/USD trades in 1 ¼ year lows The Pound Sterling has dropped by over -3% in as many weeks as the war in Ukraine and increasing sanctions on Russia have weighed on the currency with it now trading at levels last seen in November 2020. The cross is nonetheless trying to at least short-term stabilise around the 200-week SMA at $1.3122. This underpinned GBP/USD back in December of last year. Any short-term bounce is likely to encounter resistance at the $1.3163 December low. Further, more important, resistance comes in at the $1.3273 24 February low. Below today’s low at $1.3083 lies the minor psychological $1.30 mark. Source: IT-Finance.com Axel Rudolph | Market Analyst, London 08 March 2022

Hi @bdbartman, You should see the dividend for Pfizer reflecting on your account by now. All the best - Arvin

Hi @lssmnc, Could you please clarify which are your positions that you are unable to close? Thank you - Arvin

Hi @Goldengawd, There isn't quick keys available so far on the platform. I will forward your feedback to the relevant department to be reviewed. All the best - Arvin

Hi @espiral, Thank you for your post and feedback. We will forward it to the relevant department to be reviewed. It is usually 2 cents per share but there is a minimum charge of USD 10 or 15 depending where your are located. All the best - Arvin

Hi @EnglishGuy, Thank you for your post. Unfortunately we do not provide support on how to complete the W-8BEN form as we do not know your exact situation and we do not have Tax advising knowledge. This form being issued by the IRS, you can have a look into https://www.irs.gov/pub/irs-pdf/iw8ben.pdf for further information. All the best - Arvin

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 7th March 2022. These are projected dividends and likely to change. IG cannot be held responsible for any changes made. Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. Amount in brackets is the expected adjustment after special dividends excluded (where shown on major indices). Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video. NB: All dividend adjustments are forecasts and therefore speculative.A dividend adjustment is a cash neutral adjustment on your account. Index Bloomberg Code Effective Date Summary Dividend Amount TOP40 ANG SJ 9/03/2022 Special Div 7600 UKX RIO LN 10/03/2022 Special Div 0.456 SPX EOG LN 14/03/2022 Special Div 1 How do dividend adjustments work? This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Global markets turn risk off amid reports Russia attacked key Ukraine nuclear plant; Dow Jones futures and Euro drop, gold and crude oil prices rally. Source: Bloomberg Forex Indices Shares Commodities Nuclear power Ukraine During the early hours of Friday’s Asia Pacific trading session, reports crossed the wires that Russia attacked the Zaporizhzhia Nuclear Power Station in Ukraine. It is the largest of its kind in Europe and according to Bloomberg, the Soviet-made 950-megawatt reactors account for about 20% of the nation’s electricity. Initially, the Nasdaq 100, S&P 500 and Dow Jones futures slid 1.8%, 1.6% and 1.3% respectively. Japan’s Nikkei 225 index fell over 3% as DAX 40 futures were down over 2%. Accompanying the decline in equities around the world was a sliding Euro as well as the sentiment-linked Australian and New Zealand Dollars. Traders were also flocking into the safety of the anti-risk US Dollar and similarly behaving Japanese Yen. Looking at commodities, gold prices were on the rise as WTI crude oil climbed back to the 2013 peak. Ukraine’s Foreign Minister Dmytro Kulabe, who also reported the attack, said that a fire had broken out at the facility, raising safety concerns. He also noted that firefighters were not able to reach the fire initially. Unconfirmed reports crossed the wires that fire brigades were soon able to access the power plant. President Joe Biden also spoke with Ukraine’s President Zelensky about the event unfolding. The details of the conversation were not available at the time of posting. This development followed a rather pessimistic session on Wall Street, where Fed Chair Jerome Powell noted that it was ‘too early to say if Russia changes the rate path’. The rate-sensitive tech sector underperformed the broader market ahead of February’s non-farm payrolls report, due out later today. In addition to the risk of further retaliatory measures from the West, volatility could remain elevated in markets as the weekend nears. Over an hour after the attack happened, the International Atomic Energy Agency (IAEA) noted that Ukraine reported no change in radiation levels at the plant. This caused markets to trim some of the initial ‘risk-off’ response. Market reaction to Russian shelling of Zaporizhzhia nuclear plant Source: TradingView Dow Jones technical analysis On the daily chart, Dow Jones futures continue to consolidate around the key 32902 – 33623 support zone. The index may also be trading within the boundaries of a Falling Wedge chart formation. A recent Hammer candlestick pattern did form, but follow-through has been lacking. Key resistance seems to be the ceiling of the wedge, where a bearish Death Cross may form between the 50- and 200-day Simple Moving Averages. Dow Jones futures daily chart Source: TradingView Euro technical analysis Looking at EUR/USD, the Euro could be vulnerable to extending losses after prices broke under a Bearish Rectangle chart formation. Immediate support is the 61.8% Fibonacci extension at 1.1048 followed by 78.6% at 1.0927. Beyond that are lows from April 2022, where the 1.0727 – 1.0793 support zone would likely come into play. To the upside, keep a close eye on the 100-day SMA, which may hold as resistance in the event of a turn higher. EUR/USD daily chart Source: TradingView This information has been prepared by DailyFX, the partner site of IG offering leading forex news and analysis. This information Advice given in this article is general in nature and is not intended to influence any person’s decisions about investing or financial products. The material on this page does not contain a record of IG’s trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Daniel Dubrovsky | Currency Analyst, DailyFX, San Francisco 04 March 2022

Asia-Pacific markets set for mixed trade to end a volatile week; surging commodity prices threaten global growth narratives and AUD/USD bulls drive higher after marking fresh 2022 high. Source: Bloomberg Forex Commodities Inflation AUD/USD Commodity market Stock market index Friday’s Asia-Pacific outlook Asia-Pacific markets may see a mixed day of trading to close out the week as markets continue to whipsaw. US stock indexes fell overnight, led lower by a 1.46% drop in the high-beta Nasdaq 100 index (NDX). The US Dollar DXY index rose to its highest level since June 01, 2020, as investors traded their stocks for cash and Treasuries. Chinese stocks may underperform across the Asian equity space after a US-listed Chinese technology ETF lost over 5% overnight, the biggest one-day percentage drop this year. China’s economic growth may be challenged if commodity prices continue to rise. Aluminum hit a fresh record high, and iron ore and copper prices saw strong buying. That boosted the commodity-linked Australian Dollar versus most of its major peers. AUD/USD rose to a new 2022 high and, EUR/AUD sank to levels not traded at since October 2017. The 10-year/2-Year Treasury curve, measured by the difference between the two rates, fell to 31 basis points overnight, the lowest since March 13, 2020. That flattening may signal a lack of faith in the Fed’s ability to temper inflation while preserving economic growth. The sanctions levied on Russia have led to a broad rise in commodities from metals to grains to energy products. However, WTI and Brent crude oil prices fell after hitting fresh highs early this morning on news that the US and Iran are in the final stage of restoring the 2015 nuclear deal. While issues remain, an agreement would bring much-needed barrels of Iranian oil into the market. Western sanctions have not targeted Russian oil, but many shippers are wary to take delivery. This morning, South Korea’s consumer price index (CPI)reported a 3.7% year-over-year rise for February, up from 3.6% y/y in January. Japan’s January unemployment rate rose to 2.8% from 2.7%. Australia will see a final update to January retail sales after the preliminary figure disappointed at -4.4%. Elsewhere, the Philippines and Thailand are set to release inflation data, and February PMI figures for India will drop. Hong Kong retail sales for January are also due out. Australian dollar technical forecast AUDUSD is moving higher after prices pierced above the 200-day Simple Moving Average (SMA) overnight while pushing into fresh yearly highs. The key moving average may provide support if bulls lose momentum. The October 2021 swing high would be the next major level if prices continue higher. That is near the 161.8% Fibonacci extension from the January swing high/low. The Relative Strength Index (RSI) is approaching the 70 overbought level, while the MACD oscillator points higher. AUD/USD daily chart Source: Trading View This information has been prepared by DailyFX, the partner site of IG offering leading forex news and analysis. This information Advice given in this article is general in nature and is not intended to influence any person’s decisions about investing or financial products. The material on this page does not contain a record of IG’s trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Thomas Westwater | Analyst, DailyFX, New York City 04 March 2022

Hi @Campollo007, You can open an additional CFD account with Euros as the base currency. The only conversion will be at the point of withdrawal unless you have a bank account in euros. Once your CFD account opened , email IG and they will change your base currency, for you to deposit funds in euros. All the best - Arvin

Hi @Alex111, Due to recent imposed sanctions, payments to Russian residents have to go through enhanced due diligence from our compliance team. Reach out to helpdesk.en@ig.com to follow up on your withdrawal request. It is possible that the payment team require a Bank Statement. All the best - Arvin

With war raging in the Ukraine, which stocks and sectors offer a safe harbour for investors? Source: Bloomberg Shares Price Stock ETF BAE Systems Inflation Last week when the Russians invaded the Ukraine, FTSE 100 investors took fright and the index fell by almost 4% in one day. The index fell by 3.9% to 7,207 in its worse day’s performance since the height of the Covid-19 pandemic in June 2020. Around £77bn of value was wiped off the index. Other markets followed suit, with the DAX down 3.9% and the CAC40 down 3.8%. However, the following day the markets rebounded and the FTSE 100 rose by 3.9%, boosted by a strong performance by banks and insurers. "The markets are telling us that the sanctions aren't particularly dramatic relative to what they could be," said Russ Mould, investment director at AJ Bell. "Some of it is people looking to buy on the dip and taking the alleged advice by financier Nathan Rothschild that you should buy on the sound of cannons and sell on the sound of trumpets." It might not seem logical but, typically, stock markets have actually performed well during wartime. Research by Mark Armbruster, the president of Armbruster Capital Management, into the period from 1926 to July 2013 found that stock market volatility actually fell during times of conflict. "Intuitively, one would expect the uncertainty of the geopolitical environment to spill over into the stock market,” he said. “However, that has not been the case, except during the Gulf War when volatility was roughly in line with the historical average.” When investors take fright and sell, this can also mean a buying opportunity for good quality stocks. Here are some sectors and stocks that may be a good investment during the current conflict in the Ukraine. Defence stocks can offer a safe haven An obvious sector to look at during wartime is the defence and aerospace industry. This is likely to benefit in general from positive market sentiment and the flight to value stocks, if not actual additional sales. Shares in BAE Systems and Airbus could be worth looking at. BAE shares remained relatively resilient during last week’s market sell-off, rising 5.7% after posting strong full-year profits. Sales rose 5% to £21.3bn in 2021, while underlying earnings before interest and taxation (EBIT) grew 13% to £2.2bn and free cash flow to £1.8bn (from £1.3bn last year). BAE is one of the top dividend payers in the FTSE100, with a dividend yield of 4% and has a strong order book of clients including the US military, British Navy and Saudi Arabia. Chief executive Charles Woodburn told investors at the results last week that the company’s “defence and security capabilities” remained “highly relevant in an uncertain global environment with complex threats”. While BAE won’t benefit directly from the Russian/Ukraine conflict, it boasts a strong order book. Similarly, European helicopter and aircraft supplier Airbus has reinstated its dividend and recently posted record income. Gold – investor flight to safety Gold usually performs well in times of uncertainty and conflict because it tends to hold its value while currencies fluctuate. The Russian rouble, for example, has plunged to an all-time low against the dollar – offering opportunities for currency traders. Investing in early stage gold mining stocks can be risky, however, and the larger mining companies are facing issues such as dealing with rising cost inflation. Buying an exchange traded fund (ETF), which track the price of a benchmarked index, such as the Gold Linked Exchange Traded Fund, could be a good low cost way to follow this theme. Energy stocks benefit from record prices Energy prices have hit record highs since the Russian’s invasion of the Ukraine began. Future European gas prices jumped 50% and oil prices hit a seven-year high of $113 a barrel on Wednesday. The energy sector is a tricky one to navigate as some companies, including Shell and BP, have major exposure to Russia. Both companies are currently trying to exit their businesses in Russia, with BP putting its Rosneft stake up for sale. It’s unclear what the financial hit will be and how long it will take to find a buyer. However, BP shares are up 5% today and oil and gas and energy companies should benefit from the hike in prices in general. Technology is the new safe haven Typically, in a wartime scenario it would make sense to recommend a consumer staple stock, such as a supermarket or food producer. However, all of these companies are currently battling with soaring input costs as inflation has hit a 30-year high. Instead, some professional investors think high quality telecom and technology stocks may be a better choice. Microsoft shares look like a good solid option in the technology space, down from their previous year highs of $340, at $296.17. Meanwhile, BT could be another opportunity in the telecoms space. Berenberg Bank recently increased its target price on BT shares from 200p to 225p. It argues that at the current price of 177.55p, the shares look undervalued as the company is in growth mode and should benefit from built-in inflationary hikes to customer contracts. News publishers - war means more clicks Publishers are dealing with rising wages and inflationary costs, but a major conflict means more news coverage, more reader interest and more clicks – as was particularly seen with news publishers during Donald Trump’s presidency. With Daily Mail and General Trust now taken private, it may be worth keeping an eye on Reach PLC shares. The former Trinity Mirror, owner of The Mirror and the Daily Express newspapers and websites, posted encouraging full-year results this week, with operating profits up 9%. It is slowing growing its digital revenues away from its dying print newspaper sales. The shares dipped after it warned that higher printing and energy costs would create a ‘modest’ drop in operating profits this year, but are worth looking at, at 157.6p. While it can be tempting to sell out and take profits during a major conflict, it can often be a mistake as markets bounce back. Price dips in good quality stocks can also offer a buying opportunity in the long run. Go short and long with spread bets, CFDs and share dealing on 16,000+ shares with the UK’s No.1 platform.* Learn more about trading shares with us, or open an account to get started today. * Best trading platform as awarded at the ADVFN International Financial Awards 2021 IG Analyst | Publication date: Friday 04 March 2022 04:01

BP shares have almost completely recovering from the FTSE 100 oil major’s Rosneft exit. And the soaring oil price could see it rise further. Source: Bloomberg Shares Commodities BP Rosneft Petroleum Russia On 8 February, BP (LON: BP) announced that its 2021 profits had soared to an eight-year high of $12.8 billion, sending BP shares up 4.5% to 417p three days later. But on 24 February, as Russia invaded Ukraine, an exposed BP’s share price fell to 365p, before recovering to 378p the next day. Then on Sunday, the company announced it was exiting its 19.75% shareholding in Russia’s state-backed Rosneft, the largest crude oil exporter in a country which accounts for 8% of global oil exports. BP shares sunk fell to 352p on Monday but recovered to 377p by 3pm yesterday. BP share price: Rosneft exit BP’s exit from Rosneft marks a substantial change. CEO Bernard Looney is stepping down from Rosneft’s board, as is former BP CEO Bob Dudley, who retained his seat through Russia’s 2014 annexation of Crimea. This move is a potent reminder of the new political reality. BP Chairman Helge Lund said ‘Russia’s attack…represents a fundamental change (and) our involvement with Rosneft, a state-owned enterprise, simply cannot continue.’ Looney added that the situation has caused him to ‘fundamentally rethink BP’s position,’ and that the decision is ‘not only the right thing to do, but are also in the long-term interests of BP.’ However, Rosneft countered that BP’s decision ‘destroys a successful 30-year co-operation,’ but it thanked the oil major for ‘decades of joint work.’ BP faces immediate financial repercussions. It expects a non-cash adjusting item charge in Q1 ‘representing the difference between the fair value of bp’s Rosneft shareholding at 31 March 2022 and the carrying value of the asset.’ At the end of 2021, this carrying value was $14 billion. The company will also shoulder an additional charge of $11 billion ‘principally arising from foreign exchange losses accumulated since 2013 that under IFRS were previously recorded directly in equity rather than the income statement.’ Brent Crude’s multi-year high BP’s exit from Rosneft had become a political inevitability. Its Chairman, Igor Sechin, is a close ally to Putin. And it supplies fuel to the Russian army, which is currently committing potential war crimes in Ukraine. UK Business Secretary Kwasi Kwarteng had previously summoned Looney to discuss the stake and afterwards tweeted ‘I welcome BP’s decision to exit its shareholding in Rosneft oil company. Russia's unprovoked invasion of Ukraine must be a wake-up call for British businesses with commercial interests in Putin's Russia.’ But the extent of the financial hit remains unclear. BP could write off the shareholding. It could be seized by state authorities. The preferred route will be to sell the shares but finding a buyer will be difficult. The potential backlash makes them a poisoned chalice for any major western buyer. One potential candidate is China’s National Petroleum Corporation, which agreed to buy 100 million tonnes of oil from Rosneft earlier this month. There’s also the Qatar Investment Authority, which already owns a 19% stake. But there are few buyers available amid intense pressure to sell. Citi analysts believe ‘it is not really clear whether there are any buyers for BP’s Russian stake: it may be a pathway that takes substantial time to unfold,’ while RBC Captial Market’s Biraj Borkhataria thinks ‘monetising the stake for fair value looked difficult even in more ‘normal’ times, and now, to us, it looks extremely challenging.’ Moreover, the value of Rosneft’s oil is falling. Energy Aspects calculates that 70% of Russian crude oil exports do not have a buyer. On Tuesday, Trafigura offered a cargo load of Russian crude oil at a record discount of $18.60 per barrel but couldn’t find a buyer who considered the risk of a western import or Russian export ban worthwhile. Meanwhile, Opec+ is still only adding 400,000 barrels to daily global oil production. When the International Energy Agency announced it would release 60 million barrels of emergency oil reserves, the news barely dented the upward price action. And Ben Cahill at the Centre for Strategic and International Studies believes ‘we are looking at a pretty serious run-up in prices. All this uncertainty about Russia, the potential threat of physical disruptions is making the markets nervous.’ BP is giving up $2.4 billion in Rosneft profits, and also its dividends, which amounted to $640 million last year. Moreover, about a third of BP’s oil production came from Russia in 2021, representing 1 million barrels a day. But the company is confident that the inflated oil price will allow it to retain its ambitious share buyback and dividend plans. And at $113 today, ETFS Brent Crude is 61% higher than its $70 a barrel 2021 average. If it continues to rise, BP shares could still generate higher profitability in 2022. Go short and long with spread bets, CFDs and share dealing on 16,000+ shares with the UK’s No.1 platform.* Learn more about trading shares with us, or open an account to get started today. * Best trading platform as awarded at the ADVFN International Financial Awards 2021 Charles Archer | Financial Writer, London 03 March 2022

Hi @zerocafeine, On ProScreener you should be able to see all exchanges that you have access to including lists and wachtlists. Could you please send a report from both versions? Our IT team will be able to investigate and come back to you accordingly. All the best - Arvin

Bitcoin rally pauses as the west takes aim at crypto in sanction talks; Australian trade balance update and Chinese PMI data in focus and BTC/USD bulls struggle to pierce the 61.8% Fib and 100-day SMA. Source: Bloomberg Forex Bitcoin Cryptocurrency BTC/USD United States dollar Russian ruble Thursday’s Asia-Pacific outlook Asia-Pacific markets may rise today after overnight trading in New York saw Wall Street investors shift back into equities and other risk assets, driving a 1.86% gain in the benchmark S&P 500 index. Traders ditched Treasuries and major sovereign debt instruments, pushing the benchmark US 10-year note’s yield more than 9% higher after hitting its lowest mark since January 05 just yesterday. WTI and Brent crude oil prices gained, moving into fresh multi-year highs. The US Dollar trimmed early strength and moved lower through the night, as reflected in the DXY index. Investors were encouraged by Federal Reserve Chair Jerome Powell’s comments early this morning before the House Financial Services Committee. Mr. Powell signaled that the Fed would initiate a 25 basis-point rate hike later this month, effectively ending market speculation about a possible 50 bps increase. The Fed chief acknowledged the uncertainty brought on by the conflict in Ukraine but appeared firm in holding the current course on tightening, going on to say that a larger hike later this year remains on the table. Today, Australia’s January balance of trade is expected to cross the wires at A$9.05 billion, according to a Bloomberg survey. That would be the first increase in Australia’s trade surplus since July 2021. A drop in iron ore prices and stronger import volumes have been a drag recently. A better-than-expected figure may boost the Australian Dollar. The Reserve Bank of Australia (RBA) held rates steady at 0.10% earlier this week. AUD/USD gained over 0.5% overnight despite the central bank's seemingly dovish rhetoric. Elsewhere, Hong Kong will see a purchasing managers’ index (PMI) report for February cross the wires. A PMI report from Jibun Bank is also expected to show a downtick in Japan’s services sector in February. China’s services sector will also see an update, with Caixin’s PMI report due out at 1:45 GMT. Analysts expect to see a small drop in activity from January, mostly due to the Olympic Games and lingering effects from the Lunar New Year holiday. Russia faces crypto-targeted sanctions amid increased bitcoin and Ethereum flows Bitcoin and other cryptocurrencies fell amid the shift in sentiment, reversing the typical risk-on correlation and dragging BTC/USD down from its highest levels traded since early February. Trading volumes for Bitcoin using Russian Rubles and Ukrainian Hryvnias surged following a series of Western sanctions aimed at Russian financial institutions, which effectively cut off the country’s access to global financial markets. Russian citizens, faced with few alternatives to holding cash, bought Bitcoin and Ethereum in a likely effort to protect their capital from the Ruble’s fall. Russian banks may be using crypto assets to sidestep the impact of sanctions, although the ability to do so at that scale would be exceedingly difficult. This morning’s weakness in BTC and ETH comes amid a Ruble rebound, with USD/RUB falling below 103 this morning after hitting a record high overnight. However, the reversal is likely temporary amid the threat of additional sanctions as Russian troops advance closer to Kyiv. The US, UK and EU are reportedly considering new sanctions that will specifically target digital assets to limit Moscow’s ability to transact in cryptos. US lawmakers pressed the Treasury about its ability to monitor these transactions. UK lawmakers asked the Financial Conduct Authority to issue updated guidance to crypto exchanges. Bitcoin technical forecast BTC/USD is trading below the 61.8% Fibonacci retracement level, which has proved a tough level for bulls in recent months. The falling 100-day Simple Moving Average (SMA) added a layer of confluent resistance, beating down an intraday rally. A break higher would bring the high-profile 50,000 level into focus. However, a reversal lower could drag prices back down to the 40,000 level or the 23.6% Fib at 37,469.62. BTC/USD Daily Chart Source: TradingView This information has been prepared by DailyFX, the partner site of IG offering leading forex news and analysis. This information Advice given in this article is general in nature and is not intended to influence any person’s decisions about investing or financial products. The material on this page does not contain a record of IG’s trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Thomas Westwater | Analyst, DailyFX, New York City 03 March 2022

Hi @Naoto, You can have a look into that link : https://www.ig.com/au/cryptocurrency-trading/what-is-cryptocurrency-trading-how-does-it-work All the best - Arvin

Hi @Squirrel, The only ways around the custody fee would be to trade 3+ times more during the quarter or if you invest GBP 15,000 in an IG Smart Portfolio account. If you hold no positions you will also be exempted. I hope that it helps. All the best -Arvin

Hi @BrianC, When you sell stocks there is a settlement period usually 2 to 3 days. Once settled your funds will reflect in the Available to withdraw balance. Meanwhile, IG will you trade with these funds that is why it shows in the available funds. You can finds furhter information on https://www.ig.com/au/help-and-support/deposits-and-withdrawals/withdrawals/how-long-does-it-take-to-withdraw-funds-if-i-have-sold-shares I hope that it helps. All the best - Arvin

Hi @TylerDurden2, CS.D.EURUSD.CFD.IP would be for CFD normal lots 100,000 CS.D.EURUSD.MINI.IP is for CFD mini lots 10,000 To find the EPIC you will need to go on the relevant market then click on open in new window : In the new window address you will find the EPIC: I hope that it helps ! All the best - Arvin

AUD/USD was powered by the surging iron ore price this week while the momentum for USD/JPY has waned. Source: Boomberg Forex AUD/USD USD/JPY Japanese yen Australian dollar Iron ore AUD/USD The commodity currency was in favour this week, fuelled by the powerful iron ore price's upward momentum. The iron ore price jumped by more than 5% on Tuesday, the third straight day of gain, over rising concerns that a prolonged military tension between Russia and Ukraine could further curb its global supply. As such, the iron ore Australian-related currency has been pushed towards the highest level of the year at around 0.7289 despite the unchanged interest rate decision from the RBA on Tuesday. From a technical point of view, the pair of AUD/USD has been skewed into the uprising tunnel since the end of January which could bring the 0.73 level back insight. Current support is found at 0.7261. Below that level, the conjunction that the 20, 50, and 100 days moving average meets around 0.7193 should act as massive support for the pair. However, if broken through, it will press the pause button for AUD/USD's bull. AUD/USD Daily Chart Source: IG USD/JPY Intensified battle on the land of Ukraine continued to weigh heavily on US and European equities with the US bond yields falling sharply as risk appetite shifted again following the deterioration of global risk sentiment. As a result, the curve steepened as 2-year government bond yields dropped from 1.45% to 1.34%, and the 10-year government bond yields sank from 1.86% to 1.68%, the lowest level since early January. Even though the greenback is expecting at least a 25bps rate hike for the next fortnight, the US dollar versus fellow havens JPY has moved sideways from the upward trend line, entering the consolidation phase. According to the daily chart, the pair is finding their support above the 100 days moving average for now and struggling to regain control over the level at 114.8. The previous trend line has turned up the pressure level for the pair to strike for which could release some selling pressure in the area of $115.86-$116. From a longer-term perspective, the momentum for the pair has waned but remains valid. The weekly candlestick stayed within the ascending moving trajectory and was supported by the 20-weekly MA. RSI is pointing south and is still glued to the 50 above the zone. USD/JPY Daily Chart Source: IG USD/JPY Weekly Chart Source: IG Take your position on over 13,000 local and international shares via CFDs or share trading – and trade it all seamlessly from the one account. Learn more about share CFDs or shares trading with us, or open an account to get started today. Hebe Chen | Market Analyst, Australia 02 March 2022

We look at three stocks that could climb as a result of the Ukraine-Russia war. Source: Bloomberg Indices Shares Petroleum Inflation Gold Russia Market wrap: ASX200 under pressure from Ukraine War; but some companies could see profits boosted by the conflict Global equities remain under pressure as Russia’s invasion of Ukraine weakens sentiment and threatens global economic activity. The situation remains dynamic. However, the heightened uncertainty from a potentially protracted war is keeping investors from buying into equities as the outlook for growth and inflation is assessed. On a macro-level, the conflict is clearly bad for the global economy and stocks. However, there are areas of the Australian economy and ASX that could see some benefit from the consequences of this war. Here we look at three stocks that could rise as the war continues. Top three ASX stocks to watch Here are 3 stocks that have caught our eye and may be worth watching in the week ahead. Woodside Petroleum (WPL) Northern Star Resources (NST) GrainCorp (GNC) Woodside Petroleum (WPL) Source: IG Energy prices are surging as fears that the war could disrupt production in Russia and lead to trade restrictions on Russian gas exports into Europe. Oil prices – for one – have hit fresh seven-year highs in recent days, placing a rocket under already flying energy stocks, with the price of Brent WTI both well above $US100 per barrel. Woodside Petroleum (WPL) hit fresh post-pandemic highs in recent days, powered too by some solid HY results in February, which itself was fuelled by tight global energy markets and improving demand as the global economy reopens following the pandemic. The trend for WPL shares remains skewed to the upside, with the next key level of technical resistance at around $31.50 per share. Support looks to be around $27.60. Northern Star Resources (NST) Source: IG Sanctions on Russia’s financial institutions is sparking a flight to alternative stores of value, while diminished gold production threatens to choke off supply of the metal to global markets. The value of gold has exceeded $US1970 at stages during the war (so far), which when accounting for a relatively weaker Australian Dollar in the past 18 months, is pushing the XAUAUD above $A2600 and around levels not seen since August 2020. Northern Star Resources (NST) shares are reflecting some of this move – although it does remain below the price it was trading at when the XAUAUD was at that level. Right now, NST is challenging trendline resistance, which if broken could drive a push towards resistance at $11.00. Support sits at around $10.00. GrainCorp (GNC) Source: IG Food insecurity and surging prices for agricultural commodities is a major risk from this war, with both Russia and Ukraine as major producers and exporters of grains. Wheat, for example, has hit a seven-year high in recent days. Food inflation could be a feature of the global economy in the short term with agricultural companies’ bottom lines set to benefit from the increase in prices. GrainCorp Ltd (GNC) could be one that sees such benefits. Its share price has been on an upward trend since the start of the pandemic. But the momentum behind that trend has increased as fears of food inflation has increased. GNC shares are currently testing resistance at $8.60, which if broken may open a run towards $9.00 per share. Support on the downside is around $7.60. Take your position on over 13,000 local and international shares via CFDs or share trading – and trade it all seamlessly from the one account. Learn more about share CFDs or shares trading with us, or open an account to get started today. Kyle Rodda | Market Analyst, Australia 02 March 2022