Company Interview / "Nvidia is probably one of the last major event risks of the year..."

Kyle Rodda from Capital.com shares his insights on the current market dynamics amid US-Russia-Ukraine tensions. He highlights the recent market trend of shifting to safe-haven assets such as gold, the US dollar, and Bitcoin. This is driven by concerns over potential geopolitical conflicts, which could escalate, involving nuclear threats. Also, the results from Nvidia's earnings call didn't meet the high expectations, resulting in additional downward pressure in the Asian market.

Kyle comments on the resilience of markets despite prolonged global conflicts. Yet, he warns about the risks of a broader conflict, especially with increased tension from potential Western involvement. The introduction of US long-range missiles to Ukraine is seen as a meaningful escalation that could impact market stability.

In terms of cryptocurrencies, Kyle notes the rise of Bitcoin, likely influenced by future regulatory changes under the Trump administration. He observes that Bitcoin is acting as a geopolitical risk hedge, alongside traditional assets. The broader market focus is now on the Federal Reserve's upcoming decisions in December, which may affect market movements significantly.