By Hussein Sayed, Chief Market Strategist at FXTM Sterling slipped below 1.30 for the first time since July 12 following comments from BoE’s Ian McCafferty that more easing is likely to be
South Africa’s local election results, whereby the ruling African National Congress was upset in key areas by the newcomer Democratic Alliance, including the capital Pretoria, is expected to have a direct impact
By Lukman Otunuga, Research Analyst, FXTM Investor sentiment was elevated during trading last week following the blockbuster non-farm payroll report of 255,000 which rekindled expectations over the Federal Reserve raising US rates
The Consumer Price Index for July increased by 0.19 units to 98.71 from 98.52 units in June. When compared to July 2015, CPI is reduced by 0.2%, while for the period between
Moody’s Investors Service has lowered its outlook on the Norwegian banking system to ‘negative’ from ‘stable’ on expectation of a softening operating environment, stemming from reducing oil investments and persistently low oil
By Jameel Ahmad, FXTM VP of Market Research Another round of sudden selling has been installed into the British Pound after the Bank of England (BoE) took the decision on Thursday to
RCB Bank Ltd is announced that it has successfully completed the stress test carried out directly by the European Central Bank, which was subject to the European Banking Authority (EBA) methodology.
The Finance Ministry’s Public Debt Management Office said that it raised EUR 52.5 mln from the monthly sale of retail bonds, making the initial offer of EUR 10 mln five times oversubscribed.
The Arbitral Tribunal at the International Chamber of Commerce (ICC) in Paris has ordered the Cyprus government to grant the shareholders and directors of FBME Bank access to the lenders premises on
Mortgage rates in June dropped to their lowest level since 2007, according to the Central Bank of Cyprus. The interest rate on mortgages fell to 2.99%, from 3.09% in the previous month.
