By Lukman Otunuga, Research Analyst, FXTM The Euro/Dollar swung erratically on Thursday following Mario’s Draghi’s dovish remarks on Eurozone growth that left investors pondering the likelihood of further central bank interventions in
A study is underway to prepare a new long-term national strategy for tourism, President Nicos Anastasiades said on Tuesday, noting that the number of tourists in the first quarter of 2016 increased
The Bank of Cyprus has reduced the Emergency Liquidity Assistance (ELA) it inherited from now-bankrupt Laiki by a further 100 mln euros in March to EUR 3.3 bln. According to Central
By Lukman Otunuga, Research Analyst, FXTM Stock markets were offered a welcome boost on Tuesday following the sharp appreciation in oil prices that temporarily elevated confidence towards the global economy, consequently heightening
After last month’s hilarious hijack of an Egyptair flight that was diverted from Alexandria to Larnaca, the biggest airplane in the world, the Airbus A380 operated by Emirates, also made an unexpected
The old Larnaca airport, that was supposed to be undertaken by Chinese investors who backed out of the plan several years ago, now has three new foreign bidders who will decide how
. Two weeks ago, Transport Minister Marios Demetriades spoke about the need for the Cyprus flag and the island’s shipping sector to “evolve” and recover its past glory as a maritime leader.
. By Oren Laurent President, Banc De Binary Crude oil has been plagued by extreme levels of volatility this year. Crude oil prices have endured a roller coaster ride since 2015, reaching
Growth in 2016 is expected to strengthen, as real GDP is forecasted to expand by 2.4%, according to the April economic outlook issued by the Economics Research Centre of the University of
By Lukman Otunuga, Research Analyst, FXTM An undeniable feeling of disappointed engulfed the global markets during trading on Monday following the unsuccessful Doha meeting on Sunday which erased any remaining credibility OPEC
