CYPRUS: Biden visits Anastasiades in hospital

US Vice President Joe Biden visited President Nicos Anastasiades in hospital on Wednesday, the Cypriot leader’s first meeting ever since he underwent a mitral valve corrective surgery at New York’s Mt Sinai

FOREX: Oil markets crash – again

By Jameel Ahmad, Chief Market Analyst at FXTM In comparison with Tuesday’s frantic profit-taking, the financial markets were calmer on Wednesday. That was of course until OPEC unexpectedly announced it sees less

Asset allocation in the era of cheap oil

. Marcuard's Market update by GaveKal Dragonomics We’ve read plenty of bullish statements recently saying that the decline in oil prices amounts to a massive tax cut; “a phenomenon that’s making everybody