Economic sentiment in Cyprus deteriorated slightly in January, as the Economic Sentiment Indicator decreased by 0.6 points month-on-month to 108.2. However, it was up 3.1 points year-on-year. The University of Cyprus Economics
The European Central Bank’s decision to cut its benchmark interest rate to 2.75% underscores the persistent economic stagnation gripping the Eurozone, warns deVere Group, one of the world’s leading independent financial advisory and
Major currency pairs trade in narrow ranges early Friday, following some volatility seen on Thursday, after gold gathered bullish momentum and rose more than 1% on Thursday. XAUUSD continued to stretch higher
Real GDP growth in Cyprus is estimated to have accelerated from 2.6% in 2023 to 3.7% in 2024, according to a University of Cyprus report. Growth is projected to moderate to 3.3%
The Federal Open Market Committee maintained its policy rate in the target range of 4.25-4.5% on Wednesday, a move predicted last year by Nigel Green, CEO of leading independent financial advisory deVere Group.
EURUSD trades cautiously around 1.0420 in Thursday’s European session as investors focus on the European Central Bank’s monetary policy decision later in the day, following the Fed’s decision on Wednesday to keep
Some 4,500 people have applied in Cyprus for the new electronic identification card (eID) just two days after its launch, with the government offering an incentive to the first 100,000 applicants. The
EURUSD slides to near 1.0400 in Wednesday’s North American session, with investors focusing on the Federal Reserve monetary policy announcement at 19:00 GMT. The Fed is widely anticipated to keep interest rates steady in
US energy major ExxonMobil last week spudded the Elektra wildcat well on Cyprus’ deepwater Block 5, the Middle East Economic Survey reported. A wildcat is a small-diameter well drilled in a new area
The Pound Sterling extended its losses against the greenback on Tuesday as US President Donald Trump threatened to impose tariffs on computer chips and other industries. Risk aversion extended for the second
