fm, Author at Financial Mirror

ICS e-learning Academy to have positive impact on shipping and crews

The International Chamber of Shipping (ICS), the trade body representing the world’s national shipowner associations, launched its e-learning Academy, which shipowners say will have “positive impact on crews and shipping companies worldwide.”

3rd October 2024

Cyprus/Maritime/World

Iran-Israel escalation is shaking markets

Markets are on edge as they asses the sudden escalation in Middle East tensions, but investors are being urged to remain calm, stay invested, and ensure their portfolios are diversified. Iran’s missile

2nd October 2024

Markets/World

Markets focus on geopolitical tensions and oil supply

By Naeem Aslam Wednesday is not your typical ADP morning, which usually drives the price action. In fact, US and European stock futures are very much looking at a scenario under which

2nd October 2024

Energy/Markets/World

Euro declines on inflation miss, strong US jobs, safe-haven flows

The EURUSD currency pair is under pressure, trading in the 1.1060s on Wednesday, after the pair fell from 1.1135 on Tuesday, in a sell-off that amounted to a 0.60% one-day decline. Lower-than-expected

2nd October 2024

Markets/World

Markets react to Fed comments, important data ahead

By Naeem Aslam European and US markets traded a bit mixed Tuesday due to conflicted emotions following the Federal Reserve Chairman’s failure to meet market expectations on Monday night. But smart money

1st October 2024

Markets/World

Building permits skyrocket in June

The number of building permits issued in June jumped to a post-Covid high of 1,528, triple the monthly average of the past five years, due to growing demand for residential units, as

30th September 2024

Cyprus/Economy/Property

Silver loses traction ahead of Powell speech

Silver is attracting some sellers to near $31.55 during the Asian session on Monday, with the improved risk sentiment in markets triggering some profit-taking in XAGUSD. Traders will keep an eye on

30th September 2024

Markets/World

Europe, US futures trade higher, gold continues bull run

By Naeem Aslam US and European stock futures are trading higher due to positive sentiment from Asia, with stock indices on track to record solid gains for another month. However, as October

30th September 2024

Markets/World

CI upgrades Cyprus sovereign, outlook remains ‘positive’

Capital Intelligence has upgraded the sovereign ratings for Cyprus based on improving public finances, persistent budget surpluses and a rapid decline in general government debt. CI Ratings said it has upgraded the

30th September 2024

Cyprus/Economy

GBP finds support despite lower UK GDP

EURGBP is retracing its recent gains from the previous session, trading around 0.8340 during the Asian hours on Monday. The currency cross remains tepid following the release of the gross domestic product

30th September 2024

Markets/World