The devastating wildfire that broke out in Limassol district on Wednesday before being put out late on Thursday is estimated to have burned approximately 125 sq.km., according to satellite-based analysis by a
The EURGBP cross remains firm around 0.8705 during early European trading on Friday, as the Pound Sterling weakens against the Euro after the weaker-than-expected UK economic data. The IFO business sentiment index report from Germany will also be released
Firefighters seem to have brought the raging flames in Cyprus under control late Thursday, after several wildfires burnt more than 120 sq km of forest and farmland, threatening several villages. Two people
UK government borrowing came in higher than forecast in June, a setback for Chancellor of the Exchequer Rachel Reeves that has markets jittery and households bracing for tax hikes, according to leading
The EURUSD pair is trading lower on Wednesday, giving away some gains following a 1.3% rally over the last three days. Investor concerns focus on the lack of progress in trade negotiations
West Texas Intermediate extended its losses for the third successive session, trading around $65.50 in the European session on Tuesday, as ongoing trade tensions boost fears about the demand outlook. Traders adopt
The EURUSD pair is trading with minor losses on Tuesday, consolidating most of the gains of the previous two trading days, as investors await news about the trade negotiations between the European
Silver edged lower to near $38.80 in early European trading on Tuesday, yet, XAGUSD is close to its decades-high around $39.00. The outlook for the white metal remains bullish on upbeat demand
BlackRock significantly ramped up its digital asset exposure in the first half of 2025, adding nearly $24 bln to its crypto portfolio, according to Finbold’s H1 2025 Cryptocurrency Market Report. The asset manager’s
Investors are adopting a cautious stance mid-week while navigating through the latest headlines surrounding the US trade policy. Later in the American session, the Federal Reserve will publish the minutes of the
