Omicron selloff looks overstretched

By Hussein Sayed, Chief Market Strategist at Exinity Group Last Friday could be regarded as 2021’s worst day in financial markets. Risk-off sent stocks, oil prices, commodity currencies and Treasury yields sharply

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Police fear for missing Russian women

Cyprus police are treating the disappearance of two Russian women, 33 and 43, as suspicious, while a Syrian suspect is in custody. Investigators said the Syrian suspect had access to a holiday

COVID19: Cyprus on alert for Omicron variant

Cyprus authorities are on alert for the new COVID-19 Omicron variant, assuring the public that the situation is being monitored with no cases being found yet. Health Minister Michalis Hadjipantelas, and the

COVID19: Two deaths, fewer cases and patients

Cyprus reported two coronavirus deaths on Sunday, bringing the total to nine this month, as new daily cases dropped from a four-month high back down to 337, while patient hospitalisations decreased to

Fighting corruption takes courage

Justice Minister Stephie Drakou was in parliament this week, where she told MPs the new framework for an independent anti-corruption agency would be in place at the beginning of 2022. Naturally, MPs

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COVID19: Cases exceed 500, one death

Cyprus reported one more coronavirus death on Saturday, the seventh this month, as new daily cases spiked to 535, while patient hospitalisations increased to 118. Saturday’s cases were the highest daily tally

Lack of Nat gas good for consumers

Despite Cypriot consumers paying a high price for the delays in the arrival of natural gas, a jump in the market price has played out in Cyprus’ favour. The island is one