Economic sentiment in Cyprus improved slightly in February, as the benchmark Economic Sentiment Indicator (ESI-CypERC) increased by 0.8 points to 109 compared to January’s 108.2 and 108.8 in December. The increase in
The EURUSD currency pair trades cautiously above the key support of 1.0450 on Tuesday as investors await the outcome of the victorious Frederich Merz-led-conservatives’ negotiations with other parties to form a coalition
Markets and investors have responded decisively to Germany’s election result, with the euro strengthening, stocks climbing, and expectations rising for economic reform and fiscal stimulus under Friedrich Merz’s leadership. This is the
Silver edged higher after registering gains in the previous session, trading around $32.60 in Monday’s European session. XAGUSD attracts buyers as the dollar weakens following the downbeat US economic data including Jobless
The EURJPY cross rebounds to near 157.10, snapping the three-day losing streak during the early European session on Monday. The Euro gathers strength as Germany’s conservatives won its election as expected. Traders brace
A conservative win in Germany’s federal election on Sunday could trigger an explosive rally in the country’s stock market, particularly in small and mid-cap companies, with the potential to fuel a broader
The EURUSD currency pair is seen sliding to near 1.0470 in Friday’s European session, showing signs of weakness after the release of the Hamburg Commercial Bank’s preliminary purchasing managers index for February for the Eurozone
The action in financial markets is quiet on Friday as investors await preliminary February manufacturing and services Purchasing Managers’ Index (PMI) data from Germany, the Eurozone, the UK and the US. Later
The Federal Reserve appears to be making its position clear: interest rate cuts are not imminent, warned the CEO of one of a eading financial advisory and asset manager. The deVere Group’s Nigel
EURUSD rose to near 1.0440 as the US dollar declined in Thursday’s European session, with the DXY Dollar Index, which tracks the greenback’s value against six major currencies, falling to near 106.90. The dollar
