Economic sentiment in Cyprus improved mildly in April after two months of deterioration, as the University of Cyprus Economic Sentiment Indicator (ESI-CypERC) increased by 0.8 points compared with March. Having risen to
The GBPUSD pair is holding positive ground near 1.2520 in early trading in Asia on Monday. The uptick of the major pair is supported by the softer US Dollar below the 106.00 psychological mark. Investors will
€182 mln takeover to boost life and general market share to 30% and 23% Hellenic Bank is set to dominate the insurance market after announcing a landmark takeover of the local
Cypriots are pessimistic about the future, stalemate in solution talks, the economy and geopolitical crises, while they maintain their trust in European institutions and the single currency, according to an elections survey
Real activity growth in Cyprus is expected to continue this year at a similar pace as in 2023 and to gather momentum in 2025, according to a quarterly survey published by the
The Japanese Yen remains under bearish pressure and was trading on Friday at its weakest level in over three decades against the US Dollar following the Bank of Japan’s decision to leave
The benchmark US crude oil Western Texas Intermediate (WTI) is trading higher around $83.60 on Friday as the market weighed the weaker-than-expected US economic growth data against a potential geopolitical risk from a looming
Bitcoin will hit fresh all-time highs in the coming months – despite a recent sell-off in price, following the news of escalating military and diplomatic tensions between Israel and Iran, the chief
Bank of Cyprus said it has successfully issued its first green bond, more than four times oversubscribed, raising €300 mln to fund renewable energy projects, as well as climate-friendly buildings and transport.
The US Dollar is under modest selling pressure as investors gear up for key data releases. The US Bureau of Economic Analysis will publish the first estimate of the annualised gross domestic
