By Hussein Sayed, Chief Market Strategist, FXTM After posting the biggest quarterly declines since 2010, many investors are questioning whether the dollar will finally attract some bulls. Although last week was quite with regards to the economic data releases, central bankers rattled global financial markets. Governors of the European Central Bank, the Bank of
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By Lukman Otunuga, Research Analyst at FXTM The well-orchestrated hawkish remarks by a chorus of central bank heavyweights this week have punished global stocks with speculation mounting over whether the era of cheap money is soon coming to an end. Asian shares concluded mostly lower on Friday, despite China’s Manufacturing PMI exceeding original estimates, while
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. 15 MSc students faced with ‘real life’ modern marketing challenges By Olga Kandinskaia Recent trends in education, and business education in particular, emphasise the importance of “learning by doing”. As Benjamin Franklin famously wrote: “Tell me and I forget, teach me and I may remember, involve me and I learn.” Leading business schools
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Improvement in all sectors – up in Europe and America Shipping confidence reached its equal highest rating in the past three years in the quarter to end-May, according to the latest Shipping Confidence Survey from Moore Stephens. The average confidence level expressed by respondents to the survey was up to 6.1 out of 10.0
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The Cyprus Chamber of Shipping, the umbrella organisation for the entire maritime sector of shipowners, managers and services, has hailed the unanimous decision by MPs to forward for a vote the legislation that will define three new branches of the executive – shipping, tourism and development. The three State Secretariats will operate independently of
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. With presidential elections just over six months away, and the public attention focused on the resumption of talks at the Cyprus Conference this week, trade unions are back with their old tricks, demanding pay rises, this time from two leading banks. Union bosses have not yet realised that banks, having gradually recovered from
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. By Theodosis Mourouzis Initial Coin Offering, or commonly known as ICO, is a form of crowdfunding or fund-raising activity based either on established cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) or fiat currencies. Startups that are incorporating coins/tokens into their product’s design, are using ICO as a route for capital raising since
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. By Antonis Loizou F.R.I.C.S. – Antonis Loizou & Associates Ltd – Real Estate Valuers & Estate Agents In Greece, it is normal in the case of a rather large scale development project to either offer for free or very cheap a unit, e.g. house, to a celebrity, in order to attract as an addition
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Construction, consumer confidence are negative drivers The economic sentiment in Cyprus deteriorated slightly in June, according to the University of Cyprus monthly Economic Sentiment Indicator (ESI-CypERC) that declined by 0.8 points from May. The UCy Economics Research Centre (CypERC) said the drop was a result of weaker confidence in the construction sector and among consumers.
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The Israeli-owned oil and gas exploration company Cyprus Opportunity has entered the U.S. oil drilling and production having announced the purchase of ten oil wells in North Dakota. The company intends to perform two development drillings this year and two more next year, when the cash flow from oil sales is expected to begin.
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