By Lukman Otunuga, Research Analyst at FXTM The series of pending elections in Europe, ongoing Brexit developments and heightened Trump uncertainties should ensure that political risk remains a recurrent market theme for the first quarter of 2017. Global stocks have been subdued amid the rising market jitters with Asian shares trading mostly mixed on Thursday.
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* Berlin office market registers record result * Many B, C and D cities in Germany are now more attractive for investors than the Big Seven of Berlin, Düsseldorf, Frankfurt, Hamburg, Cologne, Munich and Stuttgart, according to a report in Handelsblatt. A study by the real estate agency Engel & Völkers analysed real estate
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By Jameel Ahmad, VP of Market Research at FXTM So it is time to attack the Dollar? That was the name of the game on Tuesday after the Dollar went on a wild tumble following comments from Peter Navarro, the head of President Trump’s National Trade Council that Germany was using a “grossly undervalued” euro
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Maravilhosa is organising the second Shipping Panel Discussion, in order to discuss the need to further educate and develop our human capital in Cyprus and take advantage of the different opportunities arising in shipping, to develop and expand the Cyprus shipping base. Five high profile local and international panellists will share their experiences and
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. By Antonis Loizou F.R.I.C.S. – Antonis Loizou & Associates Ltd – Real Estate & Project Managers The investment-for-citizenship and residency schemes are undoubtedly the best thing that could have happened for our economy, in particular for the construction sector. Probably this scheme alone has helped revive the economy, followed by an increase in tourist
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. By Dr Andrestinos N. Papadopoulos, a.h. On April 21, 2004, it was a Russian veto in the UN Security Council which prevented the adoption of the Anglo-American draft resolution on Cyprus, which its drafters wanted to pass at all costs before the separate referendums in Cyprus. Artificial haste then, artificial haste now, as is
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. This week marks a milestone, indeed, in the government “not so” privatisation programme, as Limassol port finally passed into the hands of more aptly equipped operators, Dubai’s DP World. Although this had been a setback in the Anastasiades administration’s initial plan to sell off some EUR 1.4 bln worth state-owned operations and assets,
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Espen Barth Eide, the UN Secretary General’s Special Advisor for Cyprus, said that Wednesday’s meeting between the two community leaders will be “crucial” as they will have to agree on the next steps ahead. President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci met on January 26 and decided to hold a new meeting
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The government of Cyprus raised EUR 100 mln in a treasury bills auction on Monday the Public Debt Management Office of the Ministry of Finance announced. The auction was three times oversubscribed. “During today’s 13-week Treasury bills auction, tenders for a total amount of EUR 324 mln were submitted, out of which, EUR 100 mln
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By Jameel Ahmad, VP of Market Research at FXTM After last week’s record highs on the Dow Jones, NASDAQ and S&P 500, with this positivity having a similar impact on Asian and European markets, there is an air of caution throughout the financial markets as the new trading week gets underway. The reason for
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