Βy Jameel Ahmad, Chief Market Analyst at FXTM Global stocks have opened trading on Thursday pointing higher, following the US Federal Reserve performing in-line with expectations during last night’s FOMC Minutes release,
By Jameel Ahmad, Chief Market Analyst at FXTM The EURUSD just recorded yet another nine-year low at 1.1823 following additional blows to the EU economic sentiment after further poor data out of
By Jameel Ahmad, Chief Market Analyst at FXTM After making its second attempt in as many days to re-enter 1.20, the euro bears found themselves dragging the EURUSD back down to 1.18
* Syriza rules out ‘Grexit’ option The German government wants Greece to stay in the eurozone and there are no contingency plans to the contrary, Vice Chancellor Sigmar Gabriel said in an
As the year drew to a close, German companies were planning to recruit more staff. The Ifo Employment Barometer rose to 106.7 index points in December from 105.4 points in November. Service
The political and economic situation in Cyprus is “more stable” than that in Greece, Finance Minister Haris Georghiades said, adding that the authorities are not concerned about an fall-out from the elections
The European Investment Bank (EIB) will provide EUR 80 mln to finance electricity production on 18 Greek islands in the North and East Aegean, Dodecanese, Cyclades, and the Diapontia island complex. EIB
Emirates, the world’s largest international airline, will round off 2014 as the airline with the world’s largest wide-body passenger fleet of 218 aircraft, in addition to 14 freighters. Following two consecutive years
* SAP sees double growth rates in emerging markets * With the IT cloud services segment in the emerging markets expected to grow at nearly double the rate of the developed economies
Political turbulence and fragile external finances are weighing on Ukraine's (Caa3 negative) economic prospects and will hinder its ability to cover its upcoming debt maturities in the coming years, Moody's Investors Service
