Moody’s has lowered its crude oil price assumptions and expects that Brent will average $35 per barrel this year and $45/barrel in 2021, or $8/barrel below the rating agency’s March 2020 assumptions,
Cyprus and Armenia UN Permanent Representatives have urged UN chief Antonio Guterres to hold a secret ballot for Turkey’s Volkan Bozkir as President of the General Assembly at its 75th session. A
Following Turkey’s tension-raising activity in the East Med where it challenges the sovereignty of Cyprus and Greece, foreign ministers will meet to discuss EU-Ankara relations. The issue of EU-Turkey relations will be
Bitcoin – already one of the year’s best-performing assets – is likely to “soar in value” this year with central banks’ money printing agendas and a spike in public interest, according to
Greece and Italy signed an agreement on defining their maritime boundaries during a visit by Italy’s foreign minister to Athens on Tuesday. The deal follows months of tensions in the Eastern Mediterranean
By Hussein Sayed, Chief Market Strategist at FXTM Investor sentiment kicked off the week on a positive note, with equities in Asia resuming last week’s rally, the US dollar remaining soft against
By Panos Danos The knock-on effects of the coronavirus – widespread panic, quarantine, falling oil prices, and weakening oil-dependent currencies like the Russian ruble – are hitting the real estate market hard. The
By Han Tan, Market Analyst at FXTM The Dollar index (DXY) has broken below the 97 psychological level for the first time since March and is set to wrap up three consecutive
Cyprus President Nicos Anastasiades will visit Israel on June 23 to promote joint defence, tourism ties and discuss Turkey’s tension-raising activities in the region. Government spokesman Kyriacos Koushos told the Cyprus News
By Hussein Sayed, Chief Market Strategist at FXTM The rally in stocks led by the US has returned some indices close to their record highs reached before the Covid-19 outbreak. The Nasdaq
