Sales of new cars have slowed on the island and the European Union, as the industry is having trouble delivering to customers due to supply chain shocks. Buyers are unwilling to place
By Jeffrey Halley Volatility was the winner overnight, with a multitude of data points and events leaving market price action messier than a teenager’s bedroom. The European Central Bank surprised markets by
By Craig Erlam A plethora of central bank meetings and the maintenance completion of Nord Stream 1 have guaranteed another frantic session in financial markets on Thursday. The resumption of gas flows
The European Central Bank (ECB) increased interest rates by more than expected on Thursday, raising its benchmark deposit rate by 50 basis points to zero percent, impacting the Cyprus banking system and
By Jeffrey Halley Thursday is shaping up to be a frisky day for financial markets, but nothing was more important than the 6am news in Berlin that the official Nord Stream 1
Defence ministers of the US and Greece said their common goal is to protect international order against illegal behaviour and the violation of the rules in the Aegean. Greek Minister of National
By Jeffrey Halley The bear market rally looks well and truly back on track, thanks to one of the stranger things I have seen in 2022; Netflix losing only 1 million subscribers
By Craig Erlam Stock markets are understandably choppy so far this week, as Europe posts small gains with Italy being the outlier on Tuesday, up more than 1%. It’s shaping to be
Bitcoin investors and traders were cheerful Tuesday as the prominent cryptocurrency maintained its price near $22,000 for the first time since June. The Bitcoin price has settled above the $21,500 resistance zone,
By Lukman Otunuga, Senior Research Analyst at FXTM A sense of caution has taken hold of financial markets as investors adopt a guarded stance ahead of another week packed with key economic
