Markets gripped by Omicron menace

By Lukman Otunuga, Senior Research Analyst at FXTM A wave of risk aversion upset European markets on Tuesday as concerns over the effectiveness of existing Covid-19 vaccines against the Omicron virus left

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China, Cyprus elevate relations

Cyprus and China issued a joint statement on the 50th anniversary of establishing diplomatic relations as the two countries agreed to elevate bilateral ties to a Strategic Partnership. Upgrading ties could see

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Pope says Med is migrant graveyard

Pope Francis denounced the Mediterranean Sea as a graveyard for migrants shortly before embarking on his trip to Cyprus and Greece, where he will give a message of support for refugees. “I

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Omicron selloff looks overstretched

By Hussein Sayed, Chief Market Strategist at Exinity Group Last Friday could be regarded as 2021’s worst day in financial markets. Risk-off sent stocks, oil prices, commodity currencies and Treasury yields sharply

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