Moody’s Investors Service increased its medium-term oil price range to $50-70/barrel to reflect the rating agency’s expectation that the full cost of production of a marginal barrel of oil will keep increasing
Βy Han Tan, Chief Market Analyst at Exinity Group Equities are on a slippery slope as markets hold fast to expectations that the Federal Reserve’s tapering should commence next month. Asian and
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were in the red on Tuesday following a broad selloff on Wall Street overnight, as surging oil prices stoked concerns about global
Cyprus President Nicos Anastasiades denies any knowledge of his former law firm’s alleged involvement in hiding assets of a controversial Russian billionaire, as revealed in a joint project conducted by international media.
Bitcoin could hit fresh all-time highs of $100,000 by the end of 2021 due to five key important factors driving momentum, according to the chief executive of leading financial advisory and fintech
The unemployment rate in Cyprus dropped to 4.4% of the labour force in August, from 5.2% in July, with the Finance Ministry confident that the trend will continue. This correspond to 20,000
Gulf Air commenced a twice weekly commercial air service between Bahrain and Tel Aviv’s Ben Gurion Airport on Thursday, a further step in the normalisation of diplomatic and economic ties with the
By Lukman Otunuga, Senior Research Analyst at FXTM Asian stocks were mixed on Thursday as investors evaluated the likely impact of surging energy prices and weak economic data from China. Despite the
The decentralised finance market, or DeFi, enjoyed an impressive growth between January and May this year, then plunged by 35% in just a few weeks and recovered again, reaching new record highs.
By Han Tan, Chief Market Analyst at Exinity Group Markets appear to be sobering up to the looming prospects of the Federal Reserve’s tapering as the market reassesses the Fed tightening cycle.
