By Hussein Sayed, Chief Market Strategist at FXTM Equity markets are showing some signs of stabilisation following two brutal days late last week which dragged the S&P 500 and the tech-heavy Nasdaq
The profitability of asset managers in most Gulf Cooperation Council (GCC) countries will face moderate to high pressure over the next 12-18 months, reflecting the coronavirus crisis and an accompanying drop in
Seeking validation as a useful ally to Washington comes with strings attached in a volatile region where Turkey is ready to pounce and Russia is like a bear with a sore head.
Cypriot President Nicos Anastasiades denounced Turkey’s “aggressiveness” and urged talks to resolve a row over maritime borders and gas drilling rights, warning spiralling Mediterranean tensions risked destabilising the region. Tensions are running
Cyprus on Friday sent its third and largest shipment of humanitarian aid to Lebanon – after the deadly blast that decimated Beirut port in early August. A total of 20 containers with
By Han Tan, Market Analyst at FXTM US equities are set to fall further on Friday with futures now in the red, being led once more by tech stocks. The Nasdaq Composite
Russia is shocked by US claims about its destabilising role in the region, arguing Washington seeks to harm close relations between Moscow and Nicosia, said Russian ambassador Stanislav Osadchiy. In a comment
Every EU effort is focused on de-escalation and dialogue to avoid military conflict between Greece and Turkey in the Eastern Mediterranean over energy and maritime rights, said Commission spokesman Peter Stano. Stano
The security relationship between the U.S. and Cyprus continues to grow and Washington sees Cyprus as a “key partner” in the eastern Mediterranean, the American ambassador said on Wednesday, following a partial
Friends of Cyprus in the US Congress, Greek and Jewish American organizations welcomed the decision of US Secretary of State Mike Pompeo to waive restrictions allowing the export of non-lethal defence articles
