Moody’s Investors Service has revised its Global Macro Outlook and its baseline growth forecasts for all G20 economies. The coronavirus outbreak has spread rapidly outside China to a number of major economies.
By Ivanka Pittelkau As the coronavirus is spreading across the world, its consequences on the economy are turning investors to safe-haven assets. What started in January as a local issue in Wuhan, China
Companies from Germany and Spain are interested to bid for the Cyprus-Greece ferry link that will be reinstated after 20 years, but the outcome depends on EU competition approval, the junior minister
By Lukman Otunuga, Senior Research Analyst at FXTM Explosive levels of market volatility are becoming the new normal, as conflicting themes force the sentiment pendulum to swing between extremes. This phenomenon has
While the government is adamant on keeping four crossing points closed as part of its measures against novel Coronavirus, UNFICYP has expressed concern over “the ongoing disruption caused to people on both
A fresh era of negative interest rates is looming and investors are now seeking to top-up their portfolios with equities, according to the CEO of one of the world’s largest independent financial
EU ministers unanimously approved a six-point plan to help Greece respond to migratory pressure on its borders with Turkey while expressing full solidarity with Cyprus and Bulgaria “which may be similarly affected”.
By Hussein Sayed, Chief Market Strategist at FXTM Risk-on sentiment has returned once again with Wall Street leading a significant rally on Wednesday. The Dow Jones Industrial Average soared 4.5% to close
The coronavirus (COVID-19) outbreak will likely trigger payouts for $132.5 mln in pandemic catastrophe bonds sponsored by the World Bank’s Pandemic Emergency Financing Facility (PEF) for eligible countries to mitigate the impact
By Han Tan, Market Analyst at FXTM Most Asian currencies are gaining against the US Dollar after the Federal Reserve lowered US interest rates by 50 basis points. The Fed’s surprise move
