Cyprus on Sunday accused Turkey of “piracy” after Ankara announced new plans to drill for oil and gas in the divided island’s maritime zone, a move escalating tension despite the threat of
By Han Tan, Market Analyst at FXTM Asian stocks and currencies were mixed Friday, despite global investors being given positive signals on the world’s two largest economies. US retail sales climbed 0.3%
Greece and Egypt voiced serious concern over the Turkish President Recep Tayyip Erdogan’s decision to send military forces to Libya. In a telephone conversation with his Greek counterpart Nikos Dendias, Egyptian Foreign
Egyptian Petroleum Minister Tarek El Molla hailed the signing of the East Med Gas Forum foundation charter by Egypt, Cyprus, Greece, Israel, Italy, Jordan and Palestine as a “historic moment” for Mediterranean
By Hussein Sayed, Chief Market Strategist at FXTM The long-awaited “phase one” trade deal has finally been signed. After two turbulent years of trade disputes that have weighed on the global
By Han Tan, Market Analyst at FXTM Most Asian stocks and currencies are trading lower on Wednesday leading up to the long-awaited signing of the ‘Phase One’ trade deal between the
Cyprus President Nicos Anastasiades said on Tuesday his government is using diplomacy to ensure international law and stability prevails as the Libya conflict unfolds. Asked about developments in the Eastern Mediterranean and
By Lukman Otunuga, Senior Research Analyst at FXTM The mood across financial markets continued to brighten on Tuesday amid signs of further goodwill between the US and China ahead of the
Cyprus and Greece Foreign Ministers said Turkey’s activities in the East Med and Aegean are counterproductive and taking Ankara outside international law. Cyprus Foreign Minister Nikos Christodoulides and his Greek counterpart Nikos
Increasing hints that the Bank of England will cut interest rates is likely to prompt investors into overseas financial assets, affirms the CEO of one of the world’s largest independent financial services
