By Jameel Ahmad, Chief Analyst at CompareBroker.io Expect the last full trading week of May to be dominated by nothing but US debt ceiling updates. This is the drum that I would
President Nikos Christoulides will hold talks on Thursday with German Chancellor Olaf Scholz in Berlin to discuss more active EU involvement in the Cyprus peace process and bilateral and international affairs. The Presidency
President Nikos Christodoulides has personally congratulated Greek Prime Minister Kyriakos Mitsotakis for his party’s victory in Greece’s parliamentary elections. He called Mitsotakis on Sunday evening and congratulated him on his success and that
By Moody’s Analytics U.S. homebuilding has found a floor following an almost year-long slide in building activity. Total housing starts ticked higher in April, climbing 2.2% to 1.4 million annualized units. Multifamily
As Greece heads for a general election on Sunday, the government’s management of the economy, the alternative paths of economic success, and promises of wellbeing by opposition parties are under scrutiny. The
By Craig Erlam It would appear we’re heading into the weekend on a slightly more upbeat note, with stock markets posting decent gains, optimism rising over debt ceiling negotiations, and UK consumers
The USA has updated its sanctions list on pro-Kremlin Russian oligarchs and facilitators, adding three Cyprus-based companies to the 300 entities hit with restrictions on Friday. No additional Cypriot individuals were added
By Jameel Ahmad, Chief Analyst at CompareBroker.io Market sentiment is in line to conclude weekly trading more upbeat and with the hope that an agreement to raise the US debt ceiling will
Ankara has again criticised Washington for anchoring the US destroyer USS Arleigh Burke in Cyprus, saying it disrupts efforts to reunify the island. The Turkish Foreign Ministry said, “Steps taken in the
Cyprus had the fourth lowest annual inflation rate in the EU at 3.9% in April, below the European average of 8.1%. Cyprus’ annual EU-harmonised inflation slowed to 3.9% in April from 6.1%