Financial investors have added exposure to crude oil as a result of the tightening oil market and to benefit from higher roll returns, with the futures curve now more strongly downward sloped,
By Craig Erlam Eurozone headline inflation was slightly lower than the 5.3% initially reported in August, while core was unrevised and is now modestly higher. Both are expected to fall going into
Migrant smuggling is a global concern that deeply affects Cyprus and demands immediate attention, Justice Minister Anna Koukkides Procopiou told a conference in Larnaca. The minister spoke at the three-day 18th CrimEx and 2nd
By Lukman Otunuga, Senior Market Analyst at FXTM Investors will likely remain cautious ahead of a week packed with key data and policy decisions from major central banks. Asian shares declined on
By Craig Erlam A cautious start to the week ahead of a bunch of central bank meetings that will likely set the tone for the remainder of the year. There’s every chance
Rather than pausing as expected by many observers, the European Central Bank (ECB) raised its main refinancing operations (MRO) rate by 25 basis points (bps) to an all-time high of 4.5% to
Five Israeli tourists will stand trial on October 5 accused of the gang rape of a young Briton in the popular holiday resort of Ayia Napa, a court ruled Monday. The Famagusta
US President Joe Biden described the progress in bilateral relations with Cyprus as “historic” in his written address during a formal ceremony at the White House. He made the remark when the
By Craig Erlam A busy week comes to an end with a triple witching event that no doubt added to the lively conditions. And next week is only going to go up
Cyprus is taking an initiative for the European Union to re-evaluate Syria’s status as a war-torn country that prevents EU states from returning refugees seeking refuge in the bloc. In comments to
