. Marcuard’s Market update by GaveKal Dragonomics Accepted opinion among investors is that, when it eventually comes, the Federal Reserve’s first interest rate increase in almost nine and a half years will have been signalled so well in advance and will be so small — effectively from zero to 25bps — that it will have
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By Lukman Otunuga, Research Analyst, FXTM Friday’s soft US sales report may have eroded some hopes that the Federal Reserve would hike US rates in December, and as a result the USD momentarily depreciated across the global currency markets before regaining momentum. Both the core retail and retail sales failed to meet expectations which may
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* Cyprus improves in ‘Doing Business’ report, mainly on much-needed reforms * Singapore is once again the best country for doing business, with a swift and transparent judicial system, just 150 days to resolve commercial disputes and since early last year, litigants and lawyers have been able to file cases, exchange documents, schedule hearings,
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. By Dr. Jim Leontiades Cyprus International Institute of Management Henry Kissinger’s question some years ago, “If I want to talk to Europe who do I call?” today has an answer. It is understood that Germany, and particularly Angela Merkel, is at the centre of whatever decision making can claim a European dimension. Forget Cyprus
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. Now that we have officially entered the election silly-season, voters should consider John F. Kennedy’s famous comment in his 1961 inaugural address before going to the polls next May – “Ask not what your country can do for you, ask what you can do for your country.” So, the question is very simple: what
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. Marcuard’s Market update by GaveKal Dragonomics As China’s growth slowdown deepens, making even the government’s reduced growth target of 6.5% a year for the rest of this decade look less and less realistic, policymakers are increasingly pinning their hopes on Beijing’s much-touted “Belt and Road Initiative”. Not only do they hope that the plan
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. By Oren Laurent President, Banc De Binary It’s all about the Fed. At least that’s what market analysts, currency traders, bankers and investors are focusing on heading into the Fed FOMC meeting on December 15/16. In the run-up to the final Fed pow-wow of the year, all manner of economic data will be considered
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President Nicos Anastasiades has appealed to Jordanian investors to boost bilateral trade and consider taking part in the privatisation process of the ports, electricity and telecoms, while encouraging entrepreneurs to set up a Cyprus base and take advantage of the growing energy sector. Addressing an event at the Amman Chamber of Commerce, where a memorandum
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By Lukman Otunuga, Research Analyst, FXTM The growing optimism over the increased possibility of a US interest rate rise in December has threatened Gold and led to the precious metal collapsing to five-year lows at $1074 on Friday. Gold has been a victim to sharp changes in sentiment as after appreciating over $80 on repeated
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* Predicts 1.4% in 2016 and 2% in 2017 * The European Commission seem optimistic of a recover as it has revised upward its growth forecasts for the Cyprus economy to 1.2% for this year, bringing it closer to the Finance Ministry prediction of a growth rate of 1.5%. The Commission’s Autumn forecast predicts 1.2%
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