. By Oren Laurent President, Banc De Binary Evaluating the emerging markets in the aftermath of the recession has proved to be a dilemma for global hedge funds and investors. For every analyst who has heralded the potential of these new markets, another has highlighted the geopolitical instability. This week, India takes the spotlight after
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. The result from Sunday’s sweeping victory by anti-bailout Syriza will continue to reverberate in Greece and throughout Europe over the next few months, as the architects of the harsh austerity plans see their designs fail or even back-fire, pushing innocent voters into the arms of radical groups and extreme nationalists. But the lessons to
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By Jameel Ahmad, Chief Market Analyst at FXTM To sum up, there were no surprises from the FOMC statement yesterday evening. Throughout previous statements, “more of the same” has been the underlying tone and yesterday evening’s statement basically repeated the same message. There is no doubting the US labour market is making consistent progress while
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The European Commission has kicked off its project to create a Capital Markets Union (CMU) for all 28 EU Member States with a first orientation debate at the College of Commissioners. The CMU is one of the flagship projects of this Commission and ties in with the ambition to boost jobs and growth in the
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. Marcuard's Market update by GaveKal Dragonomics With the votes counted and a new PM sworn in, it looks as if the euro system has helped give birth to the continent’s very own Hugo Chavez, with the third largest party in Greece’s parliament being neo-Nazis. Nice work! With Spain going to the polls later this
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Finance Minister Haris Georgiades said on Tuesday that the lower yield on Cyprus bonds is encouraging and reinforces the initial target set by the government for a return to the markets this year. The government plans two bond issues in 2015 to cover part of the debt of EUR 2.9 bln that must be refinanced.
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Economic recession is expected to be milder in 2015, according to the University of Cyprus Economics Research Centre’s monthly outlook for January that refers to the negative risks for the economy such as the high level of non-perform,ing loans (NPLs) in the banking sector, delay in reforms and the impact from the Russian economy. However,
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* Prolongs financing, liquidity and economic growth risks * Moody’s said that Sunday’s election outcome prolongs financial uncertainty and is credit negative for Greece (Caa1 stable) because it intensifies the country’s refinancing and liquidity risks, undermines depositor confidence and has an adverse effect on economic growth prospects. “The election outcome throws into question the new
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By Jameel Ahmad, Chief Market Analyst at FXTM Leading up to this evening’s eagerly anticipated FOMC statement, traders took the opportunity to close some USD positions on Tuesday afternoon. Investors are showing some concerns ahead of the FOMC statement that the Federal Reserve will delay raising US interest rates until much later this year than
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Hala Abu Dhabi, the destination management division of Etihad Airways, has signed agreements with Xenos Travel and Top Kinisis, two leading tour operators in Cyprus, to promote Abu Dhabi as a stopover destination for passengers transiting in the UAE capital. The preferred sales agreements are two of 45 signed by Hala Abu Dhabi with key
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