By Lukman Otunuga, Senior Research Analyst at FXTM It was a complete bloodbath across stock markets on Monday, despite more stimulus measures from the Federal Reserve over the weekend, including another emergency
Cyprus Defence Minister Savvas Angelides has tested negative for the coronavirus after placing himself under self-isolation but two army officers have contracted the virus. Defence Ministry Spokesperson Christos Pieris told CNA that
Medical staff at Paphos General Hospital may have contracted the coronavirus after an elderly patient tested positive there, a doctor warned on Monday. The head of Paphos General Hospital’s cardiological clinic Joseph
The recovery from a coronavirus-triggered recession will usher in a new era in which how we live, do business and invest will fundamentally change, according to the CEO of one of the
The coronavirus disease outbreak together with a significant oil price drop is creating a loss of investor confidence and significant disruptions in the financial markets, DBRS Morningstar said in a comment on
By Jameel Ahmad, Global Head of Currency Strategy and Market Research at FXTM Desperate times call for desperate measures. For the second time in a matter of weeks and just days before
The European Bank of Reconstruction and Development (EBRD), primarily involved in project finance in eastern and southern Europe, and central Asia, announced an emergency ‘solidarity package’ of €1 bln to help busineses
Cyprus authorities announced four more COVID19 cases on Friday taking the total to 14 while Turkish Cypriots in the north have confirmed five cases. The cases in the Republic concern two people
By Lukman Otunuga, Senior Research Analyst at FXTM Things just got worse for financial markets as rising panic surrounding the coronavirus pandemic pummeled equities around the world. Asian shares continued the slump
The European Bank for Reconstruction and Development (EBRD) announced it is planning to step up its support for companies across its regions of operations to help them deal with the deepening impact of the
