The sell-off on global stock markets, after coronavirus fears triggered the largest one-day fall on many global indices – including the FTSE and the Dow Jones – since the “Black Monday” market
Princess Cruises, the world’s second largest cruise operator with a fleet of 18 vessels, announced Thursday it is suspending all operations for the next two months due to the coronavirus crisis, allowing
Cyprus Health Minister Constantinos Ioannou has not ruled out more drastic government measures to be announced in following the WHO’s decision to declare coronavirus a pandemic. President Nicos Anastasiades convened a ministerial
By Hussein Sayed, Chief Market Strategist at FXTM Stocks took a dive throughout the world, Oil plunged further and many companies are drawing down their credit lines after the World Health Organisation
The World Economic Forum, acting as partner to the World Health Organisation (WHO), has launched the COVID Action Platform, which is intended to catalyse private-sector support for the global public health response
Following Cyprus’ first two coronavirus cases, consumers have taken to stockpiling personal hygiene and non-perishable food items, as supermarkets handle twice the traffic they would normally see. Although nowhere near the levels
Cyprus on Wednesday started enforcing emergency measures introduced to limit the spread of coronavirus by banning mass gatherings, closing schools while the country’s two largest state hospitals were in lockdown. Following news
By Han Tan, Market Analyst at FXTM GBPUSD faltered below the 1.29 psychological level before seeing a sharp recovery, after the Bank of England surprised markets on Wednesday with a 50-basis point
Cyprus tourism is in damage limitation mode from the coronavirus outbreak as it faces a “very difficult year”, Deputy Minister for Tourism Savvas Perdios said. Perdios has briefed the cabinet on the
By Han Tan, Market Analyst at FXTM Despite Wall Street’s gains on Tuesday, the tide of risk aversion is rising again in financial markets. Most Asian stocks are seeing another sell-off, albeit
