Markets advance as focus on US CPI

By Lukman Otunuga, Senior Market Analyst at FXTM   Asian shares advanced on Thursday following the moderately positive performance from Wall Street overnight, as dovish Fed minutes and easing oil prices supported risk


ECB determined inflation returns to 2%

The European Central Bank is determined to promptly ensure that inflation returns to its 2% medium-term target, said ECB Vice-President Luis de Guindos. In his keynote speech at a Central Bank of

ECB Vice-President praises economic progress

Visiting European Central Bank (ECB), Vice-President Luis de Guindos commended Cyprus’ remarkable economic improvement and the recent upgrade of its economy by two rating agencies. After meeting with Cyprus Central Bank Governor


Eurozone inflation revised lower

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


Fighting the inflation dragon

The ECB announced its decision to raise the three key interest rates by 25 basis points amid persistent inflation, which “is still expected to remain too high for too long.” According to


Market caution returns on China woes

By Lukman Otunuga, Senior Market Analyst at FXTM Asian markets were painted red on Tuesday with Chinese stocks leading losses, as disappointing PMI services data fuelled concerns over the nation’s sluggish economic

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