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
By Craig Erlam European stocks are ending the week on a high, buoyed by another encouraging inflation report that will soon support the end of the ECB’s tightening cycle. Not only did
By Jameel Ahmad, Chief Analyst at CompareBroker.io Expect the last full trading week of May to be dominated by nothing but US debt ceiling updates. This is the drum that I would
The Bank of Cyprus is the first bank in the country and Greece to receive approval from the European Central Bank (ECB) to pay dividends. The lender is expected to resume paying
The European Central Bank’s next interest rate decision will be based on inflation data, although a hike is likely, Philip Lane, chief economist and member of the ECB’s executive board, told CNA.
By Craig Erlam An action-packed end to the week, month, and quarter sees equity markets cautiously higher going into the weekend. If we end the week in the green, that’s a big
Analysts do not expect to see the European Central Bank backing away from its intentions to raise interest rates by another 50 basis points at their meeting on Thursday. In a note,
The European Central Bank has launched its EU-wide banking stress tests for 2023, with baseline assumptions for Cyprus providing for 2.5% GDP growth, followed by 3.1% for 2024 and 2025. ECB supervisors
By Craig Erlam We’re seeing plenty of caution in the markets this week which is perhaps not entirely surprising given what lies ahead. Earnings season isn’t going as well as hoped and
By Edward Moya US stocks were selling off on Monday in what will be a massive week of corporate earnings, three major central bank rate decisions (FOMC, ECB and BoE), and an
