An encouraging end to the week

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

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ECB interest rates going one way

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,

ECB stress tests for Cypriot banks

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

A huge few days ahead

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

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Central bank warnings

By Craig Erlam   It’s been a solid start to the year for equity markets, but that optimism appears to be fading as policymakers queued up in Davos to push back against market

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ECB revokes RCB license

The European Central Bank (ECB) said it had withdrawn Cypriot lender RCB’s banking license months after the central bank restricted parts of its business. In March, RCB Bank struck a deal with

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