Cypriot banks enter the cycle of uncertainty created by the war in Ukraine in a strong position, said Andrea Enria, President of the European Central Bank Supervisory Council. He called for vigilance
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
The European Central Bank (ECB) said it had withdrawn Cypriot lender RCB’s banking license months after the central bank restricted parts of its business.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
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares flashed red on Thursday, tracking declines in Wall Street overnight after the Federal Reserve signalled interest rates will climb higher than anticipated.
Economists are confident the island’s economy and banking system will not be impacted by a rise in interest rates in the Eurozone, despite warnings by the European Central Bank. In its latest
Yields of Cypriot bonds issued domestically rose significantly in the last months, reflecting the policy rate hikes of the European Central Bank (ECB) in its effort to curb soaring inflation. Cypriot 13-week
The next non-monetary policy meeting of the Governing Council of the European Central Bank will be held on 5 October in Cyprus; an informal gathering will follow the day after. According to
By Lukman Otunuga, Senior Research Analyst at FXTM Market sentiment lacked conviction on Tuesday despite the Chinese government pledging more efforts to support economic growth. Asian shares were mixed as investors braced
By Craig Erlam A slightly positive start to trading on Thursday, as traders eye ECB minutes early afternoon and the start of the Jackson Hole Symposium. The minutes will likely provide further
By Jeffrey Halley Volatility was the winner overnight, with a multitude of data points and events leaving market price action messier than a teenager’s bedroom. The European Central Bank surprised markets by
