Markets shaky ahead of ECB meeting

By Lukman Otunuga, Senior Research Analyst at FXTM A sense of caution has taken hold of financial markets as investors adopt a guarded stance ahead of another week packed with key economic

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US housing up, but at slower pace

House prices in the US continued to rise in October, but at a slower rate for the second month in a row, according to Alpha Bank’s Cyprus Treasury bulletin. Despite the slowdown,

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US retail sales up 8.5% to Christmas

US retail sales were up 8.5% during the pre-Christmas period of November 1 to December 24, a period that included Black Friday and Thanksgiving, overshadowing worries of a fallout from Covid-19 on

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Corporate earnings to drive sentiment

By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were up Tuesday morning, drawing strength from the tech-driven Wall Street rally overnight. It seems like solid corporate earnings have soothed concerns

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Sterling whipsaws after BoE decision

By Lukman Otunuga, Senior Research Analyst at FXTM Policymakers voted unanimously to leave interest rates unchanged at the current record low of 0.1% while a majority (7-1) voted to maintain government bond

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