A busy end to the week

By Craig Erlam Stock markets are bouncing back on Friday, although no one is getting excited by the moves which pale in comparison to the preceding losses. This looks like nothing more

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No letting up

By Craig Erlam We’re in for another day of risk-off trade, with parts of Asia recording heavy losses and Europe opening on the backfoot. Fear of tightening-induced recessions has wiped out the

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Caution prevails as investors on edge

By Lukman Otunuga, Senior Research Analyst at FXTM European stocks crept higher on Tuesday, rebounding after a rocky start to the trading week as investors remained jittery over rising interest rates and

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Markets cautious ahead of Fed meeting

By Lukman Otunuga, Senior Research Analyst at FXTM   European shares edged cautiously higher on Tuesday as investors braced for a busy trading week, jampacked with central bank decisions and headlined by the

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Inflation slows to 9.6% in August

Cyprus’ annual EU-harmonised inflation decelerated to 9.6% in August from 10.6% in July but remained close to its highest level in decades, according to official data Friday. In August, the Harmonized Index of

Meat prices continue climbing

Cypriot consumers are getting a price-battering at supermarkets, as meat products went up by a whopping 30% in the past two weeks, according to butchers. In comments to news site Brief, the

All eyes on U.S. jobs report

By Craig Erlam Stock markets in Europe opened positively on Friday after what has been an otherwise rotten week, while Asia was fairly mixed ahead of the US jobs report. It will

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Sentiment slips in Europe

By Craig Erlam Stock markets in Europe turned lower again on Wednesday, while US futures are more mixed, similar to what we saw in Asia overnight. Conditions remain choppy in the aftermath

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Stock selling continues, Europe in focus

By Edward Moya US stocks were declining Monday after a weekend filled with a worldwide central bank hawkishness reinforced the message that central bank tightening will deliver pain to households and businesses. ​

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