Earnings dampening the mood

By Craig Erlam   Equity markets are back in the red on Wednesday, as investors appear to prepare themselves for a disappointing earnings season for Big Tech. The last few weeks may turn

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Price inflation rose 8.1% in 2022

The Harmonised Index of Consumer Prices (HICP) rose 8.1% last year compared to 2021, driven by higher energy bills and pump prices. In December alone, the HICP increased by 7.6% compared to

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Tackling inflation government’s biggest task

The Cyprus Economy and Competitiveness Council (Ecompet) outlined medium-term and long-term proposals to tackle inflation via innovation investment. The Council said that due to the seriousness of inflation, it established a committee

Continuing encouragement

By Craig Erlam   The year got off to a promising start last week, buoyed by a goldilocks jobs report that left investors in a good mood going into another interesting period. Last

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Tech leading the way

By Craig Erlam  It’s been a mixed day of trade in Europe and the US opened marginally lower Thursday, as traders took a step back following a lively start to the year.

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Growing optimism?

By Craig Erlam  Equity markets pushed higher on Wednesday, buoyed by softer yields and some promising PMI revisions in Europe. It appears investors are increasingly coming around to the idea that central

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No more festive cheer

By Craig Erlam A mixed start to trading on Tuesday as traders return following the festive break to some rather gloomy forecasts for the coming year. The IMF is among those warning

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