Gold is down 0.7% to near $4,030 in European trading on Thursday, as XAUUSD faces selling pressures amid global inflation concerns and elevated energy prices in the wake of widening military aggression
The British pound is up 0.1% at around 1.3403 against the dollar during the European trading session on Wednesday. The GBPUSD pair gained as the dollar came under selling pressure, with market
The Pound Sterling remained firm on Wednesday, even though the Middle East conflict entered its twelfth day of hostilities. Inflation in the US boosted the greenback’s prospects, yet the GBPUSD pair traded
Global stagflation appears almost inevitable and investors need to ensure that their portfolios are built for resilience, the CEO of a leading independent financial advisory has warned. Oil surged above $120 a
Investors must prepare for higher interest rates due to the escalating Iran conflict, CEO of a leading independent financial advisory has warned. Oil markets convulsed following threats to shipping through the Strait
Trade unions in Cyprus, encouraged by strong economic data, returned to the negotiating table with business leaders and the labour minister, demanding full implementation of ATA, the automatic wage-indexation system based on
EURJPY continues its winning streak for the sixth consecutive session, trading around 172.80 in European markets on Thursday. The currency cross holds ground after the disappointing Eurozone Retail Sales data, which rose
Markets are cruising on confidence that isn’t justified, warns the CEO of a leading independent financial advisory and asset management organisation. Equity indices are hovering near record highs, volatility remains subdued, and
Almost 60% of CEOs surveyed by PwC around the world expect economic growth to increase over the next 12 months, despite geopolitical risks and inflation, while a growing number say they plan
The monthly Consumer Price Index (CPI) increased by 0.10 points in Cyprus in December 2024, rising to 118.31 points from 118.21 in November, while inflation in December increased at a rate of
