Cypriot consumers have seen their purchasing power reduce by more than 5% compared to a year ago as inflation hit a 13-year record high in January. If this wasn’t bad enough, consumers
Soaring inflation in Turkey has propelled a wave of strikes unlike any the country has seen since the 1970s, as workers demand more money to counter the shrinking value of their pay.
By Han Tan, Chief Market Analyst at Exinity Group Oil prices are cooling further from recent multi-year highs following the EIA’s raised forecasts for US production this year and next, which they
By Hussein Sayed, Chief Market Strategist at Exinity Last week saw risk assets climb, with the S&P 500 gaining 1.6% as investors rushed to buy the latest dip in equities. The better-than-expected
Investors need to brace themselves for three major headwinds in 2022 and a failure to take action could result in a ‘hammer blow’ to their finances, warns the CEO of a global
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were mixed on Thursday following a rally on Wall Street overnight as markets offered an initial positive reaction to the Federal Reserve’s
Inflation in Cyprus kept rising to 4.3% in November due to the sharp increase in the price of electricity and petroleum products. According to the Statistical Service, in November, the Consumer Price
By Lukman Otunuga, Senior Research Analyst at FXTM In a move that confounded market expectations, the Bank of England left interest rates unchanged at a record low of 0.1%, even as it
By Lukman Otunuga, Senior Research Analyst at FXTM Asian markets were under pressure on Thursday, following the mostly negative cues from Wall Street overnight as investors adopted a cautious approach towards risk.
By Han Tan, Chief Market Analyst at Exinity Group Most Asian markets were in the red Wednesday as concerns persist over contagion risks stemming from the Evergrande saga, a potentially souring global
