By Lukman Otunuga, Senior Research Analyst at FXTM Investors who were craving for some volatility Thursday afternoon had their wishes fulfilled following the May inflation report that showed prices rising in the
Cyprus unemployment increased to 9.4% or 43,000 individuals in April (9% among men and 10% for women), from 8% (36,000) in March. A year earlier, the rate was 7.5% or (34,000 jobless).
By Lukman Otunuga, Senior Research Analyst at FXTM A sense of caution enveloped financial markets on Thursday as investors awaited US data expected to offer more clues on inflation, economic growth and
Cyprus recorded 1.2% annual inflation in April on higher prices in clothing, footwear and transport, while in the European Union, the rate was 2%. Monthly inflation was 0.8%, and for the first
By Han Tan, Market Analyst at FXTM Market fears surrounding US inflation has fuelled declines in global equities, with Asian benchmark indices falling in tandem with the drop in US stocks. On
By Hussein Sayed, Chief Market Strategist at FXTM Last Friday, investors were cautiously monitoring the US nonfarm payrolls report, as market participants were anticipating a seven-digit job gain. Unfortunately, they got a
By Hussein Sayed, Chief Market Strategist at FXTM Inflation threats and rising bond yields have been the dominant market topics over the past several weeks, as investors fear the latest selloff in
At -0.8% Cyprus had the third-lowest annual inflation rate in the European Union in January behind Greece (-2.4%), Slovenia (-0.9%), data showed on Tuesday. Cyprus’ Harmonized Index of Consumer Prices declined 0.8%
The buying power of one euro (1€) has depreciated by a whopping 30% between 2000 and 2020 from 1€ to 0.7€, according to data researched by Trading Platforms UK. This means that
Inflation in Cyprus continued to drop in January with the Consumer Price Index decreasing to -1.6% on the year before as energy bills dropped. In January the CPI fell by 1.06 units
