Cyprus has had its own share of the impact from the high interest rate regime dominating the markets, with the two main local banks this week reporting near-record profits for last year.
By Craig Erlam Stock markets spent a second day in the red, continuing the softer start to the year as traders were waiting for the minutes from the December FOMC meeting that
By Craig Erlam The Bank of England used its monetary policy report hearing to once more push back against market expectations on rate cuts next year. A lot of the comments echoed
Cyprus banks are feeling the heat from political parties and the government to absorb part of the increased cost of borrowing created by interest rate hikes burdening the economy and households. According
By Naeem Aslam US futures and European markets are trading higher Tuesday as traders celebrate the Spanish inflation number, showing that inflation has started to cool down significantly. The Spanish data also
By Craig Erlam The Bank of England hiked interest rates by another 25 basis points on Thursday, taking the base rate to 4.5% while making significant tweaks to their economic forecasts. The
No systemic threat, but interest rate hike is a risk The Cyprus banking system will not be feeling any aftershocks of the collapse of major US banks, and most recently the troubled
By Craig Erlam A plethora of central bank meetings and the maintenance completion of Nord Stream 1 have guaranteed another frantic session in financial markets on Thursday. The resumption of gas flows
By Jeffrey Halley The post-FOMC rally ran equities out of steam within 24 hours with Wall Street plummeting overnight once again. Even the most ardent FOMO gnome had a conviction crisis as
By Jeffrey Halley It is turning into a Black Monday in Asia after US and European equity markets were pummelled on Friday, as China risks also rise again. Oil retreated again Monday
