Cyprus reported eight new coronavirus cases on Sunday, mostly from repatriated Cypriots, a day after the island celebrated zero COVID-19 cases for the first time since the outbreak on March 9. The
By Han Tan, Market Analyst at FXTM The heightened uncertainties in the markets are causing further ventures into riskier waters to pause for breath, after what has been a bumpy ride for
George Soros, the billionaire investor and philanthropist, believes the world was unprepared for the COVID-19 virus, but that although he had been anticipating a ‘revolutionary moment’, he regards the coronavirus pandemic as
Many expats are likely to face “unexpected tax complications” because of the lockdown restrictions, the CEO of one of the world’s largest independent financial advisory firms has warned, as nations around the
Turkey is likely to see a contraction of 3.5% in 2020 because of the economic impact of the coronavirus pandemic, the European Bank for Reconstruction and Development (EBRD) said in its latest macroeconomic forecast.
By Han Tan, Market Analyst at FXTM Risk appetite is getting a boost after the US and China committed to the implementation of the phase one trade deal that was signed in
By Hussein Sayed, Chief Market Strategist at FXTM The Federal Reserve will do ‘whatever it takes for as long as needed’ to protect the US economy. This is the one statement that
By Hussein Sayed, Chief Market Strategist at FXTM Oil prices are back in positive territory, a statement we never thought worthy of saying before. Both major crude benchmarks are recovering for a
By Jameel Ahmad, Global Head of Market Research and Currency Strategy at FXTM Could you ever imagine you would see the price of U.S. crude oil valued at less than a pizza?
By Josep Borrell The contrast between the silence of Europe’s streets and squares and the tumultuous, painful reality in many of its hospitals is heartbreaking. COVID-19 has not only Europe but the