Cyprus-Saudi Arabia step up investments

Cyprus and Saudi Arabia have signed a Framework Cooperation Programme (FCP), boosting promotion investments between the two countries in areas of mutual concern. The FCP was signed on Saturday in Nicosia by

Risk aversion sweeps across Europe

By Craig Erlam European stock markets are plunging at the start of the week following a day of mixed trade in Asia, with Gazprom’s supply-cut announcement on Friday weighing heavily on the

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All eyes on U.S. jobs report

By Craig Erlam Stock markets in Europe opened positively on Friday after what has been an otherwise rotten week, while Asia was fairly mixed ahead of the US jobs report. It will

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Off to a bad start

By Craig Erlam There’s been a lot of economic data to digest so far on Thursday and yet nothing has really changed as far as markets are concerned, with September kicking off

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A curious rebound

By Craig Erlam Stock markets were bouncing back on Tuesday following a rocky couple of weeks as investors grew nervous about the economic impact of tightening. Fed Chair Jerome Powell could not

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Focus on central banks

By Craig Erlam A slightly positive start to trading on Thursday, as traders eye ECB minutes early afternoon and the start of the Jackson Hole Symposium. The minutes will likely provide further

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More tail chasing in the markets

By Jeffrey Halley        Wall Street did another U-turn overnight, finishing lower as the dearth of tier-1 data and the pre-FOMC media blackout left the FOMO gnomes chasing their tails once again. Wall

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What’s the good oil?

By Jeffrey Halley Oil markets are on the move Thursday morning, with oil prices dipping by 2.0% in early trading after the Financial Times reported that Saudi Arabia has indicated to western

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