Dollar slides ahead of key GDP data
The US Dollar is under modest selling pressure as investors gear up for key data releases. The US Bureau of Economic Analysis will publish the first estimate of the annualised gross domestic product (GDP) growth for the first quarter and the Department of Labor will release
A total of 63 candidates came forward on Wednesday to challenge the six seats allocated to Cyprus in the next European Parliament,
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A total of 63 candidates came forward on Wednesday to challenge the six seats allocated to Cyprus in the next European Parliament, elections for which will be held on June 9, together
Read MoreThe island’s economy is slowing, with the growth rate turning negative for the second month in a row, according to a leading
The sixth Leading Maritime Cities survey released this week declared Singapore as the world’s premier shipping centre. Not surprisingly so, considering the
By Athena Danou While this wasn’t my first participation in the Christodoula March, it was probably the first time I left the
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US chipmaker Nvidia (NVDA) is having another fantastic year. After ending 2023 as the best S&P 500 performer, with a whopping 236% gain, the AI giant added over one trillion dollars to its stock value in Q1, or 15% more
Read MoreThe Bitcoin halving – likely on Friday or Saturday – will be a ‘price non-event’, depending on the exact current rate at
Ticket sales have skyrocketed for the Daleela passenger and car ferry that will resume its Limassol to Piraeus sailings from the end
The Daleela passenger and car ferry will resume its Limassol to Piraeus sailings from the end of May to early September, with
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Europe should remain united in condemning Russian aggression and keep applying pressure to make Moscow change its behaviour, President Nicos Anastasiades said during his trip to Estonia. He urged the EU to
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By Naeem Aslam As geopolitical tensions escalate further after attacks by Israel on Iran, crude oil prices closed the week on a volatile note. Interesting to note when it comes to oil
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In 2018, 7% of EU enterprises employing at least 10 persons used industrial or service robots, Cyprus had the lowest percentage in the bloc. Large enterprises use robots much more (25%
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The sixth Leading Maritime Cities survey released this week declared Singapore as the world’s premier shipping centre. Not surprisingly so, considering the
By Athena Danou While this wasn’t my first participation in the Christodoula March, it was probably the first time I left the
Cypriots are being squeezed out of the property market as they can’t afford climbing rents. Hiking construction costs and interest rates are
On the one hand, there is an evident effort by the Deputy Ministry of Tourism to upgrade the quality of local hotels
I often write about my disappointment of a sector of the younger generation. The crime rate is particularly high among the ages
Energy
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West Texas Intermediate (WTI) started Tuesday on the low side, falling below $81.00 per barrel before a broad-market recovery in risk appetite dragged barrel bids into a fresh high above $83.00. US Purchasing Managers Index (PMI) figures printed much softer than expected,
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By Naeem Aslam As geopolitical tensions escalate further after attacks by Israel on Iran, crude oil prices closed the week on a
West Texas Intermediate (WTI) futures dropped slightly to the crucial support of $85.00 in early trading in European markets on Wednesday. The
A small market relief rally on Monday following Iran’s 300-strong missile and drone strike on Israel at the weekend does not mean
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The US Dollar is under modest selling pressure as investors gear up for key data releases. The US Bureau of Economic Analysis
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With central banks signalling a path toward looser monetary policies as decades-high inflation cools, investors will be rushing into fixed yield opportunities
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West Texas Intermediate (WTI) started Tuesday on the low side, falling below $81.00 per barrel before a broad-market recovery in risk appetite
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The EURGBP cross pared its daily gains, trading lower around 0.8620 on Tuesday, following mixed Purchasing Managers Index (PMI) figures from the United
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Maritime
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The sixth Leading Maritime Cities survey released this week declared Singapore as the world’s premier shipping centre. Not surprisingly so, considering the city-state topped nearly all the indicators resulting from data, research and interviews of hundreds of leading shipping executives
Read MoreTicket sales have skyrocketed for the Daleela passenger and car ferry that will resume its Limassol to Piraeus sailings from the end
Elementary schools in Cyprus have adopted 1,000 ships in almost two decades, as part of an international awareness campaign initiated by the
The Daleela passenger and car ferry will resume its Limassol to Piraeus sailings from the end of May to early September, with
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By Athena Danou While this wasn’t my first participation in the Christodoula March, it was probably
All archaeological sites and monuments operated by the Department of Antiquities will offer free entry on
Three of Cyprus’ beaches in the Ayia Napa-Protaras area have earned prestigious spots among Europe’s top
Marking World Stray Animals Day, authorities on Friday announced plans to enhance and expand a dog
By First Lady, Philippa Karsera-Christodoulides “Empowering Equality: A vision for Inclusive Participation and Social Transformation.”; a pertinent
