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economy

Bank of Cyprus

Bank of Cyprus: Group Financial Results for the six months ended 30 June 2015

27/08/2015(0)
Key Highlights • Improving funding structure; loans to deposits ratio (L/D) declined to 136% (138% at 31 March 2015) and customer deposits accounting for 54% of total assets (51% ... Read More
Traders work on the floor of the New York Stock Exchange

U.S. Stocks Come Charging Back

27/08/2015(0)
Six-day losing streak ends as Fed official calls case for September rate increase ‘less compelling’ Stocks snapped a six-day losing streak Wednesday, soaring by the highest percentage in nearly ... Read More
eurozone-ecb

ECB’s economist says bank will act to combat China, oil impact on inflation target

26/08/2015(0)
The risk has increased that the European Central Bank won’t get inflation back up to where it wants, the bank’s chief economist said on Wednesday, pledging to beef up ... Read More
financial-news-2

During Every Market Crash There Are Big Ups, Big Downs And Giant Waves Of Momentum

26/08/2015(0)
This is exactly the type of market behavior that we would expect to see during the early stages of a major financial crisis.  In every major market downturn throughout history there ... Read More
interest rates

Global Markets to Fed: No Rate Hike, the Strong Dollar Is Killing Us

25/08/2015(0)
Global markets are puking at the prospect of higher yields in the U.S. There are many reasons for global markets to melt down, but one that doesn’t get enough ... Read More
PBC China Central Bank 1

China Cuts Interest Rates for Fifth Time in Bid to Stem Rout

25/08/2015(0)
China cut interest rates for the fifth time since November and lowered the amount of cash banks must set aside, falling back on its major levers to stem the ... Read More
athens-stock-exchange

Greek stocks nosedive amid China jittters

25/08/2015(0)
The Athens Stock Exchange experienced one of its worst days in the last few years on Monday, when the general index plummeted 10.54 percent to land at 558.38 points. ... Read More
bundesbank-feb

Bundesbank: growth in the German economy could continue

24/08/2015(0)
Following robust growth in the first two quarters of 2015, the Bundesbank‘s economists expect the German economy to continue its positive development.“The conditions are currently in place for fairly ... Read More
china-stocks-board

China’s Stocks Sink Most Since 2007 as State Intervention Fails

24/08/2015(0)
China’s stocks plunged the most since 2007 as government support measures failed to allay investor concern that a slowdown in the world’s second-largest economy is deepening. The Shanghai Composite ... Read More
uae-flags

Tax change is necessary to diversify UAE’s economy

14/08/2015(0)
Step by step, the UAE is moving closer to implementing two laws that will change how the economy functions and how the country is perceived abroad. The first is ... Read More
Broker Cyprus TopFX