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Cyprus Web

Soft US CPI data supports sterling, weak dollar

The British pound is up 0.1% at around 1.3403 against the dollar during the European trading session on Wednesday. The GBPUSD pair gained as the dollar

Financial Mirror 7/13/2026

Cyprus Web

Tourist arrivals improve in May, still below 2025 levels

Tourist arrivals in Cyprus improved in May, but were still below year-ago levels for the third consecutive month, with cancellations drastically impacting

Financial Mirror 7/13/2026

Cyprus Web

Dollar benefits from risk aversion as Mideast situation heats up

Safe-haven flows dominate the action in financial markets at the beginning of the new week as tensions in the Middle East escalate further. The economic

Financial Mirror 7/9/2026

Cyprus Web

Oil markets ‘complacent’ despite growing Hormuz risk

Oil markets are sending the wrong signal by treating the latest attacks on commercial shipping in the Strait of Hormuz as a contained geopolitical incident,

Financial Mirror 7/8/2026

Cyprus Web

WTI surges above $74 as Trump says Iran deal is over

The benchmark crude West Texas Intermediate (WTI), futures on NYMEX, soared 3.2% to near $74.30 during the European trading session on Wednesday, the highest

Financial Mirror 7/7/2026

Cyprus Web

Investors head for mega-rotation out of Big Tech

Mega-rotation out of Big Tech is going to be a major theme for investors for the rest of the year, according to the CEO of a leading independent financial

Financial Mirror 6/28/2026

Cyprus Web

Ukraine’s appeals and Europe’s growing financial burden

By Chris Michael The European Union appears to be gradually laying the groundwork for a more active role in future negotiations over the war in Ukraine.

Financial Mirror 6/24/2026

Cyprus Web

Washington’s “Trojan Horse” at the heart of Europe

By Chris Michael The new leadership of the North Atlantic Treaty Organisation appears to be evolving into a catalyst for fresh tensions within the western

Financial Mirror 6/12/2026

Cyprus Web

Silver bulls target $69 on improved market mood

Silver retraced previous losses on Friday, with XAGUSD returning to levels in the mid-range of the $67.00s. A moderate optimism about a peace deal in Iran

Financial Mirror 6/24/2026

Cyprus Web

Gold dips below $4,100 as dollar marches higher

Gold extended losses for the second consecutive day on Wednesday as the DXY Dollar Index surged to 13-month highs near 102.00. The precious metal has breached

Financial Mirror 6/24/2026

Cyprus Web

US-Iran deal: word of caution for energy markets

The announcement of an interim agreement between the US and Iran has triggered an immediate and dramatic reaction in world energy markets. Oil prices fell

Financial Mirror 6/24/2026

Cyprus Web

Retail, construction boost econ sentiment in June

Economic sentiment in Cyprus improved for the third consecutive month, rising marginally in June, on improved business and consumer confidence, according