USDJPY bulls are further encouraged by a weakening Japanese Yen following data that shows real wages declining for the 25th straight month in April, as domestic inflation in Japan continues to outpace wage growth. The data will make it harder for the Bank of Japan to normalise policy, as it hopes to lift the bank’s … Read more
Violent Easter traditions such as re-enactments of the crucifixion and resurrection, bonfires, and firecrackers have led to incidents of vandalism, riots, and injuries during the holiday. Despite increased police presence, youths were involved in throwing Molotov cocktails, firecrackers, and stones at authorities, damaging property, and causing chaos in various areas. The use of firecrackers and fireworks by individuals, including parents with children in the car, has raised concerns about societal violence spilling over into other areas.
Cyprus is celebrating the Resurrection with church services and family gatherings. Thousands of people are enjoying good weather in Paphos after yesterday’s bad weather. The sunny day is perfect for strolling and enjoying the beautiful harbor, making it a prime opportunity for rest and recreation in the tourism showcase.