Third week of gains for the pound after volatile few days
Third week of gains for the pound after volatile few days After a volatile week, the British pound was on course for its biggest monthly gain since February. It was partly accounted for by a drop in the euro which encouraged investors to buy the pound. The single currency fell more than half a percent […]
Stock markets boosted by fresh trade hopes
Stock markets boosted by fresh trade hopes Renewed hopes for trade talks boosted stock markets today after China said it would not retaliate against the latest US tariffs, setting up a positive end to a volatile week. New trade optimism helped alleviate gloom about predictions for a coming slowdown in the world economy, analysts said. […]
Biggest growth in consumer lending in over 10 years; Central Bank
Biggest growth in consumer lending in over 10 years; Central Bank New lending for car purchase in the year to July reached its highest level since the Central Bank started measuring the indicator in 2012. According to the regulator’s figures, gross new lending for car purchase hit €2.1 billion in the twelve month period. Arrangements […]
Euro zone inflation remains low
Euro zone inflation remains low Euro zone inflation remained low at 1% in August, well below the European Central Bank’s target, bolstering market expectations that the bank will further ease monetary policy next month. The European Union’s statistics office said that inflation in the 19 countries sharing the euro was unchanged from the July reading, […]
‘Industry central to Ireland’s climate action targets’
‘Industry central to Ireland’s climate action targets’ The government has advised industry that the environment needs to move higher up their agenda if businesses want to remain competitive. “Irish enterprise has failed to break the link between economic prosperity and damaging greenhouse gas emissions,” Minister for Communications, Climate Action and Environment, Richard Bruton, told an […]