European bond yields fall as markets anticipate fresh ECB stimulus measures
European bond yields fall as markets anticipate fresh ECB stimulus measures Government bond yields in the euro area are hovering near record lows, reflecting heightened expectations for European Central Bank easing soon and concern about global recession risks. Ten-year bond yields in Germany and Italy were poised to record their biggest weekly falls since mid-2018, […]
Restaurants seek fresh VAT cut to combat hard-Brexit
Restaurants seek fresh VAT cut to combat hard-Brexit Restaurants here want the Government to reduce the VAT rate for the hospitality sector to 9% once again, ahead of a potential no-deal Brexit. The organisation has warned that one in five restaurants here is likely to close if the UK leaves the EU without a deal. […]
Wall Street rises on strong retail sales data; recession fears remain
Wall Street rises on strong retail sales data; recession fears remain US stocks rose in choppy trading today, as strong July retail sales data and Walmart’s upbeat results eased some fears about the economy slipping into recession. However, a slump in shares of network gear maker Cisco limited gains. Cisco Systems Inc dropped 6.2% and […]
Export values to the UK down in June but up for the half year
Export values to the UK down in June but up for the half year The value of exports fell by 5% in the month of June compared to the same month last year. According to figures from the CSO, goods exports totalled €12.1 billion in the month, a decrease of €663 million on June 2018. […]
Export values to the UK down in June but up for the half year
Export values to the UK down in June but up for the half year The value of exports fell by 5% in the month of June compared to the same month last year. According to figures from the CSO, goods exports totalled €12.1 billion in the month, a decrease of €663 million on June 2018. […]