European elections in UK this week may likely decide sterling’s destiny

Labour MP Hilary Benn, the chairman of the UK parliament’s Brexit committee, told BBC radio last week that “there are only two ways out of the Brexit ...

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Irish economy enjoying strong start to the year

The Irish economy has been confronted with a slowdown in global growth this year, most notably in its main export markets in Europe, as well as the deepening uncertainty ...

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Brexit is still a black hole

The past week saw a major breakthrough in world science, with the first picture of a black hole in space.

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Sufficient housing supply still likely to be years away

There has been a marked slowdown in Irish house price inflation over the past year.

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Depleted armoury to fight global downturn

Bond yields have tumbled globally in the past month in the latest leg to the rally that commenced last autumn.

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All eyes on the global signs for weak manufacturing

Global economic data have continued to disappoint in early 2019. This has seen the Organisation for Economic Co-operation and Development (OECD) lower its growth ...

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OLIVER MANGAN: Amid the Brexit uncertainty, ECB rate hike delays may offer some comfort

As expected, last week’s meeting of the ECB Governing Council concluded with no changes to interest rates from 0% for the refinancing rate and –0.4% ...

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Economy to grow if hard Brexit can be avoided

The latest CSO data on the Irish labour market, which are for the final quarter of 2018, show further solid jobs growth.

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Storm clouds on horizon for US economy

Most of the major world economies may have lost considerable momentum over the past year, but the US economy has continued to power ahead.

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Debate flares over health of global economy

The OECD and IMF have kept their forecasts for the global economy largely intact to date, with just slight downgrades to their projections.

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Expect pound to fall ‘quite sharply’ in no-deal Brexit

After the UK parliament rejected the withdrawal agreement struck between Theresa May’s government and the EU by an over- whelming margin in mid- January, the ...

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Eurozone economy is not far from recession this year

The eurozone is Ireland’s most important trading partner, taking one-third of our total exports.

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Dollar set to lose ground this year

The dollar remains at high levels against a broad range of currencies.

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Brexit is already weighing on UK economy as it approaches a fork on the road

While the Irish economy has continued to perform very strongly over the past couple of years, despite all the uncertainty surrounding Brexit, the same cannot be ...

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All eyes on the economic data as the US weighs up next interest rate hike

There is a lot of uncertainty about the path of US interest rates this year, with a big divergence in the views of the Federal Reserve and the markets.

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A balanced property market could still be many years away

The dominant feature of the Irish residential property market last year remained the shortfall in supply.

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No rush for ECB to hike rates

Last week’s December meeting of the ECB governing council concluded in line with expectations, with no changes to interest rates from their present levels ...

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Buckle up as the Brexit end game has just begun

The past week has seen much turbulence on financial markets.

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Buckle up markets as the Brexit end game has just begun

The past week has seen much turbulence on financial markets. Equity markets came under severe selling pressure, with Wall Street suffering a fall of over 3% on last ...

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Growth may cool but sharp slide unlikely

World economy forecast to grow by 3.5% in 2019,

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ECB to keep rates very low for a couple of years

Official national accounts data published by the CSO show that the economy had a very strong first half to the year. The underlying growth rate of the domestic economy ...

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Sterling moves may be huge in either direction

Given the considerable uncertainty over whether the UK parliament will approve the withdrawal agreement and with a range of outcomes now possible in relation to ...

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