Investors ‘regaining global confidence’

Irish investors are rapidly regaining confidence in the global economy, according to the latest RaboDirect Investor Barometer.

Some 57% of Irish respondents are confident about the development of the global economy over the next three months, a figure which compares remarkably well with the 9% who expressed confidence when asked the same question in Dec 2011.

A sizeable increase in expectations for the domestic economy is also evident, with 37% of respondents saying they are confident about the development of the Irish economy over the next three months compared with 21% last December.