Four-year high for investor confidence

Investor confidence in the Irish economy has reached a four-year high with more than nine out of ten respondents to the Rabodirect Investor Barometer confident about its outlook over the coming months.

The barometer, which surveyed more than 500 RaboDirect customers, shows 91% of Irish investors are confident regarding the outlook for the economy over the next three months — an increase of 9% on the previous report published in June.

A decrease of equal proportions, however, was seen in optimism for the global economy which fell significantly, with 76% of Irish investors confident for its prosperity compared with 85% in June.