There are signs that the recovery is losing momentum

The number of new coronavirus cases has increased in recent weeks in many countries, posing a growing threat to the economic recovery.  Governments, particularly in Europe, are responding by introducing partial lockdowns and increased restrictions.

Ireland is stepping up preparations for a hard Brexit, where the UK would move to trading under World Trade Organisation rules from the start of next year

Irish GDP fell by 6.1% in quarter two following a decline of 2.1% in the first quarter

The Fed has a dual mandate of maintaining stable prices while maximising employment, writes Oliver Mangan

Little progress is being made in the EU-UK trade talks even as the clock ticks down towards the end of the Brexit transition period in December.

There has been a fair bit of debate recently about whether the dollar has entered a long-term decline now that the US Federal Reserve has cut rates to effectively zero.  The currency lost about 7.

In the eurozone, GDP fell by over 12% in the quarter following the decline of 3.6% recorded in the opening quarter of the year. 

Stock markets continue to be underpinned by the run of good data from economies emerging from the great lockdown imposed to contain the spread of Covid-19.