Dear Reader,

Here is an overview of today's economic news and market action:

• Market sensitivity to macro data continued last week
• Source this time was higher than expected EZ inflation
• Reaction included market now expecting 4% peak in ECB depo rate
• Currency-wise, dollar had a slightly softer tone
• EUR/USD regained ground in $1.06 territory
• Elsewhere, EUR/GBP confined to 87.5-89p range
• Ahead this week some key dollar calendar item
• Payroll data (Feb) and Fed Chair Powell’s congressional testimony

Click the link to listen to AIB Market Talk featuring discussions with our Economists and Treasury experts, providing you with specialist insight into the prevailing topics impacting Financial Markets.

Watch our video to learn the key features of a Forward Contract and how it will help provide you with greater certainty on profit margins 

Good Inflation News in Short Supply

Recent inflation data have been disappointing, especially in regard to core measures...

The shift by central banks to smaller rate hikes is not a signal that monetary tightening is about an end. Central banks have continued to emphasise that the battle to bring inflation back under control and restore price stability is far from won.

Ireland's manufacturing sector posted in expansion territory in February amid a renewed upturn in new orders and strong growth in workforce numbers.