Dear Reader,
Today's overview of economic news and market action
- Subdued tone to investor sentiment yesterday
- On bond markets, French vs German yield spread widened
- Currency-wise, Yen continued to weaken, USD/JPY at 38-year high
- Elsewhere, other FX majors within narrow ranges
- EUR/USD in and around $1.07, EUR/GBP remains near midpoint of 84-85p
- Some important Eurozone and US inflation data due today
Continue Reading
|
|
|
|
Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2023 |
| EUR/USD |
1.0691 |
|
-0.01 |
-3.13 |
| EUR/GBP |
0.8462 |
|
0.01 |
-2.38 |
| GBP/USD |
1.2635 |
|
-0.01 |
-0.74 |
| GBP/EUR |
1.1814 |
|
-0.01 |
2.43 |
| *versus Previous Day's European Open |
|
|
|
|
Irish Economy Watch - June 2024
Consumer prices rose by 0.5% in May, amid an increase in transport and hospitality costs. However, the YoY rate stayed at 2.6%. Consumer sentiment declined, albeit marginally, for a fourth consecutive month in May. Revisions to the data show the unemployment rate averaged 4.2% in Q1’24 down from 4.5% in Q4’23. On a monthly basis, it has printed at 4.0% in Mar-May.
Read More
|
|
|
Irish Housing Market Bulletin - June 2024
Renewed momentum in Irish residential property prices
Irish residential property prices experienced quite a turnaround over the course of 2023. Initially they started the year on a downward trajectory, with the CSO measure of official house prices registering monthly falls, averaging 0.3% in the first 5 months of the year, against the backdrop of rising interest rates.
Read More
|
|
|
|
|
|
|
