Good Morning ,
Today's overview of economic news and market action:
- The cautious tone to investor sentiment persisted yesterday …
- Oil prices continued to rise, with Brent crude now above $111 per barrel …
- Currency-wise, the price action remained moribund …
- Of the limited moves to note, the dollar edged slightly higher …
- In level terms, EUR/USD opens today back at $1.17 …
- GBP/USD is operating near the $1.35 mark …
- EUR/GBP remains in the top half of the 86-87p corridor …
- Today, the main focus will be the Fed FOMC meeting & press conference …
- Markets will also remain sensitive to developments in the Middle East …
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New Episode: Markets, Housing and Construction in Focus
Listen to AIB's Market Talk Podcast for the latest market insights
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Join Jane Kavanagh from AIB’s Corporate Treasury desk, alongside John Fahey, Senior Economist, and Pat O’Sullivan, Head of Real Estate Research, for this edition of AIB Market Talk. The discussion explores recent global market developments and what they mean for Ireland’s construction, housing and real estate sectors.
Listen here
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