Dear Reader,

 

Today's economic news and market action:

  • Risk appetite remained weak yesterday ..
  • Currency-wise, the euro was in the ascendancy …
  • Sterling was on the back-foot also …
  • Sees EUR/GBP open in the top half of 88-89p …
  • EUR/USD is in the bottom half of $1.06-1.07 …
  • GBP/USD is operating back below $1.20 …
  • Today, flash Eurozone inflation (Feb) and latest ECB minutes are due …
 
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Today's Opening FX Rates
 
      % Change
      Day* End 2021
EUR/USD 1.0634   0.42 -0.64
EUR/GBP 0.888   0.98 0.41
GBP/USD 1.1973   -0.55 -1.03
GBP/EUR 1.1255   -0.97 -0.41
*versus Previous Day's European Open

 
 
 
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AIB Market Talk Podcast
 
 

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Economist's Weekly Market View - No Let Up in Rate Hikes
 

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.
 
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Weekly Market Brief: 27 Feb - 3 Mar
 

Keep on Rocking in the Rate World

The shift by central banks to smaller rate hikes is not a signal that monetary tightening is about an end.
 
Read More
 
February 2023 Manufacturing PMI Report
 

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