Ireland economy forecast 2024 multinatioal sector decline
The European Commission forecasts a decline in the Irish economy for 2024, with an expected rebound in growth slated for…
Category: Finance
Trump’s red wave pushes euro to $1.05 potential lows
The euro plummeted to $1.05 against the dollar on Thursday, marking a new 13-month low and registering its fifth consecutive…
Fed Cuts Rates Amid Inflation Concerns Ignored by Powell
The US Federal Reserve has implemented a 0.25% reduction in interest rates, aligning with market expectations. As speculation mounts regarding…
EU judges uphold bond trading cartel ruling
The European Court has upheld the European Commission’s 2021 decision, rejecting appeals from Credit Agricole and Credit Suisse regarding allegations…
Can Trump Challenge Federal Reserve Independence 2023
Donald Trump’s anticipated tariffs and tax cuts have the potential to spur inflation, putting pressure on the Federal Reserve to…
Eurozone inflation exceeds October estimates impact on ECB policy
In October, inflation in the Eurozone rose to 2%, exceeding expectations and up from September’s figure of 1.7%. This increase…
German Consumer Climate Hits 18 Month High on Income Optimism
In October, consumer confidence in Germany showed a slight increase, reaching its highest level since April 2022. However, ongoing challenges…
Eurozone Inflation and Tech Earnings to Watch This Week
This week promises to be pivotal for financial markets as several crucial economic events and corporate earnings take center stage.…
China CPI and Economic News Weigh on European Markets
China has reported disappointing consumer price growth for September, revealing that the situation may negatively impact European luxury stocks. Weakening…
Nobel Prize in Economics Awarded for Global Inequality Research
Daron Acemoglu, Simon Johnson, and James A. Robinson have been awarded the Nobel Prize in Economics for their groundbreaking research…
ECB interest rate cut expected at this week’s meeting
The European Central Bank (ECB) is anticipated to announce a significant rate cut this Thursday, 17 October, due to falling…
Germany’s economic outlook rises DAX index reaches record highs
The surge in October’s market sentiment can be attributed to rising expectations for interest rate cuts and an optimistic outlook…
Will Tax Hikes Drive Wealthy French Citizens to Relocate
The French government is on a quest to discover €60 billion in savings for the coming year, with part of…
German Firms Face Loan Access Challenges Amid Economic Uncertainty
Hesitancy among German banks has reached a seven-year high, according to findings from the IFO Institute. This growing reticence is…
French government announces major spending cuts and tax hikes 2025
The European Commission will closely examine France’s draft budget plan following a formal warning issued to Paris regarding its excessive…