HIGHLIGHTS: Though the euro was off its lows going into the weekend, markets continue to be very much focused on the political situation in Greece and difficulties in the European banking sector….* Meanwhile, eurozone economic data are unlikel...
EUROPE A LONG, LONG WAY OFF SUSTAINED GROWTH: The European Commission published its latest semi-annual European Economic Forecast report last week with the opening remark that recovery is on the horizon, but it will be a long and stony road bef...
HIGHLIGHTS: Dollar supported by signs of US recovery…* Euro vulnerable as debt concerns resurface…* Sterling benefits from improved UK data and safe haven flows…* Yen recovers recent losses as risk sentiment deteriorates again…
COMPLETIONS TO FALL EVEN FURTHER FROM 2011 RECORD LOW: Just 10,480 units completed in 2011 The latest data from the Department of Environment show that there were just 10,480 housing units completed in 2011, a fall of 28% compared to the 14,600 ...
IRISH ECONOMY WATCH: Manufacturing production volatile, dropped back further in March. Down 5.2% in Q1... BUT ... Mfg PMI, though falling back, remained just into expansion territory in April. . .