Day: July 9, 2022
Q4 2021 saw 2.5 million people in employment, the highest on record. Strong employment was supported by the domestic labour force, with migration playing a smaller role Two groups drove this labour force expansion; under 25s and women over 35. Evidence that there are longer running trends that have encouraged women to remain part of […]
Climate Forum will meet twice yearly and brings together climate change experts, industry representative bodies, regulated firms, and Central Bank representatives. Central Bank also publishes its first Sustainable Investment Charter. Charter provides a guide to apply sustainable investment principles to the Central Bank’s investment assets. The Central Bank of Ireland has hosted the inaugural meeting […]
The Central Bank of Ireland welcomes the statement from the Banking and Payments Federation Ireland (BPFI) following Tuesday’s CEO roundtable meeting, at which the retail banks set out the programme of work being undertaken by the sector to manage the migration of personal and business bank accounts. The work outlined focuses on the four areas […]
It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent entity has been claiming to be a retail credit firm in the State in the absence of an appropriate authorisation. In this instance the fraudulent entity cloned and impersonated a legitimate Central Bank authorised firms in order to deceive consumers. […]
It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a scam entity by the name Renfrew Capital Management (Ireland and Bermuda), formerly operating the website https://renfrewcapitalmgmt.com, has been claiming to be an investment firm / investment business firm in the State in the absence of appropriate authorisations. In this […]
It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a scam entity by the name Parker Prime (Estonia / United Kingdom) formerly operating the website addresses: https://parker-prime.com and https://clientzone.parker-prime.com, has been claiming to be an investment firm / investment business firm in the State in the absence of appropriate […]
Twitter’s secrecy on fake and spam account numbers on the platform is the main reason for tech mogul’s decision, a Friday letter revealed. 3467 Total views 49 Total shares In an unexpected turn of events, Tesla CEO Elon Musk announced his intention to end the $44 billion Twitter deal via a letter sent to the […]
Vita Coco Co. COCO, +11.41% stock soared 16% in Friday trading after the coconut water company was upgraded to buy from neutral at Bank of America. Analysts raised their price objective to $12 from $10. BofA says the ocean freight market is showing signs of stabilizing, which could lead to cost declines for Vita Coco. […]
Hawkish ECB Minutes Fuel Growth ConcernsYesterday’s ECB meeting minutes clearly highlighted the extent to which the bank has turned hawkish. The minute showed the bank focusing on inflation concerns and the need to tackle rising consumer prices. Indeed, many policymakers were seen calling on the need for more aggressive action and a frontloading of rate […]
NFP In FocusToday’sUS labour data will be in sharp focus as traders brace for the upcoming JulyFOMC meeting. With the FOMC minutes this week confirming the Fed’s plans topush ahead with aggressive tightening (.75% July hike) and Fed’s Waller andBullard both voicing support for such a move this week, it would likely take aheavy downside […]