Day: July 22, 2022
The German government has agreed on a bailout for Uniper UN01, -15.00%, which has been hit by reduced Russian gas imports, the company said. Terms call for the German state to take a 30% stake for 267 million euros, provided further capital of up to 7.7 billion euros against issuance of mandatory convertible instruments, and […]
ING EUR: Volatile times ahead The euro went on a roller coaster ride around the release of the statement and the press conference. Here are our three takeaways: First, this is another testament to how ECB hawkishness is proving insufficient to sustainably lift the euro. This is due to the fact that the deteriorating eurozone […]
Daily Market Outlook, July 22, 2022 Overnight Headlines US Lawmaker: Biden Could Temporarily Lower China Tariffs EU Solidarity Frays As Nations Question Plan To Slash Gas Use Some ECB Officials Were Initially In Favour Of A Smaller Hike Raimondo: US Dependence On Taiwanese Chips Is Untenable Macron’s Government Charts Gradual Deficit Reduction Path Italian President […]
Former-LUNAtic Mike Novogratz has told crypto investors that the insane returns seen in the crypto space are simply unsustainable. 1826 Total views 28 Total shares Mike Novogratz, the billionaire founder of crypto asset management firm Galaxy Digital, has warned that making more than 200X returns on crypto investments is simply “not normal.” Speaking at the […]
Shares of Altice USA Inc. ATUS, +22.33% were spiking in Thursday afternoon trading after Bloomberg News reported that the company was looking into a sale of its Suddenlink cable business, which operates in states including Arizona, California, and Texas. The business could sell for up to $20 billion, according to the report, though it is […]
Central Bank Economic Letter finds that, while household deposits increased across all euro-area countries during the pandemic, Irish deposit growth was among the highest, exceeded only by Baltic countries. Unlike Ireland, these countries had very high pre-pandemic deposit growth, marking the Irish experience as exceptional. While the virus and related restrictions reduced spending, a higher […]
Governor of the Central Bank of Ireland Gabriel Makhlouf spoke this afternoon about current trends in the Irish, German and Eurozone economies, as well as opportunities and challenges in the financial system at an event hosted by the Consulate General of Ireland and IHK Frankfurt, in partnership with Verband der Auslandsbanken in Frankfurt, Europa Union […]
It is a pleasure to address you today. I would particularly like to thank our Consul General Anne-Marie Flynn for organising this event.1 German – Irish economic relationship Ireland and Germany have excellent relations, politically, culturally and economically. These relations have been documented as far back as the 7th century. When reading about the relationship, […]
Interview with Governor Makhlouf conducted 16 June 2022 Niall Brady: Okay, well listen thanks again for taking the time to talk to me. You had a very busy week, from what I see yesterday was a busy day for you. Gabriel Makhlouf: I’ve had a busy fortnight. Niall Brady: Really? Why a busy fortnight Gabriel […]
Governor of the Central Bank of Ireland Gabriel Makhlouf met with businesses and students from Tipperary yesterday during his day-long visit. Governor Makhlouf met with local entrepreneurs, staff and Government agencies at Tipperary Technology Park, where conversations included the importance of local digital hubs and local economic development in a hybrid working world recovering from […]
