Day: July 26, 2022

Jul 26
Challenges and opportunities for a financial services ecosystem in transition – Makhlouf

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 […]

Jul 26
Remarks by Governor Gabriel Makhlouf at Consulate General of Ireland and IHK Frankfurt event

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, […]

Jul 26
Transcript of Governor Gabriel Makhlouf’s interview with Niall Brady, The Sunday Times

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 […]

Jul 26
Central Bank Governor visits Tipperary to meet businesses and students

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 […]

Jul 26
Recurrent property taxes may help to reduce house price volatility

Central Bank Economic Letter finds that recurrent property taxes can, over time, help to mitigate downside risks to house prices. Such taxes may also provide a stable source of revenue for government, as they are less likely to be affected by the economic cycle. Revenue from recurrent property taxes, as a proportion of national income, […]

Jul 26
AUDUSD, H4 | Potential Bullish Continuation

Type: Bullish Breakout Key Levels:Resistance: 0.70635Pivot: 0.69923Support: 0.68946 Preferred Case:On the H4, with price moving above the ichimoku cloud and breaking out of the descending trend channel and moving in an ascending support, we have a bullish bias that price will rise to the pivot at 0.69923 at the overlap resistance in line with the […]

Jul 26
GC1!, H4 | Potential Bearish Continuation

Type: Bearish Breakout Key Levels:Resistance: 1738.4Pivot: 1721.1 Support: 1679.3 Preferred Case:On the H4, with price moving within a descending channel and RSI moving in a descending trendline, we have a bearish bias that price will drop from pivot at 1721.1 where the pullback resistance is to 1st support at 1679.3 in line with 100% fibonacci […]

Jul 26
U.S. stocks open lower as Wal-Mart profit warning spooks investors

U.S. stocks opened lower on Tuesday after Wal-Mart WMT, -8.90% cut its profit outlook and blamed food inflation for forcing American consumers to curtail spending on other items. The S&P 500 SPX, -0.81% retreated 16 points, or 0.4%, to 3,951. The Dow Jones Industrial Average DJIA, -0.35% shed 97 points, or 0.3%, to 3,189. The […]

Jul 26
SEC Philippines to investigate Binance over alleged illegal operations

A think tank in the Philippines doesn’t give up on efforts to ban Binance, now claiming that the crypto exchange has been operating illegally in the country. 803 Total views 22 Total shares Philippines’ think tank Infrawatch PH continues efforts to ban Binance in the country by asking more regulators to investigate the cryptocurrency exchange […]

Jul 26
McDonald’s revenue falls short of Street estimates

McDonald’s Corp. MCD, -1.42% posted net income totaling $1.188 billion, or $1.60 per share, down from $2.219 billion, or $2.95 per share, last year. Adjusted EPS of $2.55 beat the FactSet consensus for $2.47. Revenue of $5.718 billion was down from $5.888 billion last year and missed the FactSet consensus of $5.801 billion. Global comparable […]