Day: July 28, 2022
Kohl’s Corp. KSS, +3.38% announced Thursday that it has partnered with Levi Strauss & Co. LEVI, +2.41% for an exclusive limited-time SilverTab capsule collection. The collection will have a 90s throwback vibe, with baggy clothing for men, women and kids. Levi’s were a big seller during Amazon AMZN, +1.19% Prime Day, and the denim company […]
EURUSD, “Euro vs US Dollar” Having completed the descending wave at 1.0100 along with the correction up to 1.0220, EURUSD is forming a new consolidation range around the latter level. If later the price breaks the range to the downside, the market may start a new decline with the short-term target at 1.0000. GBPUSD, “Great […]
USDCHF, “US Dollar vs Swiss Franc” In the H4 chart, USDCHF is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the pair is expected to test 2/8, break it, and then continue falling towards the support at 1/8. However, this scenario may be cancelled if the price breaks […]
The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 15 billion cubic feet for the week ended July 22. That compared to an average forecast for an increase of 25 billion cubic feet from analysts polled by S&P Global Commodity Insights. Total working gas stocks in storage stand at 2.416 […]
The Central Bank of Ireland welcomes today’s publication of the Central Bank (Individual Accountability Framework) Bill 2022. The Central Bank will continue to work with the Department of Finance throughout subsequent stages as the legislation progresses through the Oireachtas to enactment. Once the Bill has been enacted the Central Bank intends to publicly consult on […]
At last week’s meeting of the ECB’s Governing Council, we decided to increase our main policy rate by 50 basis points. This continues the normalisation of our monetary policy, a path that we had started to travel on last December. Our aim is to dampen the inflationary pressures that we’re seeing in the euro area […]
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 […]
