Latest Market News

Aug 01
New York AG calls for whistleblowers ‘deceived or affected’ by the crypto market crash

“I encourage workers in crypto companies who may have witnessed misconduct to file a whistleblower complaint,” said New York Attorney General Letitia James. 275 Total views 3 Total shares New York Attorney General Letitia James has opened the doors for investors who may have witnessed misconduct at a crypto firm amid the extreme market volatility […]

Aug 01
Palo Alto Networks stock is positioned for ‘total platform domination,’ says analyst

Wolfe Research analyst Joshua Tilton initiated coverage of Palo Alto Networks Inc. shares PANW, +1.73% with an outperform rating and $700 price target Monday, writing that while investors seem to view Palo Alto Networks as a place to “hide out” in the current market, they don’t appropriately recognize the value and upside potential of its […]

Aug 01
Central Bank reinforces consumer protection expectations of regulated financial firms providing Direct Debit services

The Central Bank of Ireland has engaged with financial services firms to reinforce its consumer protection expectations of all regulated firms that also operate as Direct Debit originators (DDOs). This follows a review of plans submitted from the financial services firms that are amongst the top 20 DDOs in Ireland, which set out the measures they […]

Aug 01
Statement on the publication of the Central Bank (Individual Accountability Framework) Bill 2022

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 […]

Aug 01
Fiscal policy and planning for resilience

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 […]

Aug 01
Higher real income growth, reduced spending and precautionary savings contributed to significant increase in Irish household deposits during the pandemic

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 […]