Latest Market News

Jul 14
CoinShares launches staked Algorand ETP on Deutsche Boerse Xetra

The new Algorand ETP joins a family of CoinShares’s staked ETPs featuring cryptocurrencies DOT, XTZ, ADA, SOL, ATOM and MATIC. 1190 Total views 46 Total shares Major European cryptocurrency investment firm CoinShares is expanding its exchange-traded products (ETP) with a new physically-backed ETP based on Algorand. CoinShares on Thursday announced the listing of its physically-backed […]

Jul 14
EIA reports a 58 billion cubic foot weekly climb in U.S. natural-gas supplies

The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 58 billion cubic feet for the week ended July 8. That compared to an average forecast for an increase of 61 billion cubic feet from analysts polled by S&P Global Commodity Insights. Total working gas stocks in storage stand at 2.369 […]

Jul 14
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 14
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 14
Central Bank highlights weaknesses in Virtual Asset Service Providers’ AML/CFT Frameworks

Central Bank seeks to anticipate and support innovation in the financial services industry Firms in novel areas must ensure their businesses will not be used to launder the proceeds of crime or to finance terrorism Central Bank issues a bulletin to virtual asset service providers (VASPs) to assist them in strengthening their applications and frameworks […]

Jul 14
Central Bank of Ireland welcomes publication of the International Monetary Fund’s assessment of Ireland’s financial sector

The IMF’s review recognises considerable progress in strengthening the framework for financial sector regulation, supervision and crisis management in Ireland. An increasingly large, complex and rapidly evolving financial system in Ireland raises new challenges for the future. Review makes targeted recommendations for further work, which will be considered by the Central Bank as it implements […]