Latest Market News
Climate Forum will meet twice yearly and brings together climate change experts, industry representative bodies, regulated firms, and Central Bank representatives. Central Bank also publishes its first Sustainable Investment Charter. Charter provides a guide to apply sustainable investment principles to the Central Bank’s investment assets. The Central Bank of Ireland has hosted the inaugural meeting […]
The Central Bank of Ireland welcomes the statement from the Banking and Payments Federation Ireland (BPFI) following Tuesday’s CEO roundtable meeting, at which the retail banks set out the programme of work being undertaken by the sector to manage the migration of personal and business bank accounts. The work outlined focuses on the four areas […]
Speech by Nikhil Rathi, our Chief Executive, delivered at the Peterson Institute for International Economics. Speaker: Nikhil Rathi, Chief ExecutiveLocation: Peterson Institute for International EconomicsDelivered: 14 July 2022Note: this is the speech as drafted and may differ from the delivered version Highlights Intensive dialogue between our nations is essential to ensure we deliver consistent outcomes. Having departed from the […]
Deutsche Bank (Germany’s bank) warned that the aggravation of the gas crisis in Germany may prompt citizens to return to using wood for heating to face the severe cold during the coming winter. According to analysts’ warnings, some homes will have to burn wood for heating instead of gas, as Russia continues to cut supplies, […]
EURUSD volatility around the round 1.00 level remains elevated which creates ripple waves in other USD cross-pairs. After yesterday’s “shocking” CPI release, markets shifted expectations of the upcoming July rate hike from 75bp to 100bp. Earlier, the Bank of Canada surprised markets with a front-loaded 100 bp rate hike, highlighting seriousness of the inflation threat […]
July FOMC Pricing Favours 1% Hike Pricing for the upcoming July FOMC has swung in favour of a full percentage point hike following yesterday’s US CPI report. June CPI was seen rising to 9.1% annually, marking the hottest US inflation reading in 40-years. Looking at the monthly data, headline CPI was seen coming in at […]