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EIRL News and Press, iShares Trust MSCI Ireland
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March services PMI came in at a surprising 54.6 - up on 41.2 in February and 36.2 in January. March Manufacturing PMI also performed well, rising to 57.1 from 52.0 in February. Irish economic activity is showing similar trend to global activity when it comes to inflationary pressu...
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Global manufacturing PMI buoyed by further strong gains in production. Robust growth seen in the US, Eurozone, India and Brazil despite supply chain delays close to record high. Expansion limited by further slowdown in China, in turn linked to shipping and logistics problems. ...
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Things aren’t getting better globally in terms of controlling the virus. Recent economic data has shown signs of the damage being wrought by the rise in COVID-19 infections. I expect markets to continue to move in expectations of a robust recovery later in 2021 when vaccine...
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Ireland's Manufacturing PMI rose 52.2 in November to 57.2 in December, marking the third consecutive month of >50 readings. Services PMI also rose in December, reaching 50.1 from recessionary 45.4 in November. Official Composite PMI that accounts only for two sectors of activit...
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After nine months of protracted negotiations, the EU and Britain went into the late hours of the night finalizing a historic post-Brexit trade deal, just a week before the U.K. would crash out of the bloc's single market.Sterling is up on the news, climbing 0.8% to $1.3598.The full legal text...
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Global business cycles are closely interconnected. Global business cycles are closely synchronized. Global equity markets respond accordingly. For further details see: Investing In Foreign Markets Sounds Exciting - But Isn't Always
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Boris Johnson is vowing to press ahead with legislation designed to override the Brexit deal on Northern Ireland after the U.K.'s House of Lords voted late Monday to remove the most controversial parts of the Internal Market Bill.While the government has admitted the legislation breaches part...
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"I want to be clear: this deal will not be made at any price," French President Emmanuel Macron declared at the EU summit in Brussels. "If these conditions are not met... We are ready for a no-deal.""We want an agreement, but of course not at any cost," added German Chancellor Angela Merkel. ...
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The declining trend in eurozone fragmentation risk is meeting resistance. The ECB signals that it will become the first global central bank to adopt "Sustainable Easing" into its monetary policy framework. ECB defined "Sustainable Easing" conflates Global Warming with emergency CO...
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Brexit tensions are escalating as the U.K. House of Commons passed the Internal Market Bill by a comfortable 77 votes, sending it to the next stage in the parliamentary process. More news on: iShares MSCI United Kingdom ETF, Invesco CurrencyShares British Pound Sterling Trust ETF, New Irel...
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