Bloomberg reports that “according to a person with knowledge of the matter”, Ireland’s smallest state-owned bank, Permanent TSB, failed European Central Bank stress tests under the adverse scenario being assessed by regulators The report goes on to say: The bank … Continue reading
Moody’s: Ireland’s expansionary budget is a credit negative – Yesterday I had the Fiatches dissing Australia, now these guys are having a go at Ireland. I don’t know how much more I can take from these ****ers …
16th straight month of growth ( readings above 50) stocks of purchases sub-index 52.4 vs 49.6 prev EURUSD 1.2614
Rating – Stable. They’ve also confirmed Ireland at A low but upgrades them to positive from stable. It’s ratings Friday, whoopee I’m off now so I hope you all have a great weekend.
0.3% vs 0.1% prior m/m CPI 0.4% vs 0.3% prior y/y +0.2% vs -0.2% prior m/m Any inflation moves up will be more than welcome by the ECB at the moment.
The August unemployment rate stood at 11.2% in August from a revised 11.3% in July. The revision was better that the originally reported 11.5% I feel a Daniel O’Donnell moment coming on