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Monthly Archives: January 2013
Euro strength
Quick one here on the strength of the Euro and how it may impact on Ireland’s recovery efforts. The Euro has been on the charge of late strengthening across the board against all the major currencies around the world. A … Continue reading
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Tagged balance of trade, currency wars, euro, Ireland, recovery, trading partners
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Kitchen sinking
This morning saw a bit of conventional “wisdom” turned on its head. A German bank reporting numbers that were far worse than a Spanish banks. Deutsche bank released Q4 numbers this a.m and swung from a profit last year to absorbing a … Continue reading
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Down but not out
Over the weekend reports came filtering in that the ECB had rejected a proposed deal from the Irish Government on the treatment of its promissory notes relating to the bailout of Anglo Irish bank. As it stands Ireland has to cough up EU3.1 bln … Continue reading
1,000 views
Just hit 1,000 views of my little blogging endeavour. Thanks all for tuning in, hope you enjoy it. Jeff
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Love/hate….
Apple has seen better days its fair to say, after its earnings last night the stock was slammed today -10%. This is a function of what happens when there is euphoria in a stock and suddenly its all goes bad. … Continue reading
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To be EU or not to be?
Cameron finally scotches the rumours and to deliver speech where he will offer up a referendum on UK membership to the European Union. Not until he has been re-elected in 2015 though mind you. http://live.reuters.com/Event/World_Economic_Forum_at_Davos
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Trouble down under?
There must be an election coming up soon down under with the treasurer pledging no cuts to public spending and thereby not delivering on a promise of a budget surplus. He describes it as “irresponsible” to cut spending to substitute tax revenue. Not bad … Continue reading
Is gold about to get crazy?
The gold market may be in for some serious volatility soon as an important process is going on between Germany and the USA. Germany, fuelled by a recent audit, angry voices from the Bundestag and a healthy dose of fear are asking … Continue reading
Interesting ….UK showed decent growth in bilateral economic trade with China in 2012. UK showed 15.5% growth in exports to China compared with zero or negative growth from the majority of European countries. Two things helping here, China was venue … Continue reading
Lucky number 13?
2013 is off to the races. What a week it has been and most indexes printing new highs. The start of the year though usually brings a rally of some sort as investors usually close positions in previous year end … Continue reading
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Tagged china trade balance, debt ceiling, euro, fiscal cliff
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