Irish banks continue to have an outflow of deposits. According to the Telegraph, the latest data from the Irish Central Bank showed that in December continued outflow of deposits. After reduction of 27 billion euros in November, in December it was still -40 billion over the past year the Irish banks were losing deposits to 110 billion euros. Fine Gael opposition party offers to holders of bank bonds to substitute your shoulder affected banks. Please note that the Irish in the service sector PMI, which was published this morning, jumped to 53.9 (from 47.4) and came after unexpectedly strong manufacturing index. So it's not just bad news.
Thursday, February 3, 2011
Forex news Euro:Euro looks tired before the ECB's payrolls
Irish banks continue to have an outflow of deposits. According to the Telegraph, the latest data from the Irish Central Bank showed that in December continued outflow of deposits. After reduction of 27 billion euros in November, in December it was still -40 billion over the past year the Irish banks were losing deposits to 110 billion euros. Fine Gael opposition party offers to holders of bank bonds to substitute your shoulder affected banks. Please note that the Irish in the service sector PMI, which was published this morning, jumped to 53.9 (from 47.4) and came after unexpectedly strong manufacturing index. So it's not just bad news.