Dollar weakens as US bond yields fall
20.08.2026 Daily blogUS government bond yields fell quite sharply yesterday after the (US) Treasury announced increased “liquidity support” for the long end of the market. Lower US yields triggered a decline in the dollar, which lost ground across the board. The euro has strengthened to around $1.1680, up the best part of a cent from yesterday morning […]
Read more-
Weekly Round Up
LFS may overstate Irish employment growth slowdown
This morning’s CSO Labour Force Survey data (LFS), showed that employment growth returned in Q2, following an unexpected quarterly fall in Q1, with employment up nearly 20,000 (+0.7%), from Q1. Annual employment growth was quite soft, rising by just 0.8%, with falls in annual employment in five of the fourteen sectors. However, there may still […]
-
Global Watch
Global Watch April 2026
The conflict in the Middle East has triggered a sharp rise in energy prices. Inflation will be higher and economic growth lower as a result, though to what extent will ultimately depend on how long energy supplies through the Strait of Hormuz remain disrupted. While this leaves central banks facing a difficult balancing act, the […]
-
Ireland Outlook
Ireland Outlook – July 2026
New Irish Economic Forecasts We expect a contraction in GDP (-3%) in 2026 due to the surge in pharmaceutical exports last year, driven by fears of US tariffs, which has now unwound. Modified domestic demand is forecast to grow by 3.5% in 2026 and 2.5% in 2027, revised slightly upwards. Our lower forecast for CPI […]
-
Ireland Infographic
Ireland Infographic – July 2026
We expect GDP will contract by 3.0% in 2026 before rebounding by 3.6% in 2027. We expect the domestic economy to expand in both years, with modified domestic demand increasing by 3.5% this year and 2.5% next year. View the Ireland Infographic Here: Bank of Ireland Ireland Infographic July 2026
-
UK Outlook
UK Outlook – July 2026
New Prime Minister, Similar Outlook We have kept our outlook unchanged for the most part, with a few slight tweaks. The economy continues to face a number of headwinds, including ongoing geopolitical tensions and high/volatile global energy prices. We expect below trend GDP growth of 0.9% this year and 1.1% next year (both upgraded by […]
-
UK Infographic
UK Infographic – July 2026
We expect that UK GDP will grow by 0.9% in 2026 and 1.1% in 2027. Download the UK Infographic in Full Here: Bank of Ireland UK Infographic July 2026