Irish Consumer Confidence (Dec) 61.2 vs. Exp. 59.1 (Prev. 61.0)
Irish consumer confidence edged up to 61.2 in December, surpassing expectations of 59.1 and slightly improving from the previous month's reading of 61.0.
TD is now expecting the RBA to raise rates by 25bps at its next meeting in February
Palestinian media reports Israeli raids continue on various areas of the Gaza Strip, according to Sky News Arabia
Irish Consumer Confidence (Dec) 61.2 vs. Exp. 59.1 (Prev. 61.0)
Japanese Foreign Exchange Reserves (Dec) 1369.8B (Prev. 1359.4B)
US President Trump posts that data shows the US has the lowest trade deficit since 2009, and is going even lower, adds GDP is predicted to come in at over 5%, and success of the country is due to tariffs
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This uptick suggests a more optimistic outlook among consumers, which could support spending growth and positively impact economic forecasts for Ireland. If this trend persists, it may influence policymakers regarding future economic conditions and consumer-driven inflation.
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