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Top News In Ireland Dec Today - Breaking & Trending Today

UK inflation at 30-year high, German 10-year bund yield turns positive

- Focus remains on global bond yields; EU equity markets manage to recover following a shaky start to the session. - UK Dec CPI above consensus and hi ....

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UK economic data highlighted that coronavirus continued to weigh on the economy

Computacenter [CCC.UK] +3% (prelim earnings),
Kainos Group [KNOS.UK] +19% (trading update),
Cineworld [CINE.UK] -4% (New James Bond film postponed)
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Speakers
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Italy PM Conte said to be considering the possibility of elections if he was unable to reassemble a workable majority in parliament
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ECB Survey of Professional Forecasters (SPF)cut its 2021 GDP growth from 5.7% to 4.4% ( Note: ECB Dec Staff Forecast is 3.9%) while raising the 2022 GDP growth from 2.4% to 3.7%. It cut 2021 HICP (EU Harmonized CPI) from 1.0% to 0.9% while maintaining 2022 HICP (EU Harmonized CPI) at 1.3%
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Japan Cabinet Office (Govt) Jan Economic Report maintained overall economic assessment that the domestic economy remained in a severe situation despite signs of improvement. Raised its view on capex and housing while cutting view on private consumption and business conditions ....

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Germany 2020 GDP registers its largest contraction in over a decade

- OPEC Monthly Oil Report
- (DE) German Federal Statistics Office to update forecasts
- 05:30 (HU) Hungary Debt Agency (AKK) to sell bonds (3 tranches)
- 05:50 (HU) Hungary Central Bank One-Week Deposit Rate Tender ( Note: not a rate decision)
- 06:00 (IE) Ireland Dec CPI M/M: No est v 0.3% prior; Y/Y: No est v -1.1% prior
- 06:00 (IE) Ireland Dec CPI EU Harmonized M/M: No est v 0.3% prior; Y/Y: No est v -1.0% prior
- 06:00 (ZA) South Africa Nov Electricity Production Y/Y: No est v -2.8% prior; Electricity Consumption Y/Y: No est v -2.5% prior
- 05:50 (HU) Hungary Central Bank One-Week Deposit Rate Tender ....

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