Upbeat Eurozone Data Helps Shares Power Up ; Iseq Briefing: Closed at 3,115.20 Up 48.40 [Eire Region]
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Summary
IRISH shares forged ahead again yesterday, lifted by upbeat eurozone economic data. It capped off a strong week for the Iseq, which is up 150 points since Monday.
Investors were cheered by reports yesterday that eurozone sentiment jumped more than expected in August, signalling a return to growth in the third quarter.See the full content of this document
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Upbeat Eurozone Data Helps Shares Power Up ; Iseq Briefing: Closed at 3,115.20 Up 48.40 [Eire Region]
However, falling inflation expectations and capacity utilisation are likely to keep ECB rates steady well into 2010.
A monthly survey by the European Commission showed economic sentiment in the 16 countries using...See the full content of this document
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