House Speaker Mike Johnson applauds as US president Donald Trump signs the bill in the White House to end the government shutdown. Photo: Reuters
European Securities and Markets Authority Verena Ross. Photo: Bloomberg
Following the signing last week by US president Donald Trump of legislation to end the longest government shutdown in US history, this week the tens of thousands of federal workers who were affected by the 43-day stand-off should be returning to their posts. Just how quickly full government services and operations will resume is unclear, however.
The bill signed by Mr Trump only provides funding to keep the US government open until January 30, when lawmakers will once again need to find the money to keep the lights on.
Here in Ireland, Ibec will host a conference and summit in Galway tomorrow outlining insights from the organisation’s Manufacturing in Ireland 2025 report. This covers data from multiple sectors within the Irish manufacturing industry. Key speakers at the event include Sharon Higgins, the executive director for membership and sectors at Ibec, and Gary Hanniffy, director for manufacturing at PwC Ireland.
On Thursday, Financial Services Ireland will host its annual dinner at the Raddison Blu Royal Hotel in Dublin. This event brings together a mix of people in the financial services community across Ireland for networking. A keynote speech will be delivered by Verena Ross, the chair of the European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor.
A number of statistical reports are worth watching out for this week, starting on Wednesday when the Central Statistics Office (CSO) will publish its Residential Property Price Index for September.
The last CSO release found that Irish house prices rose at an annualised rate of 7.4pc in August, while the average price paid for a home was €423,000. Given that the Irish property market seems to be bubbling once more, it will be interesting to see if there is any changes in the figures for September.
Later in the week, the statistical body will publish its Labour Force Survey for the third quarter of this year, giving employment numbers. The previous release showed a continuing upward trend in employment numbers for the second quarter, when the ranks of those at work stood at just over 2.8 million people, up 2.3pc when compared with the same period the year before.
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