Market comment - Ireland to maintain lockdown restrictions until end-April

Davy Research
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Speaking over the weekend, Irish Taoiseach Micheál Martin said that severe restrictions will remain until end-April. Despite speculation, the construction sector will not re-open in March. Meanwhile, this morning’s Bank of Ireland Pulse survey shows a significant rebound in business and consumer sentiment in February, despite restrictions being extended, and a marked pick-up in expectations for house price inflation to an 18-month high.