Latest Irish Life weekly markets update

Peter Rice
Peter Rice, Investment Proposition Manager
Monday, 20th July 2026
AI CONCERNS RESURFACE

Latest Irish Life weekly investment bulletin

Key talking points include:

  • Global Equity markets declined last week as concerns over AI expenditure continued
  • US inflation came in below expectations with CPI falling, 0.4% to 3.5%
  • Geopolitical concerns were elevated as the conflict between the US & Iran escalated causing a spike in oil prices of 11% last week