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Trump’s tweets turn to dangerous action on trade

You would have thought President Donald Trump might have left well enough alone. His tax package was passed – a huge political victory – and the economic figures have been strong. But whatever the motivations – hubris, the mid-term elections later this year or maybe just a belief that he is on a roll – […]

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Trump tweet commentary risks further destabilising trade

You would have thought President Donald Trump might have left well enough alone. His tax package was passed – a huge political victory – and the economic figures have been strong. But whatever the motivations – hubris, the mid-term elections later this year or maybe just a belief that he is on a roll – […]

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US stocks re-enter correction territory on Trump Chinese tariff plan

The Dow Jones briefly re-entered correction territory on Thursday after industrials and steel stocks tumbled following the Trump administration’s plan for heavy import tariffs aimed at China renewed investor concern about the break out of a global trade war. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite all closed down more than 2 […]

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US-China trade war concerns send shares tumbling

Concerns about trade sent European shares tumbling on Thursday as the US prepared to announce hefty tariffs on Chinese imports, with banks, basic resources stocks and tech the worst-performing. “It was a very weak day across Europe,” an equities trader in Dublin-based Davy said. US stocks also went into the red as investors shifted focus […]

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Trump’s tariffs plan batters industrial stocks

The Irish Stock Exchange in Dublin was closed on Friday due to the incelement weather. European shares fell to six-month lows after Donald Trump said the US would impose tariffs on imported steel and aluminium, prompting worries about a global trade war. Such concerns sparked a broad sell-off in Europe, weighing particularly on the export-oriented […]

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Carillion collapse weighs heavily on UK and European equities

On the first day of a new trading week US markets were closed on account of Martin Luther King day. Meanwhile, Ireland’s benchmark Iseq overall index edged up by 0.08 per cent, beating its UK and European peers. Both UK and European stocks fell on Monday, with Carillion’s collapse causing investors to establish the disruption […]

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Best week since April for European shares as UK, Swiss indices hit records

European shares powered to their best week since last April on Friday, with the British and Swiss benchmarks hitting records, propelled by optimism about a strengthening regional economy and fresh new highs on Wall Street. The pan-European STOXX 600 index was up 0.8 per cent, holding at a two-month high, while euro zone blue chips […]

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Best week since April for European shares as UK, Swiss indexes hit records

European shares powered to their best week since last April on Friday, with the British and Swiss benchmarks hitting records, propelled by optimism about a strengthening regional economy and fresh new highs on Wall Street. The pan-European STOXX 600 index was up 0.8 per cent, holding at a two-month high, while euro zone blue chips […]

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CRH rises as Trump prepares to unveil infrastructure plan

London’s top-flight index rebounded on Friday and sterling gave up its gains as prime minister Theresa May overcame a major barrier in the Brexit negotiations. Dublin Building materials company CRH closed the day up 1.5 per cent in Dublin on the back of rumours that US president Donald Trump is to ramp up infrastructure spending. […]

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Tech lifts euro zone stocks as Steinhoff sinks further

European shares edged up on Thursday as financial and tech stocks recovered, while troubled furniture retailer Steinhoff sank further, stung by an accounting scandal. Investors recovered their risk appetite, pushing euro zone stocks up 0.2 per cent, with financials the strongest sector, helping the bank-heavy Italian and Spanish markets outperform strongly with gains of 0.6 […]

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