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Tag: Tullow Oil

Italian political crisis sees risk appetite wither in Europe

Politics dominated markets on Monday, with risk appetite withering in Europe as Italy lurched toward fresh elections. The region’s shares and currency reversed early gains. Holidays in the US and UK also slowed trade. DUBLIN Traders complained that business in Dublin was “very, very quiet”, largely thanks to the closure of New York and London […]

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Italian politics dominate markets on a day when US and UK holidays slowed trade

Politics dominated markets on Monday, with risk appetite withering in Europe as Italy lurched toward fresh elections. The region’s shares and currency reversed early gains. Holidays in the US and UK also slowed trade. DUBLIN Traders complained that business in Dublin was “very very quiet”, largely thanks to the closure of New York and London […]

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Bank of Ireland attracts interest as markets generally flat

Borrowing costs and rising oil prices dampened any gains on the European and US markets in the final session of the week. The Iseq index closed marginally higher as markets prepared for a holiday weekend in the US and UK. Meanwhile, potential political turmoil in Spain and Italy rocked Europe’s markets. Dublin Traders said the […]

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Shares bounce on hopes for US-China breakthrough

European shares touched their highest level since the start of February on Tuesday as car makers and bank stocks climbed and Italian shares recovered. In London, the FTSE 100 hit its third record high in one week, with stocks buoyed by signs of continued improvement in the trading relationship between the US and China. US […]

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AGMs, Apple’s back tax, betting tax and the sale of hundreds of Dublin apartments

It’s a busy morning on the Irish corporate front with figures out from CRH, while AIB, Glanbia and Tullow Oil all hold agms. Glanbia directors are expected to come under fire at its agm in Kilkenny over the price it pays farmers for milk and how it funds various supplier support schemes. The company last […]

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European shares rise on back of robust US data

European shares advanced on Friday, helped late in the session by robust US data, though stocks across the continent ended the week with a slight loss as worries about a trade war and geopolitical tensions kept investors on edge. The pan-European STOXX 600 index closed up 0.2 percent at 377.79 points and lost 0.1 percent […]

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Mixed trading across Europe as worries persist over Trump’s tariffs

The Iseq in Dublin was flat as trading remained choppy across Europe on geopolitical concerns. Engineering firm GKN and miners dragged the FTSE 100 into the red, with a broker downgrade for Just Eat also weighing on the London market. The S&P 500 and the Dow Jones Industrial Average in New York fell as worries […]

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Volatility continues to reign for investors, as Wall Street ends on positive note

European and US shares suffered their worst week since January 2016, with equities in Europe falling again on Friday and Wall Street finishing in positive territory after a day of wild trading. European shares fell to their lowest level in almost six months, amid worries that a comeback of inflation would speed a shift to […]

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No let up for investors as volatility continues to reign

US shares were on track to end their worst week since the financial crisis a decade ago, while European shares fell to their lowest level in almost six months, as worries of a comeback of inflation would speed a shift to tighter monetary policies. Heading into afternoon trading, US stock indexes had slipped into correction […]

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US markets hit by further volatility after day of swings

US stocks remained on an unsteady footing as the bout of volatility that’s gripped global financial markets persisted amid signs that the rise in treasury yields has yet to run its course. Stocks swung between gains and losses throughout the session before ending lower after heavy selling in the final 15 minutes of trading. Earlier, […]

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