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Equities in Europe were set for a muted start of the week as stock markets remained largely attuned to the latest development in global politics.

The US-China trade talks continued to dominate investor sentiment with the Chinese Xinhua news agency reporting over the weekend that Chinese Vice Premier Liu He had "constructive discussions" with the US side on mutual concerns regarding the phase-one trade accord?. Reportedly, the phone call was made at the initiative of the US.

Meanwhile, the Brexit drama and parliamentary election campaign remained a strong point of focus in Europe, with Prime Minister Boris Johnson of the UK insisting there will be no need to extend the transition period following Britain's departure from the EU beyond the end of next year.

On the data and earnings front, no major releases were scheduled for the day.

In Britain, the FTSE 100 traded flat at 7:56 am ET. The DAX and CAC 40 fell 0.07% and 0.13%, respectively, at the same time.

The cable gained 0.19%, with the pound buying $1.29287 at 7:57 am ET, while the euro advanced 0.07% against the US dollar going for $1.10616 at the same time.

Breaking the News / GG

The FT Recommendations dated the 14th of November 2019 are even stronger they are as follows:
8 Buy
6 Outperform
8 Hold
1 Underperform
0 Sell

8 Buys
7 Holds
0 Sells

If it remains there the opening on Monday morning will be positive

Maybe an article on how Tullow’s shares were over sold and are now a sure thing.

Thanks Auson, I’ll take a look at HGM.

Yes the US - China trade deal will cause a rally.
This is the 15th of November, by the 15th of December Tullow’s share price could be a totally different picture.

Hard work here for me but at least it’s only one share which will more than likely turn upward.

Sure they, you’re 100% right. It’s proof the the market is just going through the motions.
Wealth changing hands.

Tullow
Are under pressure to get a deal done in Uganda. They may come out with something not entirely in their favour but it will have a positive impact on their debt plus they will still have the 87k bopd income.
This could result in the pos turning quickly.

Hello Fernan10 I believe it has little to do with oil quality and more to do with wealth changing hands.

Jmho

Hello Auson... I think this will recover about 1/2 of the drop relatively quickly (a couple of weeks) but the upper end will be harder although positive news flow would help.

Best to sit and hold for the time being (as you say) and to avoid the msg board as there’s a lot of shorters around.
Maybe it’s not so hard if you haven’t been caught in the drop.
A couple of weeks ago I was like a one man msg board on here, days on end with me posting to myself.. now it’s a mad house.. Good time to do Christmas shopping, walk the dog, start a family...
It’ll recover,

Bol & happy Friday

European stocks jumped in premarket trading on Friday on fresh hopes the United States and China will resolve their ongoing trade dispute after White House economic adviser Larry Kudlow noted the two sides are "getting close" to an agreement. On the data front, investors will be awaiting inflation and trade balance figures from the Eurozone schedule for release later in the day.

The FTSE 100 rose 0.52% at 7:37 am CET, the DAX climbed 0.64% at 7:38 am CET and the CAC 40 added 0.54% at 7:33 am CET. The euro and the pound both traded flat against the dollar to sell for 1.10222 and 1.28790, respectively, at 7:40 am CET.

Breaking the News / NP

I am wiser than this lot

Board today..

The war between the shorts and the longs wages on.

Hold on to your own ideas with strength and purity, and whatever obstructions may now be in your way, the world is bound to listen to you in the long run.

The haircut was too ridiculous.

European stocks declined in premarket trading on Thursday as hopes of the United States and China reaching a trade agreement faded after reports emerged the two sides hit the wall in talks over the purchase of US agricultural products by China.

Investors also kept an eye on corporate earnings and economic data with RWE and Henkel among companies which reported results before the bell. On the data front, market watchers awaited GDP figures from Germany and the Eurozone, as well as United Kingdom retail sales numbers.

The FTSE 100 lost 0.21% at 7:42 am CET, the CAC 40 decreased by 0.16% at 7:40 am CET and the DAX dipped 0.03% at 7:44 am CET. The euro was down 0.11% against the dollar to sell for 1.09960 at 7:48 am CET and the pound traded 0.15% lower compared to the greenback to go for 1.28334 at 7:49 am CET.

Breaking the News / NP

I don’t think tunnel I have been economical with the truth but I do believe they have been economical with information on the current situation in Uganda.
Uganda’s energy minister FID by year end.
https://www.cnbcafrica.com/videos/2019/11/08/africa-oil-week-uganda-energy-minister-gives-update-on-tullow-oil-lake-charles/

And Uganda’s president has given the three oil companies one month to reach agreement.

https://allafrica.com/stories/201911090110.html

Tullow May have news regarding Uganda soon enough.

Addicknt multiply 87 thousand by 365 and the point I make has the content.. the market were told about nearly (no even) a 3% shortfall in production and are reacting like its 30%

The market makers are having a laugh. Eco-Atlantic down 50% and Tullow down 25%. Remind me again why Tullow are you are down... Sulphur in the oil and we’re only producing 87 thousand bopd instead of 90 bopd, that’s a 3k difference... big deal.