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Shares in Europe were mostly higher in premarket trading on Monday as the United Kingdom braces for the confirmation vote on the Brexit delay bill that passed the House of Lords on Friday and is set to be signed by the Queen. MPs will also debate and vote again on holding a snap election, pushed for by Prime Minister Boris Johnson, but rejected last week as the motion requires a two-thirds majority.

Investors are also anticipating a string of economic data, with Germany's trade balance figures coming out before the bell.

The DAX climbed 0.16% at 7:40 am CET. The FTSE 100 was 0.32% in the green at the same time. The CAC 40 slid 0.06% at 7:43 am CET.

The euro was flat against the dollar, buying $1.10262 at 7:46 am CET, while the pound decreased by 0.20%, going for $1.22663.

Breaking the News / NI

Originally posted on ECO Atlantic’s page by Zebro, I find the existence of this article unbelievable.

https://www.petroleum-economist.com/articles/upstream/exploration-production/2019/guyana-tipped-for-another-find

Have a great weekend everyone

European markets traded lower in premarket trading on Friday amid political tensions in the United Kingdom ahead of the country's scheduled exit from the European Union.

After UK lawmakers passed a bill requiring that UK Prime Minister Boris Johnson ask the EU to postpone Brexit until January if a deal is not reached in time, Johnson claimed he would "rather be dead in a ditch" than ask for another delay. He also slammed Labour Leader Jeremy Corbyn for opposing a snap general election and insisted it should be the British people who decide if they want Brexit in October or later.

The FTSE 100 fell 0.21% at 7:46 am CET, the DAX dipped 0.04% and the CAC 40 lost 0.21% at the same time. The pound was down 0.06% against the dollar to go for 1.23229 at 7:47 am CET, while the euro added 0.07% compared to the US currency to sell for 1.10423.

Breaking the News / NP

Maverick7 you’re correct with your 1.7%.
I was trying to arrive at the % by reverse calculations and screwing up the result.
You’re right there’s nothing wrong with getting the 1.7% but if the drill is positive and the pps jumps prior to the dividend qualifying date (which I believe is the 18th) I’m going to sell in favour of greater profits on the day.

https://www.tullowoil.com/investors/shareholder-centre/dividend-information

...I’m thinking the dividend is more like .01% than .05
It’s not worth getting to bothered about that’s for sure.

The rise has to be a mixture of both. Royal Dutch Shell are off by .04% While British Petroleum are up 1% ECO Atlantic are up circa 7% and Tullow by around 5. It has to be a mix of expectation on drill result and crude recovery.
I’m sorta hoping the Joe result isn’t announced until after September 18th because as far as I know if I trade out prior to this date I’ll miss qualifying for the divi payment.
Of course a favourable drill result is way more important than a .05% dividend.
It’s decent to see Tullow recovering even with the market knowing about Uganda.

European stocks traded largely in the green in premarket on Thursday after lawmakers in the United Kingdom adopted a bill obliging Prime Minister Boris Johnson to secure a deal with the European Union before the country can withdraw from the bloc. They also voted not to hold a snap election on October 15 as Johnson had initially requested. In other news, investors awaited factory data for Germany due for release before the opening bell.

The DAX was up 0.96% while the FTSE 100 gained 0.42% at 7:41 am CET. The CAC 40 rose 0.86% at the same time.

The euro was flat against the dollar to go for 1.11006 at 7:41 am CET while the British pound dropped 0.12% versus the greenback to go for 1.2241 at the same time.

Breaking the News / DZ

European markets traded with gains on Wednesday after the United Kingdom Parliament voted in favor of starting the debate on a Brexit bill which would force Prime Minister Boris Johnson to ask the European Union to extend the Brexit deadline to January 31 next year. During the morning trading session in Europe, investors will be on the lookout for PMI data from Germany, the UK and the EU as well as EU retail sales figures.

The DAX jumped 0.61% at 7:34 am CET and the FTSE 100 was 0.34% in the green at the same time. France's CAC 40 was up by 0.09% at 7:35 am CET.

After trading below the 1.20-mark a day earlier, the pound was 0.21% higher against the dollar at 7:36 am CET, going for 1.21077. The euro was flat against the US currency and changed hands for 1.09756, increasing 0.02% at 7:36 am CET.

Breaking the News / VP

European shares were mixed in premarket trade on Tuesday after China announced new tariffs on phenol from the European Union and the United States.

Meanwhile, Brexit continues to dominate the news as MPs in the United Kingdom combat a potential no-deal with Brussels. Prime Minister Boris Johnson reiterated his intention to take the UK out of the bloc on October 31 no matter the circumstances.

The DAX was down 0.05% at 7:37 am CET, while the CAC 40 fell 0.24%. Meanwhile, the FTSE 100 gained 0.10%.

The euro lost 0.28% against the dollar at 7:39 am CET, buying 1.109391 as the pound declined 0.34% versus the greenback, going for 1.20240.

Breaking the News / JC

Stock markets in Europe traded mostly higher in premarket on Monday as the uncertainty surrounding Brexit continued. Earlier, reports emerged that the United Kingdom might be faced with a general election in the near future after Prime Minister Boris Johnson threatened to withdraw the whip from dozens of Conservative MPs if they support plans to stop a disorderly withdrawal from the European Union.

The German DAX lost 0.16% at 7:50 am CET. The CAC 40 added 0.27% at the same time, while the British FTSE 100 gained a modest 0.09% at 7:51 am CET.

The euro and the pound traded flat against the US dollar, to go for 1.09886 and 1.21613, respectively, at 7:52 am CET.

Breaking the News / GG

Thanks Maverick7

A welcome reminder that positive progress is continuing.

May it all go our way.

European stocks rose in premarket trading on Friday after United States President Donald Trump said that his country is resuming trade talks with China. Meanwhile, the Chinese Commerce Ministry urged the US to cancel the latest tariffs and stressed that both Washington and Beijing have to "create conditions" for progress on reaching an agreement if negotiations do take place.

The FTSE 100 added 0.17% at 7:33 am CET, the DAX was up 0.29% at the same time and the CAC 40 increased by 0.10% at 7:40 am CET. The euro lost 0.08% against the dollar to sell for 1.10477 at 7:36 am CET.

Breaking the News / NP

Above $61.

It it remains up until 8am is an entirely different matter

This is a serious buying opportunity... current real price is £2.07
For anyone who is interested in getting in pre Joe it’s not gonna get much cheaper

IMO

Maverick7, you’ve given me something positive to hope for.

Tullow May announce at anytime that they have progressed with negotiations in Uganda or improved/recovered on production, both of which are negatively priced in to the current pps.

Good points, cheers.

European stocks fall premarket on trade concerns

European stocks declined in premarket trading on Thursday as concerns over the trade war between the United States and China persisted.

White House economic adviser Peter Navarro said that it is unlikely that Washington and Beijing will find a quick resolution to the ongoing trade dispute. Meanwhile, fears of a no-deal Brexit also affected the markets after Queen Elizabeth II approved United Kingdom Prime Minister Boris Johnson decision to suspend Parliament until mid-October, leaving lawmakers with less time to discuss the country's departure from the European Union.

The FTSE 100 dipped 0.10% at 7:33 am CET, the DAX decreased by 0.14% at the same time and the CAC 40 fell 0.34% at 7:48 am CET.. The euro added 0.06% against the dollar to sell for 1.10838 at 7:35 am CET, while the pound traded flat compared to the US currency to go for 1.22068 at 7:36 am CET.

Breaking the News / NP

It’s about time the share price started to head upward.

I’m not in a good place, I invest in Centamin the gold miner as well as Tullow and around mid June I sold my Cey and bought Tlw and you can guess what happened, Tlw went south while Cey prospered. So much so they are practically 1/3 higher than they were when I sold. I just got it wrong. I’ve no doubt Tullow will fly.. I’m reluctant to say £3.00 but I think £2.70 is certain.
As you can guess I’m kinda cross.
There’s a couple of points. Tullow are usually more liquid, meaning they move about easier than they have been doing lately, and the second if the second well, JOE is a successful drill forget liquidity Tullow will jump.
To quote my own advice, patience, utterly patient...

With my calculations on where I should be, I could bleeping scream!
But there’s good times coming.

European stocks traded lower in premarket amid trade developments
Stocks in Europe traded in the red in premarket on Wednesday as investors are monitoring the potential restart of US-China trade talks, keeping an eye on comments from both countries as well as on the latest political developments in Europe. After US President Donald Trump signaled a potential rapprochement in trade relations on Monday, Hu Xijin, editor-in-chief of the Beijing-based Global Times wrote yesterday that the Asian nation is stepping up efforts to boost domestic consumption and make its economy independent from the US, casting fresh doubts on the outcome of the trade dispute.

Meanwhile in Italy, the coalition talks, which ran into the first major obstacle yesterday, are set to resume today.

Furthermore, investors will be in for a fresh batch of data later in the day.

The DAX lost 0.16% at 7:24 am CET, while the CAC 40 lost 0.38% at the same time. The British FTSE 100 declined 0.12% a minute later.

The euro trade flat against the US dollar, changing hands for 1.10875 at 7:25 am CET.

Breaking the News / GG

Europe opens lower after G7 summit ends
European stocks opened in the red on Tuesday after the G7 summit in Biarritz, France, ended on Monday. Germany's Economy Minister Peter Altmaier said that he was under the impression that the United States wanted to reach a solution on trade with the European Union although negotiations would be "difficult." Germany's GDP also fell by 0.1% in the second quarter of the year compared to the first. In other news, investors awaited a speech by the European Central Bank's Vice President Luis de Guindos later in the day.

The CAC 40 was down 0.18%, the DAX dropped 0.22% as Merck tumbled 0.74% while the FTSE 100 fell 0.31% on the back of Carnival Plc's losses of 2.18% at the opening bell.

The euro was flat against the dollar to go for 1.1103 at 8:59 am CET.

Breaking the News / DZ