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Europe rises premarket despite Brexit concerns
Markets across Europe rose in premarket trading despite lingering concerns regarding Britain's withdrawal from the European Union. Yesterday, Prime Minister Theresa May said it is "impossible" to rule out a no-deal Brexit and her spokeswoman rejected a possibility of an extension of Article 50. Meanwhile, a report emerged that the United States was considering lifting tariffs on China, but it was dismissed shortly after that.

In Frankfurt, the DAX increased by 0.64%. The CAC 40 added 0.62% in premarket trading, while London's FTSE 100 went up 0.49%.

The euro was flat against the dollar, selling for $1.13962 at 7:58 am CET, while the pound declined by 0.09% against the greenback at the same time, to go for $1.2976.

Breaking the News / NI

Happy Friday y’al

- 0.05% - 0.65 1290.81

High of the day 1291.94

Oil prices down over 1% on US inventories jump

Oil futures traded over 1% lower on Thursday as investors digested another increase in United States crude stockpiles. The latest report from the US Energy Information Administration (EIA) showed the country's inventories jumped by 2.7 million barrels to 437.1 million barrels last week. The EIA also stated that US gasoline production rose in the week ending January 11, averaging 9.6 million barrels per day.

Meanwhile, the Organization of the Petroleum Exporting Countries (OPEC) projected in its monthly report that the global oil demand to grow by 1.29 million barrels per day (mbpd) in 2019 to amount to 100.08 mbpd and added it expects global crude supply to decline by 60,000 barrel per day this year.

Brent for deliveries in March slid 1.29% to sell for $60.45 per barrel at 1:23 pm CET and West Texas Intermediate (WTI) for February delivery dropped 1.57% to go for $51.40 per barrel at the same time.

Breaking the News / NP

Europe lower in premarket after UK govt survives vote
European stocks fell in premarket trading on Thursday as investors remained concerned about the outcome of Brexit.

United Kingdom Prime Minister Theresa May's government survived yesterday's no-confidence vote, but market watchers remained concerned after Labour leader Jeremy Corbyn refused to meet her for talks on an alternative deal unless she took the no-deal scenario off the table. Meanwhile, May insisted that her government will honor the outcome of the referendum from 2016 and leave the European Union by late March, despite some reports claiming Britain's exit from the bloc could be postponed.

The FTSE 100 declined 0.48% premarket, the DAX lost 0.45% and the CAC 40 was down 0.47%. The euro was flat against the dollar, going for 1.1390 at 7:45 am CET and the pound dipped 0.05% compared to the US currency to sell for 1.2875 at the same time.

Breaking the News / NP

- 0.10% - $1.23 1291.90

High of the day $1295.38

If you’re invested in Boohoo as gggg21 commented earlier, you should listen to this recording...

http://staticcontents.investis.com/media/b/boohoo/trading-update-15-01-19.mp3

Oil trades in the red after EIA report, WTI down 1%
Oil prices traded in the red on Wednesday, reversing gains from earlier in the session as investors digested the latest Energy Information Administration (EIA) report. According to the report, American crude stockpiles declined by 2.7 million barrels in the last week but the fuel inventories recorded a rise which drew the crude values into the negative territory. Meanwhile, market watchers also continue to worry about the global economic expansion slowdown, which could negatively affect the demand for oil.

However, the Organization of the Petroleum Exporting Countries' (OPEC's) and other major oil producers' efforts to implement production caps continued to boost crude values, offsetting some of the losses.

West Texas Intermediate (WTI) for February delivery dropped 1.11%, changing hands for $51.33 per barrel at 5:03 pm CET, while international benchmark Brent for settlements in March fell 0.78% to trade for 60.10 per barrel at 5:05 pm CET.

Breaking the News / MA

Currently + 0.40% +$5.22 1294.31

High of the day 1294.97

...I have witnessed Tullow share reaction on report days many times and they never move to any great consequence in either direction. What will move the share price is the price of crude heading upward. Crude is currently trending upward although it seems to have stalled around $60 pb if it regains traction and makes it to $70 Tullow will ajust accordingly. At $70 I see Tullow at £2.30. This may well be interrupted of course by other news be it positive or negative.

Europe higher in premarket after Brexit deal vote
European stocks rose in premarket trade on Wednesday following the historic defeat of British Prime Minister Theresa May's Withdrawal Agreement in Parliament. Lawmakers overwhelmingly rejected May's deal with Brussels, followed by opposition leader Jeremy Corbyn tabling a no-confidence vote in the government.

The DAX gained 0.36%, the CAC 40 jumped 0.42%, while the FTSE 100 added 0.10% before the opening bell on major European stock exchanges.

The euro was down 0.09% against the dollar at 8:07 am CET, buying 1.1402.

Breaking the News / JC

+ 0.22% + $2.97 1292.03

High of the day $1292.78

Boohoo announced interim results on September 26th the pps rose but didn’t hit the 52wk high until five business days later on October 2nd.

..the perfect storm

Europe rises in premarket ahead of Brexit deal vote
European stocks rose in premarket trade on Tuesday as investors anticipate the crucial meaningful vote on the Brexit withdrawal deal scheduled for later today. As it stands at the moment, the agreement negotiated by the Prime Minister Theresa May has little chances of securing MPs approval, considering the opposition, even from within May's own Conservative Party, to the contentious Irish backstop clause. If May loses the Parliament vote, she has three days to outline what she plans to do next in the process of the country's departure from the EU. It was reported earlier that May will push for a second Brexit vote if her deal fails in the Parliament.

The FTSE 100 traded 0.61% in the positive territory before the opening bell, while the DAX rose 0.82% at the same time. Meanwhile, in Paris, the CAC 40 rose 0.68% in premarket trading. The euro was up 0.06% against the dollar to sell for 1.1475 at 8:11 am CET, while the pound increased 0.21% versus the US currency to go for 1.2897 at the same time.

Breaking the News / FH

Europe rises in premarket ahead of Brexit deal vote
European stocks rose in premarket trade on Tuesday as investors anticipate the crucial meaningful vote on the Brexit withdrawal deal scheduled for later today. As it stands at the moment, the agreement negotiated by the Prime Minister Theresa May has little chances of securing MPs approval, considering the opposition, even from within May's own Conservative Party, to the contentious Irish backstop clause. If May loses the Parliament vote, she has three days to outline what she plans to do next in the process of the country's departure from the EU. It was reported earlier that May will push for a second Brexit vote if her deal fails in the Parliament.

The FTSE 100 traded 0.61% in the positive territory before the opening bell, while the DAX rose 0.82% at the same time. Meanwhile, in Paris, the CAC 40 rose 0.68% in premarket trading. The euro was up 0.06% against the dollar to sell for 1.1475 at 8:11 am CET, while the pound increased 0.21% versus the US currency to go for 1.2897 at the same time.

Breaking the News / FH

Gold -0.10% -1.23 1290.43
high of the day $1293.43

Crude currently + 0.81% + 0.48 $58.90
High of the day $59.90

(The day before the Q3 figures were released)

was £193.55

And the height of the day on Sept 26th was £214.70

...gold trying to rally currently + $5.56 1293.97 high of the day now $1294.54

Europe lower in premarket, Brexit in focus
Major markets in Europe were in the red during premarket trading on Monday as British Prime Minister Theresa May is expected to say later today that the parliament is more likely to block Brexit altogether than allow the United Kingdom to leave the European Union without a deal. Meanwhile, as Europe prepares for Parliament elections, Italian Minister of European Affairs Paolo Savona said that the economic crisis in the EU was already underway.

The FTSE 100 declined 0.54%, while the French CAC 40 dropped 0.72% in premarket trading. Meanwhile, the German DAX fell 0.66%.

The euro gained 0.08% against the greenback, to change hands for 1.1472 at 8:14 am CET.

Breaking the News / BM

+ 0.19% +2.244 1290.77 high of the day 1292.77