Republic's exports fall amid economic concerns in Europe BelfastTelegraph.co.uk Exports from the Republic fell by 14% in June from a year earlier as woes in the eurozone took their toll on the economy and uncertainty over Brexit hit sales to the UK. https://www.belfasttelegraph.co.uk/business/northern-ireland/republics-exports-fall-amid-economic-concerns-in-europe-38407094.html https://www.belfasttelegraph.co.uk/news/world-news/article38407913.ece/344dd/AUTOCROP/h342/PANews%20BT_P-bd65a6ab-41af-4607-89ec-03e4fc029cd3_I1.jpg Email Exports from the Republic fell by 14% in June from a year earlier as woes in the eurozone took their toll on the economy and uncertainty over Brexit hit sales to the UK. But despite the poor June export figures, the overall performance in the first half of 2019 was still better than expected. Exports to the EU plunged by €552m (£507m) or 9% in the month from a year earlier, a period that saw the German economy contract along with that of the … [Read more...] about Republic’s exports fall amid economic concerns in Europe
Sections SEARCH Skip to content Skip to site index Business Log In Subscribe Log In Today’s Paper Business | British Pound Tumbles, Reflecting Economic Concerns in U.K. Advertisement Supported by ByKevin Granville and Amie Tsang July 9, 2019 LONDON — The pound tumbled against the dollar on Tuesday, as investors grew worried about Britain’s economic prospects and the specter of a no-deal Brexit. The pound has been sliding during the last few weeks, but on Tuesday, it slipped about 0.5 percent, falling to $1.24, its lowest level in two years. The fall below $1.25 was significant, said Lee Hardman, a currency analyst at MUFG Bank, suggesting to investors that there were broad worries about the British currency. “It opens the door to further downside potential,” he said. “There are very few positives for the pound,” he added. Among the concerns was the growing … [Read more...] about British Pound Tumbles, Reflecting Economic Concerns in U.K.
Tsuyoshi Inajima and Grant Smith, Bloomberg 7:02 am CDT, Tuesday, June 25, 2019 FILE - In this Thursday, Aug. 31, 2017, file photo, a flame burns at the Shell Deer Park oil refinery in Deer Park, Texas. FILE - In this Thursday, Aug. 31, 2017, file photo, a flame burns at the Shell Deer Park oil refinery in Deer Park, Texas. Photo: Gregory Bull, AP Photo: Gregory Bull, AP Image 1 of / 1 Caption Close Image 1 of 1 FILE - In this Thursday, Aug. 31, 2017, file photo, a flame burns at the Shell Deer Park oil refinery in Deer Park, Texas. FILE - In this Thursday, Aug. 31, 2017, file photo, a flame burns at the Shell Deer Park oil refinery in Deer Park, Texas. Photo: Gregory Bull, AP Oil … [Read more...] about Oil steadies as Iran tensions mingle with economic concerns
By Henning Gloystein SINGAPORE (Reuters) – Oil prices fell on Wednesday on concerns the Sino-U.S. trade war could trigger a global economic downturn, but relatively tight supply amid OPEC output cuts and political tensions in the Middle East offered some support. Front-month Brent crude futures, the international benchmark for oil prices, were at $69.85 at 0101 GMT, down 26 cents, or 0.4%, from the last session’s close. U.S. West Texas Intermediate (WTI) crude futures were at $58.70 per barrel, down 44 cents, or 0.7%, from their last settlement. “Crude oil was weak … primarily as the bears on demand are winning compared to the bulls on supply,” James Mick, managing director and energy portfolio manager with U.S. investment firm Tortoise, said in an investor podcast. “Investors are concerned from a macro perspective about worldwide demand, particularly in the face of the growing trade dispute between the U.S. and China,” he said. Fawad … [Read more...] about Oil prices fall as economic concerns outweigh supply risks
By Avantika Chilkoti WSJ Tues., Jan. 22, 2019 Global stocks dipped Tuesday as concerns over global growth resurfaced, leaving investors questioning whether the strong start to 2019 was a sign of the year ahead or simply a fleeting moment of optimism. In Europe, the Stoxx Europe 600 was down 0.3% in morning trading, with all of the regional indexes moving lower. Most Asian markets also fell, with China’s Shanghai Composite down 1.2%, Japan’s Nikkei 0.5% lower and Hong Kong’s Hang Seng Index losing 0.7%. Futures pointed to opening falls of 0.6% for both the S&P 500 and the Dow Jones Industrial Average when they open following a three-day break after Martin Luther King Jr. Day. Moves in futures don’t necessarily reflect market moves after the opening bell. Concerns around global growth have weighed on equity markets this week. The International Monetary Fund reduced its forecast for global economic growth in 2019 to 3.5% from a 3.7% estimate … [Read more...] about Global Stocks Slip as Economic Concerns Resurface