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The Irish Times
Wednesday, June 19, 2013
Commodities
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    • Britain to start sale of Lloyds soon, review RBS split
    • O’Rourke ruled out of European Team Championships
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    • Taoiseach Enda Kenny makes a point to  US president Barack Obama and Britain’s prime minister David Cameron during a walk at the G8 summit  at Lough Erne  in Enniskillen, Co Fermanagh. Photograph:  Matt Cardy/Getty Images Daly attacks ‘slobbering’ over Obamas
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    • Manchester United players standing in an open-topped bus cheer during the team’s victory parade to celebrate winning the Premier League for the 13th time.  Photograph:  Lindsey Parnaby/Getty Images Swansea provide Moyes with first test
    • Gale Force Ten ridden by Joseph O’Brien (left) leads on the way to winning the Jersey Stakes ahead of Montiridge ridden by Richard Hughes  during day two of the Royal Ascot meeting. Photograph: Steve Parsons/PA Jockey Doyle gets Royal seal of approval
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    • Britain to start sale of Lloyds soon, review RBS split
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    • Nama invests £15 million in Belfast office development
    • Sunday Business Post to exit examinership tomorrow
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    • Prime Minister of Japan Shinzo Abe and Taoiseach Enda Kenny at a joint press conference at Government Buildings in Dublin today. Photograph: Julien Behal/PA Wire Kenny rules out income tax hikes in next budget
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    • Shareholders may have bloodied the nose of Elan management with their rejection of its investment plans at Monday’s extraordinary general meeting but, in its most recent update, Royalty had secured acceptances of less than 8 per cent of Elan’s stock. Words not figures proved the undoing of Royalty’s hostile Elan bid
    • Satisfied customers: Jaguar tops the manufacturers’ poll, and its XF saloon tops the individual-model list Who’s topping the list?
    • “For the Taoiseach it was an image to die for. There’s nothing a leader likes more than proximity to more powerful leaders.” US president Barack Obama, British prime minister David Cameron and Taoiseach Enda Kenny take a walk at the G8 summit at Lough Erne in Fermanagh. Photograph: Laura Hutton/Photocall Ireland Lough Erne G8 plan could spell trouble for Ireland’s corporate tax regime
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    • these halcyon days 300x150 Save €10 on a ticket to 'These Halcyon Days' at the Olympia Theatre on Thursday 13th June
    • Paul O’Neill training in the Dublin mountains for the fearsome Marmotte route. Photograph: Dara Mac Dónaill Alpine trek: the end of a journey only a bicycle could make possible
    • The Greenway in Westport, Co Mayo. Photograph: Dara Mac Dónaill Cycling holidays for beginners: a survival guide
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    • these halcyon days 300x150 Save €10 on a ticket to 'These Halcyon Days' at the Olympia Theatre on Thursday 13th June
    • In Howie the Rookie, Tom Vaughan-Lawlor isn’t playing two parts; the brilliance of his performance is that he’s playing every part. Like the speaker of an epic poem, he is the sole figure that unites everything Together at last
    • Scenes from Galway Arts Festival and Fabulous Beast Dance Theatre’s co-production of The Rite of Spring/ Petrushka. Photograph: Colm Hogan Bringing the Irish Beast to bear on a Russian masterpiece
    • Jon Hopkins performing in London in 2011: ‘For live shows . . . It’s quite physical – it certainly isn’t just me sitting quietly behind a laptop. And it’s very loud, very dancey.’ Photograph:  Hayley Madden/Redferns The emotional underground heartbeat of Jon Hopkins
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Commodities
 
Business 
Persistent worries that the US Federal Reserve may roll back its stimulus caused oil prices to fall below $103. Brent slips below $103 on stimulus worries
  • Commodities
  • June 6, 2013, 09:13

Surprise fall in crude stockpiles in the US helped stem the slide

  • 5 shared
Brent crude rose 16 cents to $102.59 a barrel this morning after the biggest fall in almost a month yesterday. Photograph: Lucy Nicholson/Reuters Brent climbs toward $103 after steep drop
  • Commodities
  • May 30, 2013, 09:14

Drop in dollar helps to restore oil price after biggest slide in amost a month yesterday

Brent crude has risen about $7 from the low of under $97 for the year touched on April 18th. Brent below $104 on demand worries, firm dollar
  • Commodities
  • May 17, 2013, 08:10

Bleak US economic data revives worries about demand growth

Brent crude was 18 cents lower at $102.67 a barrel by 7.42am, while US crude for June delivery was down 16 cents at $93.83 a barrel. Brent steadies below $103 on ECB rate cut
  • Commodities
  • May 3, 2013, 08:49

Cut in interest rates to record low boosts investor appetite for riskier assets

Brent above $100 as ECB rate cut supports risky assets
  • Commodities
  • May 2, 2013, 15:37

But global oil demand remains shaky and ample supple weighs on prices

Unsolid gold
  • Commodities
  • April 18, 2013, 06:01

  • 1 shared
Tullow Oil shares fell 4.9 per cent today, the lowest proce since December. Photograph: Shannon Stapleton/Reuters Tullow Oil falls to four-month low
  • Commodities
  • Bloomberg
  • April 15, 2013, 13:20

Shares slump after UK explorer postpones Ethiopia well

  • 2 shared
Cash bullion of 99.99 per cent purity sank as much as 8.4 per cent to 285.60 yuan a gram on the Shanghai Gold Exchange, the  lowest since February 2011. Photograph: Bobby Yip/Reuters Gold and silver drop as demand for haven assets contracts
  • Commodities
  • Bloomberg
  • April 15, 2013, 10:41

Price of metals for June delivery fell to lowest level in two years in Shanghai

  • 4 comments
  • 1 shared
The world's top oil forecasters this week all cut their 2013 oil demand forecasts due to subdued economic growth, but warned of lingering supply risks. Photograph: Reuters/Shannon Stapleton Oil holds above eight-month low
  • Commodities
  • April 12, 2013, 08:23

Top forecasters cut 2013 oil demand growth estimates as US jobs data and oil supply worries may support prices

A container area at Ningbo port, Zhejiang province. China saw a forecast-busting 14.1 per cent year on year surge in imports which eclipsed export growth of 10 per cent, signalling that domestic demand was gathering the steam needed to drive economic recovery. Photograph: Reuters Brent steadies as China import growth beats forecasts
  • Commodities
  • Reuters
  • April 10, 2013, 09:29

Tensions in Iran and North Korea also bolstered oil prices

Brent futures remained steady after signals the Federal Reserve?s bond-buying programme will continue. Oil nears $113 after Bernanke talk
  • Commodities
  • February 27, 2013, 00:00

Brent futures held near $113 (€86

Investors take profit on Brent crude as speculators have almost doubled their bets on an oil price rise since mid-December. Oil posts largest daily fall in 2013
  • Commodities
  • February 21, 2013, 00:00

Oil extended losses for a second session this morning, with Brent slipping toward $115 (€86

A sharp drop in Saudi Arabia's crude output boosts brent price. Brent crude rises towards $118
  • Commodities
  • February 18, 2013, 00:00

Brent crude rose slightly toward $118 a barrel this morning, underpinned by expectations of improving global growth despite some…

Higher demand forecasts support oil price. Oil near nine-month high
  • Commodities
  • February 13, 2013, 00:00

Brent crude steadied on this morning, holding just below a nine-month high near $119 (€85) per barrel on forecasts for faster…

An oil derrick at a fracking site for extracting oil outside of Williston, North Dakota. The price of oil rose today after reaching an 8-month low last week.  Photograph: Shannon Stapleton/Reuters Price of oil rises after dropping to 8-month low
  • Commodities
  • Reuters
  • April 8, 2013, 08:15

Brent crude reaches $105 per barrel

  • 1 shared
Yesterday’s slide in oil prices was triggered by a US jobs report that showed private sector hiring was less than expected in March. Photograph: Dimas Ardian/Bloomberg News Brent recovers from steep drop
  • Commodities
  • April 4, 2013, 08:48

Prices rise after biggest fall in five months following disappointing US jobs data

Oil prices dipped below $109 today.  Brent slips below $109 on euro zone worries
  • Commodities
  • March 27, 2013, 08:39

But robust US data provides brighter outlook for demand from biggest oil consumer

Worries the standoff between the West and Iran will escalate have kept Brent above $100 a barrel through most of 2012 and this year, despite weak demand. REUTERS/Shannon Stapleton Brent crude set for second weekly drop
  • Commodities
  • March 22, 2013, 08:20

Oil price on track to post 2% fall this week as investors fear further euro zone instability

  • 1 shared
Investors are looking to gold as a hedge against instability in the euro zone and inflation. Scott Olson/Getty Images Gold price rises on Cyprus worries
  • Commodities
  • March 22, 2013, 07:56

Metal on track for biggest weekly rise this year as investors seek safe havens

  • 7 shared
Brent crude held steady  this morning trade as Chinese manufacturing data pointed to a better fuel demand outlook. REUTERS/Shannon Stapleton Brent steady on Chinese data
  • Commodities
  • March 21, 2013, 07:52

Better fuel outlook in China offsets concerns about euro zone contagion from Cyprus

  • 1 shared
An oil drilling pump site outside of Williston, North Dakota. REUTERS/Shannon Stapleton Brent edges to $109 on euro zone concerns
  • Commodities
  • March 19, 2013, 07:50

Investors look to Federal Reserve policy meeting for clues on further QE as Cyprus due to vote on bank deposits levy today

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Latest Markets

Global markets mostly stuck to tight ranges this morning, with uncertainty about the future of the US monetary stimulus programme keeping investors on edge. Photo: Bloomberg Fed keeps markets on edge
Ryanir confirmed as the world’s most popular airline after IATA’s World Airline Transport Statistics showed it carried 79.6 million international passengers last year. Stocks rise in anticipation of US policy
National Treasury Asset Management chief executive John Corrigan (right) at NTMA briefing at the Treasury Building in Dublin. At left is Rossa White and centre Oliver Whelan. Bryan O'Brien / THE IRISH TIMES NTMA issues €500m of three-month bonds
Bond auction follows Ireland’s sale of 10-year bills earlier this month. Simon Dawson/Bloomberg NTMA to sell €500m of bonds this week
Brent crude rose slipped 2 cents to $106.32 a barrel by 0654 GMT, off an earlier high of $106.65. Photograph: Jin Lee/Bloomberg Brent steadies after hitting five-month low
Students  take part in an anti-Troika protest outside the Presidential palace in Nicosia. Cyprus's Stock Exchange extended an almost two-week shutdown after the island placed controls on currency transactions to prevent a run on deposits when banks reopen. Photograph: Yannis Behrakis/Reuters Cyprus bourse to remain shut amid currency controls

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