Advertisement
CAC 40 Edges Higher As Investors Shrug Off Hawkish Fed Minutes
(RTTNews) - French stocks were slightly higher on Wednesday despite the latest FOMC minutes offering no indication of possible rate cuts.
Hamas and Israel have agreed to a Qatar-mediated pause in fighting, helping ease Middle East tensions.
The deal includes the release of 150 Palestinian prisoners held in Israeli jails in exchange for 50 people held captive by Hamas in Gaza since the armed group that rules the enclave stormed southern Israel on October 7.
The benchmark CAC 40 was up 31 points, or 0.4 percent, at 7,260 after declining 0.2 percent in the previous session.
Retail company Casino Group fell 1.3 percent after warning of likely 2023 losses for its core French business.
read more
New Zealand Unemployment Data Due On Wednesday
New Zealand will on Wednesday release Q2 figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is expected to tick up to 5.3 percent from 5.1 percent following a 0.1 percent loss in employment.
RTTNews
|
26 minutos atrás
U.S. Dollar Declines Amid Soft ISM PMI Data
The U.S. dollar dropped against its most major counterparts in the New York session on Tuesday amid soft ISM services PMI data for July.
RTTNews
|
1h 6min atrás
TSX Up More Than 2% On All-round Buying As Investors Bet On Fed Rate Cut Hopes
The Canadian market is up sharply on Tuesday with traders picking up stocks across the board, betting on hopes of an interest rate cut by the Federal Reserve next month.
RTTNews
|
4h 25min atrás
Swiss Market Ends Modestly Higher
The Switzerland market closed modestly higher on Tuesday after staying positive right through the day's trading session, with investors mostly reacting to the latest quarterly performance of big name companies.
RTTNews
|
4h 59min atrás
European Stocks Close Broadly Higher
European markets closed mostly higher on Tuesday, although gains in most of the markets were just marginal or modest, as investors stayed somewhat cautious, reacting to a mixed batch of economic data, and assessing the impact of steep U.S. tariffs on the global economy.
RTTNews
|
5h 19min atrás
U.S. Service Sector Growth Unexpectedly Slows In July
A report released by the Institute for Supply Management on Tuesday unexpectedly showed a modest slowdown in the pace of growth by U.S. service sector activity in the month of July. The ISM said its services PMI edged down to 50.1 in July from 50.8 in June. While a reading above 50 still indicates growth, economists had expected the index to rise to 51.5.
RTTNews
|
7h 56min atrás
U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge
The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.
RTTNews
|
8h 42min atrás
U.S. Trade Deficit Narrows Slightly More Than Expected In June
The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday.
RTTNews
|
9h 47min atrás
