CAC 40 Climbs As Investors Await Fed Meeting Outcome

RTTNews | Před 935 dny
CAC 40 Climbs As Investors Await Fed Meeting Outcome

(RTTNews) - French stocks rose notably on Wednesday, Eurozone bond yields struggled for direction and the dollar dipped as investors awaited the U.S. Fed's monetary policy announcement later in the day.

The U.S. central bank is widely expected to raise interest rates by another 75 basis points, but investors are pinning hopes that the Fed will signal plans to slow the pace of rate hikes at upcoming meetings.

The benchmark CAC 40 was up 46 points, or 0.7 percent, at 6,374 after climbing 1 percent in the previous session.

Sodexo shares fell about 2 percent as the food services and facilities management company announced its strategic plans to accelerate future revenue growth.

The company said that it is confident of achieving 8-10 percent organic revenue growth at constant rates for 2023, if it could implement its plans successfully.

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Malaysia Stock Market May See Renewed Consolidation

Malaysia Stock Market May See Renewed Consolidation

The Malaysia stock market on Friday ended the six-day losing streak in which it had tumbled more than 55 points or 3.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,535-point plateau although it's expected to open under pressure again on Monday.
RTTNews | Před 17 minutami
Japan Shares May Head South Again On Monday

Japan Shares May Head South Again On Monday

The Japanese stock market on Friday snapped the two-day slide in which it had dropped almost 550 points or 1.5 percent. The Nikkei 225 now sits just above the 37,160-point plateau although it may hand back those gains on Monday.
RTTNews | Před 32 minutami
South Korea Bourse May Extend Losing Streak

South Korea Bourse May Extend Losing Streak

The South Korea stock market has finished lower in back-to-back sessions, sinking almost 35 points or 1.4 percent along the way. The KOSPI now rests just above the 2,590-point plateau and it may take further damage on Monday.
RTTNews | Před 47 minutami
Japan Leading Index Data Due On Monday

Japan Leading Index Data Due On Monday

Japan will on Monday see March results for its leading and coincident indexes, highlighting a modest day for Asia-Pacific economic activity.
RTTNews | Před 1 h 47 min
Euro Slips On Trump's Tariff Proposal

Euro Slips On Trump's Tariff Proposal

The euro fell against its major counterparts on Friday, as President Donald Trump proposed tariffs on imports from the European Union starting on June 1.
RTTNews | Před 2 dny
Swiss Market Ends Weak On Tariff Concerns

Swiss Market Ends Weak On Tariff Concerns

After opening on a positive note and staying above the flat line till about an hour past noon, the Switzerland market tumbled on Friday, hurt by U.S. President Donald Trump's threat that imports from the European Union will face 50% tariffs from June 1st.
RTTNews | Před 2 dny
European Stocks Closed Weak On Trump's Fresh Tariff Threat

European Stocks Closed Weak On Trump's Fresh Tariff Threat

European stocks closed on a weak note on Friday despite staging a fairly strong recovery past mid afternoon. After staying modestly higher till noon, the major European markets tumbled after U.S. President Donald Trump threatened to impose 50% tariffs on imports from the European Union from June 1st.
RTTNews | Před 2 dny
TSX Recovers After Early Setback; Materials Stocks Move Higher

TSX Recovers After Early Setback; Materials Stocks Move Higher

After a weak start and a subsequent drop to lower levels, the Canadian market recovered well and is down just marginally a little past noon on Friday. The early setback was due to U.S. President Donald Trump's threat that 50% tariffs will be imposed on imports from the European Union beginning June 1st.
RTTNews | Před 2 dny