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CAC 40 Drifts Lower On China Growth Concerns, Inflation Worries

RTTNews | Před 727 dny

CAC 40 Drifts Lower On China Growth Concerns, Inflation Worries

(RTTNews) - French stocks fell on Tuesday amid China growth concerns and lingering worries surrounding inflation and interest-rate rises.

The benchmark CAC 40 was down 60 points, or 0.8 percent, at 7,289 after closing 0.1 percent higher the previous day.

Banks BNP Paribas and Credit Agricole fell around 1 percent each as bond yields across Europe jumped on data showing U.K. wage growth hit a record in the three months to June.

U.K. wage growth accelerated at the strongest pace on record in the second quarter, adding to worries for the Bank of England about long term inflation pressures.

The euro remained on defensive mode ahead of U.S. retail sales data due later in the day and Wednesday's release of the minutes from the Fed's latest policy meeting.

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Swiss Market Fails To Hold Early Gains, Ends Just Slightly Up

Swiss Market Fails To Hold Early Gains, Ends Just Slightly Up

Despite opening on a firm note, the Switzerland market paring gains and even slipped into negative territory in late afternoon trades on Monday, but managed to end the day's session slightly up.

RTTNews | Před 2 h 10 min

European Stocks Close On Mixed Note After Cautious Session

European Stocks Close On Mixed Note After Cautious Session

European stocks turned in a mixed performance on Monday after a cautious session as investors looked ahead to upcoming talks between the U.S. and Russia on the Ukraine war issue, and the ongoing tariff negotiations between the U.S. and China, as well as some crucial economic data, including a report on consumer price inflation in the world's largest economy.

RTTNews | Před 2 h 34 min

Rate Cut Hopes Drag The Dollar Down

Rate Cut Hopes Drag The Dollar Down

The U.S. dollar declined against major currencies during the week ended August 8 amidst weak economic data that renewed hopes of a larger-than expected and higher-than-expected monetary policy easing by the Federal Reserve.

RTTNews | Před 5 h 14 min

Bay Street Likely To Open Slightly Higher, But Weak Metal Prices Could Weigh

Bay Street Likely To Open Slightly Higher, But Weak Metal Prices Could Weigh

Canadian stocks may open with a slightly positive bias on Monday with investors looking ahead to the crucial U.S. inflation data due this week. The focus is also Trump administration's trade negotiations with China, and on the upcoming talks between the U.S. and Russia, aimed at bringing an end to the war in Ukraine.

RTTNews | Před 7 h 27 min

FTSE 100 Up Marginally As Investors Look For Direction

FTSE 100 Up Marginally As Investors Look For Direction

The U.K. market is up in positive territory a little before noon on Monday with select counters attracting some strong buying interest. Uncertainty on the tariff front is rendering the mood a bit cautious and limiting the market's upside.

RTTNews | Před 9 h 2 min

CAC 40 Drifts Lower In Lackluster Trade

CAC 40 Drifts Lower In Lackluster Trade

French stocks are down in negative territory on Monday as investors look for direction and make cautious moves while awaiting U.S. - Russia talks set to take place later in the week.

RTTNews | Před 9 h 22 min

Sensex Jumps 746 Points As Focus Shifts To Trump-Putin Talks; Nifty Ends At 24,585

Sensex Jumps 746 Points As Focus Shifts To Trump-Putin Talks; Nifty Ends At 24,585

Indian shares rose notably on Monday, with benchmark indexes Sensex and Nifty both rising around 1 percent after six straight weeks of declines.

RTTNews | Před 9 h 29 min

DAX Modestly Lower In Cautious Trade; Defense Stocks Drift Lower

DAX Modestly Lower In Cautious Trade; Defense Stocks Drift Lower

After opening slightly up, the German market retreated Monday morning with investors largely turning cautious, as they continue to assess the impact of U.S. tariffs and the ongoing uncertainty on the geopolitical front.

RTTNews | Před 9 h 38 min

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