CAC 40 Edges Higher In Cautious Trade

RTTNews | Před 1069 dny
CAC 40 Edges Higher In Cautious Trade

(RTTNews) - French stocks edged up slightly on Thursday as investors reacted to dovish-sounding remarks by Federal Reserve Chair Jerome Powell and signs of easing COVID-19 curbs in China.

Investors await the release of final manufacturing PMI figures for November later in the day for directional cues.

The benchmark CAC 40 edged up 15 points, or 0.2 percent, to 6,753 after rallying 1 percent on Wednesday.

The U.S. dollar slumped in early European trade as Powell's remarks validated market expectations for a 50-basis point rate hike later this month.

Valneva SE shares jumped nearly 5 percent. Pfizer Inc. and the French biotech company reported today six-month antibody persistence data for Lyme disease vaccine candidate VLA15 in both children and adults.

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Australia Keeps Interest Rate Unchanged

Australia Keeps Interest Rate Unchanged

The Reserve Bank of Australia maintained its key interest rate as the full effects of earlier rate cuts are yet to be felt and policymakers became cautious after data showed evidence of more persistent inflation. The policy board governed by Michele Bullock decided to hold the cash rate at 3.60 percent, as widely expected, on Tuesday.
RTTNews | Před 2 h 27 min
European Shares Seen Lower As US Economic Concerns Mount

European Shares Seen Lower As US Economic Concerns Mount

European stocks are seen opening on a sluggish note Tuesday as weak U.S. manufacturing data raised concerns about a slowing U.S. economy and mixed comments from Federal Reserve officials dampened hopes for a December rate cut.
RTTNews | Před 3 h 25 min
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,850 level, with weakness in iron ore miners, financial, energy and technology stocks partially offset by gains in gold miners and stocks.
RTTNews | Před 5 h 38 min
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Tuesday, following the mixed cues from Wall Street overnight, as traders have been reluctant to make more significant moves ahead of the release of US payroll processor ADP's report on private sector employment on Wednesday. A survey showed economic activity in the U.S. manufacturing sector contracted in October for the eighth consecutive month.
RTTNews | Před 6 h 5 min
Sensex, Nifty Seen Flat To Lower At Open

Sensex, Nifty Seen Flat To Lower At Open

Indian shares are seen opening flat to slightly lower on Tuesday after Federal Reserve officials offered mixed signals about future rate cuts.
RTTNews | Před 6 h 33 min
Thai Stock Market May Snap Losing Streak On Tuesday

Thai Stock Market May Snap Losing Streak On Tuesday

The Thai stock market has moved lower in three straight sessions, slumping more than 6 points or 0.5 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,310-point plateau although it may stop the bleeding on Tuesday.
RTTNews | Před 7 h 4 min