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CAC 40 Gains Ahead Of ECB, BoE Meetings

RTTNews | Před 955 dny

CAC 40 Gains Ahead Of ECB, BoE Meetings

(RTTNews) - French stocks were sharply higher on Thursday after the U.S. Federal Reserve said that "disinflationary process has started" but "ongoing increases" in rates will be needed to curb price pressures.

Euro zone bond yields fell, and the dollar hit its lowest level in over nine months as Fed Chair Jerome Powell's dovish comments in a press conference stoked expectation that the Fed might start cutting rates before 2024.

The European Central Bank and the Bank of England will announce their monetary policy decisions later in the day.

Both are expected to hike interest rates by 50 basis points as inflation remains elevated.

The benchmark CAC 40 was up 77 points, or 1.1 percent, at 7,154 after closing marginally lower in the previous session.

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Taiwan Bourse Overdue For Profit Taking On Monday

Taiwan Bourse Overdue For Profit Taking On Monday

The Taiwan stock market has tracked higher in eight straight sessions, collecting more than 1,450 points or 5.8 percent along the way. The Taiwan Stock Exchange now sits just beneath the 25,475-point plateau although it's expected to run out of steam on Monday.

RTTNews | Před 15 minutami

Singapore Stock Market Tipped To Open In The Red

Singapore Stock Market Tipped To Open In The Red

The Singapore stock market on Friday snapped the two-day winning streak in which it had risen almost 60 points or 1.4 percent. The Straits Times Index now sits just beneath the 4,350-point plateau and it may take further damage on Monday.

RTTNews | Před 45 minutami

Malaysia Bourse May Hand Back Friday's Gains

Malaysia Bourse May Hand Back Friday's Gains

The Malaysia stock market bounced higher again on Friday, one day after halting the three-day winning streak in which it had collected more than a dozen points or 0.8 percent. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it may head south again on Monday.

RTTNews | Před 1 h 15 min

KOSPI May See Profit Taking On Monday

KOSPI May See Profit Taking On Monday

The South Korea stock market has moved higher in nine straight sessions, surging more than 250 points or 7.9 percent along the way. Now at another fresh record closing high, the KOSPI sits just beneath the 3,350-point plateau and it is overdue for consolidation on Monday.

RTTNews | Před 1 h 45 min

New Zealand Services Index Slumps In August - BusinessNZ

New Zealand Services Index Slumps In August - BusinessNZ

The services sector in New Zealand continued to contract in August, and at a faster pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 47.5.

RTTNews | Před 2 h 8 min

China Data On Tap For Monday

China Data On Tap For Monday

China will release a batch of data on Monday, highlighting a modest day for Asia-Pacific economic activity. On tap are August numbers for industrial production, retail sales, fixed asset investment, house prices and unemployment.

RTTNews | Před 2 h 45 min

Canadian Dollar Eases Against Most Majors

Canadian Dollar Eases Against Most Majors

The Canadian dollar retreated against its most major counterparts in the New York session on Friday.

RTTNews | Před 2 dny

Swiss Market Ends On Weak Note; Pharma Stocks Among Major Losers

Swiss Market Ends On Weak Note; Pharma Stocks Among Major Losers

The Switzerland market ended notably lower on Friday after languishing in negative territory right through the day's session.

RTTNews | Před 2 dny

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