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CAC 40 Gains As Industrial Output Extends Rebound
(RTTNews) - French stocks traded higher on Friday while the dollar and bond yields retreated ahead of the U.S. nonfarm payrolls survey results due later in the day.
Meanwhile, France's industrial production growth more than doubled in December, data from the statistical office INSEE showed earlier in the day.
Industrial output grew 1.1 percent on a monthly basis, following November's 0.5 percent gain. The growth rate was forecast to ease to 0.2 percent amid sluggish activity in the wider euro area.
Similarly, growth in manufacturing output advanced to 1.2 percent from 0.2 percent a month ago.
The benchmark CAC 40 was up 27 points, or 0.4 percent, at 7,615 after declining 0.9 percent the previous day.
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Ericsson Shares Surge On Significantly Higher Q3 Profit, Though Sales Down
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FTSE 100 Modestly Lower Amid Trade Tensions, Weak Economic Data
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French stocks are notably lower on Tuesday amid political concerns, and simmering U.S.-China trade tensions. Investors are also awaiting quarterly earnings updates from big name U.S. banks later in the day.
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Sensex, Nifty End Lower On Weak Global Cues
Indian shares ended Tuesday's session lower, mirroring weak cues from global markets.
Global sentiment was fragile as tensions between the United States and China escalated and a U.S. federal government's partial shutdown entered its 14th day.
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German Economic Sentiment Rises In October
Germany economic sentiment rose moderately in October as investors still hope for an economic upturn, a monthly survey conducted by the think tank ZEW showed Tuesday. The economic confidence index rose to 39.3 in October from 37.3 in the previous month, though it fell short of the forecast of 41.2. However, assessment of the current situation continued to follow a negative trend.
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DAX Down Over 0.8% On Trade Tensions, Weak Inflation Data
German stocks are down in negative territory on Tuesday, weighed down by uncertainty about U.S.-China trade relations, and data showing an increase in German consumer price inflation. Investors are also looking ahead to key earnings announcements from big name U.S. banks.
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Před 3 h 30 min
