CAC 40 Little Changed Ahead Of Powell's Speech

RTTNews | Před 775 dny
CAC 40 Little Changed Ahead Of Powell's Speech

(RTTNews) - French stocks struggled for direction on Wednesday following hawkish comments from Federal Reserve officials.

Fed Governor Christopher Waller said in a speech on Tuesday that Q3 U.S. GDP growth was a "blowout" performance that warrants a very close eye when thinking about policy going forward.

Fellow Governor Michelle Bowman said that the economy is gaining speed and requires a higher Fed policy rate.

Both Federal Reserve Bank of Minneapolis President Neel Kashkari and Chicago Fed President Austan Goolsbee also refused to rule out rate cuts, citing sticky inflation and resilience in the U.S. economy.

Fed Chair Powell is due to deliver opening remarks at the Division of Research and Statistics Centennial Conference today and participate in a policy panel discussion before the 24th Jacques Polak Annual Research Conference on Thursday.

The benchmark CAC 40 was marginally higher at 6,988 after losing 0.4 percent in the previous session.

Lender Credit Agricole advanced 1.4 percent after delivering better-than-expected third-quarter earnings.

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Singapore Bourse May Extend Monday's Gains

Singapore Bourse May Extend Monday's Gains

The Singapore stock market on Monday wrote a finish to the four-day losing streak in which it had slipped more than 20 points or 0.4 percent. The Straits Times Index now sits just above the 4,610-point plateau and it's expected to open to the upside again on Tuesday.
RTTNews | Před 1 h 29 min
Malaysia Shares May Open To The Upside Again On Tuesday

Malaysia Shares May Open To The Upside Again On Tuesday

The Malaysia stock market has moved higher in three straight sessions, advancing almost 30 points or 1.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,670-point plateau and it's expected to open in the green again on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews | Před 1 h 59 min
Japan Stock Market May Add To Its Winnings On Tuesday

Japan Stock Market May Add To Its Winnings On Tuesday

The Japanese stock market has finished higher in two consecutive trading days, soaring more than 1,400 points or 2.7 percent along the way. The Nikkei 225 now sits just above the 50,400-point plateau and it may extend its gains on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead. The Nikkei finished sharply higher on Monday following gains from the financial shares, technology stocks and automobile producers. For the day, the index jumped 895.18 points or 1.81 percent to finish at 50,402.39 after trading between 49,982.20 and 50,590.88. Among the actives, Nissan Motor improved 0.75 percent, while Mazda Motor accelerated 4.34 percent, Toyota Motor advanced 0.91 percent, Honda Motor strengthened 1.61 percent, Softbank Group soared 4.09 percent, Mitsubishi UFJ Financial jumped 1.86 percent, Mizuho Financial vaulted 1.40 percent, Mitsubishi Electric rallied 1.74 percent, Panasonic Holdings spiked 3.47 percent and Hitachi expanded 1.89 percent.
RTTNews | Před 2 h 14 min
Additional Support Called For South Korea Shares

Additional Support Called For South Korea Shares

The South Korea stock market has moved higher in two straight sessions, advancing more than 110 points or 2.7 percent along the way. The KOSPI now sits just above the 4,100-point plateau and it may add to its winnings on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews | Před 2 h 29 min
RBA Minutes Due On Tuesday

RBA Minutes Due On Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its Dec. 8 monetary policy meeting, highlighting a light day for Asia-Pacific economic activity.
RTTNews | Před 2 h 59 min
Swiss Markets Ends Marginally Down

Swiss Markets Ends Marginally Down

The Swiss market ended slightly down on Monday after languishing in negative territory righ through the day's trading session, as traders largely stayed on the sidelines ahead of Christmas holidays.
RTTNews | Před 6 h 33 min