CAC 40 Retreats Ahead Of Central Bank Meetings

RTTNews | Před 921 dny
CAC 40 Retreats Ahead Of Central Bank Meetings

(RTTNews) - French stocks were moving lower on Monday as investors braced for another round of rate hikes from major central banks.

The FOMC decision is due on Feb.1, with analysts expecting the U.S. central bank to slow the pace of interest rate hikes to 25 basis points.

Traders will pay close attention to the accompanying statement to see if there are chances of a soft landing for the economy.

Elsewhere, the European Central Bank and the Bank of England are both expected to hike rates by 50 basis points.

The European Commission is set to issue euro area economic sentiment survey results later in the day. The economic confidence index is seen at 97.0, up from 95.8 in December.

The benchmark CAC 40 was down 32 points, or half a percent, at 7,065 after finishing marginally higher on Friday.

Total Energies SE fell nearly 2 percent. The energy firm and its Italian partner Eni S.p.A. have completed the transfer of a 30 percent interest in exploration Blocks 4 and 9 off the coast of Lebanon to QatarEnergy.

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Australian Market Trims Early Losses In Mid-market

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RTTNews | Před 1 h 12 min
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Thai Stock Market May Spin Its Wheels On Friday

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The Indonesia stock market has finished lower in back-to-back sessions, slipping more than 25 points or 0.3 percent in that span. The Jakarta Composite Index now sits just above the 7,490-point plateau and it may take further damage on Friday.
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Japanese Market Sharply Higher; Up 2%

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Extending the gains in the previous three sessions, the Japanese market is sharply higher on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is jumping almost 2 percent to above the 41,850 level, with gains across all sectors led by index heavyweights, exporters and technology stocks.
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Consolidation Likely For Hong Kong Shares

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The Hong Kong stock market has moved higher in four straight sessions, advancing more than 570 points or 2.4 percent along the way. The Hang Seng Index now rests just above the 25,080-point plateau although it may see some profit taking on Friday.
RTTNews | Před 3 h 13 min
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is trading notably lower on Friday, extending the slight losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness in energy, financial and technology stocks partially offset by gains in mining stocks.
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