CAC 40 Drifts Lower On China Growth Concerns, Inflation Worries

RTTNews | vor 728 Tagen
CAC 40 Drifts Lower On China Growth Concerns, Inflation Worries

(RTTNews) - French stocks fell on Tuesday amid China growth concerns and lingering worries surrounding inflation and interest-rate rises.

The benchmark CAC 40 was down 60 points, or 0.8 percent, at 7,289 after closing 0.1 percent higher the previous day.

Banks BNP Paribas and Credit Agricole fell around 1 percent each as bond yields across Europe jumped on data showing U.K. wage growth hit a record in the three months to June.

U.K. wage growth accelerated at the strongest pace on record in the second quarter, adding to worries for the Bank of England about long term inflation pressures.

The euro remained on defensive mode ahead of U.S. retail sales data due later in the day and Wednesday's release of the minutes from the Fed's latest policy meeting.

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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 moves on Wednesday, reversing the gains in the previous two sessions, with the benchmark S&P/ASX 200 falling well below the 8,850 level, despite the broadly positive cues from Wall Street overnight, with weakness in energy and financial stocks partially offset by gains in mining and technology stocks.
RTTNews | vor 35 Minuten
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

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RTTNews | vor 46 Minuten
Rebound Anticipated For Thai Stock Market

Rebound Anticipated For Thai Stock Market

Ahead of the long holiday weekend for Queen Sirikit's birthday, the Thai stock market had ended the four-day winning streak in which it had surged almost 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just beneath the 1,260-point plateau although it's expected to bounce higher again on Wednesday.
RTTNews | vor 1Std 53 Minuten
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is sharply higher on Wednesday, extending the gains in the previous six sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving a tad above the 43,300 level to fresh record all-time highs, with gains across all sectors led by exporters and financial stocks.
RTTNews | vor 2Std 11 Minuten
Indonesia Bourse May Test Resistance At 7,800 Points

Indonesia Bourse May Test Resistance At 7,800 Points

The Indonesia stock market has tracked higher in three straight sessions, improving more than 300 points or 4 percent along the way. The Jakarta Composite Index now sits just above the 7,790-point plateau and it may at least open higher again on Wednesday.
RTTNews | vor 2Std 23 Minuten
Additional Support Called For Hong Kong Stock Market

Additional Support Called For Hong Kong Stock Market

The Hong Kong stock market has moved higher in back-to-back sessions, gathering more than 110 points or 0.4 percent along the way. The Hang Seng Index now rests just beneath the 24,970-point plateau and it's expected to open to the upside again on Wednesday.
RTTNews | vor 2Std 38 Minuten
Australian Market Modestly Lower

Australian Market Modestly Lower

Australian shares are trading modestly lower on Wednesday after opening in the green, reversing the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying well below the 8,900 level, despite the broadly positive cues from Wall Street overnight, with weakness in energy and financial stocks partially offset by gains in mining and technology stocks.
RTTNews | vor 2Std 40 Minuten