CAC 40 Edges Higher As Consumer Confidence Stabilizes

RTTNews | vor 847 Tagen
CAC 40 Edges Higher As Consumer Confidence Stabilizes

(RTTNews) - French stocks advanced on Tuesday after a survey showed French consumer confidence stabilized in August, with a score of 85 points and meeting consensus estimates.

Hopes of further Chinese stimulus measures also underpinned investor sentiment ahead of a barrage of key economic readings due this week.

The benchmark CAC 40 was up 19 points, or 0.3 percent, at 7,343 after rallying 1.3 percent the previous day.

Euro zone bond yields slipped ahead of data on U.S. job openings that might provide additional clues on the Federal Reserve's rate trajectory.

Technip Energies N.V., an engineering and technology company, rose about 1 percent. The company announced that it has been awarded a contract by bp for a hydrogen production unit at its Kwinana biorefinery in Western Australia for undisclosed sum.

read more
DAX Firm Amidst Mixed Trends In Europe

DAX Firm Amidst Mixed Trends In Europe

The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange is currently trading firm even as a mixed mood prevails in most of Europe.
RTTNews | vor 1Std 21 Minuten
Yen Rises Amid BoJ Rate Hike Bets

Yen Rises Amid BoJ Rate Hike Bets

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as investors talk about the Bank of Japan's latest 25 basis point rise and the likelihood of further rate hikes.
RTTNews | vor 2Std 6 Minuten
Asian Stocks Extend Gains

Asian Stocks Extend Gains

Asian markets extended gains on Tuesday in the backdrop of renewed optimism around AI-related shares that fueled a rally on Wall Street.
RTTNews | vor 2Std 31 Minuten
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
RTTNews | vor 3Std 43 Minuten
Europe Car Sales Increase In November

Europe Car Sales Increase In November

Europe's new car registrations increased for the fifth straight month in November, driven by robust growth in battery electric cars sales, data from the European Automobile Manufacturers' Association, or ACEA, showed Tuesday. Car registrations grew 2.1 percent year-on-year in November but slower that the 5.8 percent rise seen in October.
RTTNews | vor 5Std 26 Minuten
European Economic News Preview: German Import Price Data Due

European Economic News Preview: German Import Price Data Due

Import prices from Germany and revised GDP data from Spain are the top economic news due on Tuesday. At 2.00 am ET, Destatis is scheduled to issue Germany's import price data. Economists expect import prices to grow 0.2 percent month-on-month in November, the same rate as in October. In the meantime, producer price figures are due from Sweden.
RTTNews | vor 5Std 59 Minuten
Cautious Optimism Expected In European Markets

Cautious Optimism Expected In European Markets

Stock markets in Europe are expected to trade on a cautiously optimistic note on Tuesday amidst rising geopolitical tensions, Fed rate cut hopes, thin holiday trade as well as mixed reactions to tech valuations.
RTTNews | vor 6Std 37 Minuten
RBA Minutes: Policymakers Discussed Rate Hike Scenario

RBA Minutes: Policymakers Discussed Rate Hike Scenario

Policymakers of the Reserve Bank of Australia discussed scenarios in which policy tightening may need to be considered, the minutes of the meeting held on December 8 and 9 showed Tuesday. Members became less confident that monetary policy remains restrictive, the minutes showed. Policymakers assessed that inflationary pressures could be a little more persistent than had been previously estimated
RTTNews | vor 6Std 41 Minuten