CAC 40 Edges Higher In Cautious Trade

RTTNews | vor 1069 Tagen
CAC 40 Edges Higher In Cautious Trade

(RTTNews) - French stocks edged up slightly on Thursday as investors reacted to dovish-sounding remarks by Federal Reserve Chair Jerome Powell and signs of easing COVID-19 curbs in China.

Investors await the release of final manufacturing PMI figures for November later in the day for directional cues.

The benchmark CAC 40 edged up 15 points, or 0.2 percent, to 6,753 after rallying 1 percent on Wednesday.

The U.S. dollar slumped in early European trade as Powell's remarks validated market expectations for a 50-basis point rate hike later this month.

Valneva SE shares jumped nearly 5 percent. Pfizer Inc. and the French biotech company reported today six-month antibody persistence data for Lyme disease vaccine candidate VLA15 in both children and adults.

read more
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
RTTNews | vor 1Std 4 Minuten
Asian Shares Decline Amid Economic Uncertainty

Asian Shares Decline Amid Economic Uncertainty

Asian stocks ended mostly lower on Tuesday as a tech rally fizzled out due to valuation concerns and investors weighed mixed messages from Federal Reserve officials over the path of interest rates.
RTTNews | vor 1Std 13 Minuten
NZ Dollar Slides Against Majors

NZ Dollar Slides Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday.
RTTNews | vor 1Std 47 Minuten
Australia Keeps Interest Rate Unchanged

Australia Keeps Interest Rate Unchanged

The Reserve Bank of Australia maintained its key interest rate as the full effects of earlier rate cuts are yet to be felt and policymakers became cautious after data showed evidence of more persistent inflation. The policy board governed by Michele Bullock decided to hold the cash rate at 3.60 percent, as widely expected, on Tuesday.
RTTNews | vor 3Std 14 Minuten
European Shares Seen Lower As US Economic Concerns Mount

European Shares Seen Lower As US Economic Concerns Mount

European stocks are seen opening on a sluggish note Tuesday as weak U.S. manufacturing data raised concerns about a slowing U.S. economy and mixed comments from Federal Reserve officials dampened hopes for a December rate cut.
RTTNews | vor 4Std 11 Minuten