CAC 40 Edges Higher In Cautious Trade

RTTNews | vor 834 Tagen
Stocktwits
CAC 40 Edges Higher In Cautious Trade

(RTTNews) - French stocks opened on a positive note Monday after comments from several Federal Reserve officials last week suggested the U.S. central bank is set to slow the pace of its interest rate increases going forward.

Investors were also reacting to data showing that air travel in China has returned to January 2019 levels ahead of the important Lunar New Year holidays.

The benchmark CAC 40 was up 0.2 percent at 7,012 after rising 0.6 percent on Friday. Aerospace major Airbus SE was modestly higher. The company is planning to spin off its Zephyr, a series of solar powered high-altitude surveillance and communications drone program, with the intention of creating a standalone telecoms and earth observation business that will start commercial operations by the end of next year, Financial Times reported.

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Yen Rises Amid Risk-off Mood

Yen Rises Amid Risk-off Mood

The Japanese yen strengthened against other major currencies in the European on Tuesday, as European stocks traded lower as investors assessed the latest batch of earnings and awaited upcoming Fed and BoE meetings.
RTTNews | vor 10 Minuten
Australian Dollar Falls On Weak Chinese PMI Data

Australian Dollar Falls On Weak Chinese PMI Data

The Australian dollar weakened against other major currencies in the European session on Tuesday, after China's service sector grew at the slowest pace in seven months in April as disruptions to goods trade amid fresh tariffs negatively impacted new work of some service providers.
RTTNews | vor 31 Minuten
CAC 40 Down Nearly 1%

CAC 40 Down Nearly 1%

French stocks are exhibiting weakness on Tuesday as continued contraction in the nation's services sector activity, and global trade tensions weigh on sentiment. Investors are awaiting the Federal Reserve's monetary policy announcement, due on Wednesday.
RTTNews | vor 57 Minuten
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the European on Tuesday.
RTTNews | vor 1Std 3 Minuten
DAX Down As Stocks Fall Amid Fresh Political Developments

DAX Down As Stocks Fall Amid Fresh Political Developments

German stocks are down sharply on Tuesday with investors reacting to the first round of voting in the nation's Parliament Election. The failure of Conservative leader Friedrich Merz to secure the required parliamentary majority to become chancellor has dealt a big blow to his coalition with center-left Social Democrats.
RTTNews | vor 1Std 22 Minuten
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