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CAC 40 Gains As Eurozone Investor Morale Climbs Again

RTTNews | vor 499 Tagen

CAC 40 Gains As Eurozone Investor Morale Climbs Again

(RTTNews) - French stocks traded higher on Monday as Middle East tensions eased, and investors looked ahead to an ECB policy meeting due later this week for important clues on the interest rate patch.

Meanwhile, investors cheered data showing that Eurozone investor morale rose for the sixth consecutive month to hit a two-year high in April.

Sentix's index for the euro zone improved to -5.9 points from -10.5 in March. The reading beat forecasts for a score of -8.5 and marked its highest level since February 2022.

The Expectations Index rose from -2.3 in the previous month to 5.0 while the index on the Current Situation rose to -16.3 from -18.5 in March.

The benchmark CAC 40 was up 44 points, or half a percent, at 8,105 after declining 1.1 percent on Friday.

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CAC 40 Flat In Lackluster Trade

CAC 40 Flat In Lackluster Trade

French stocks are exhibiting some weakness on Wednesday, after seeing a big upmove in the previous session. The mood is cautious with investors looking ahead to the Federal Reserve's annual Jackson Hole Symposium.

RTTNews | vor 28 Minuten

Pound Rises As UK Inflation Hits 18-Month High

Pound Rises As UK Inflation Hits 18-Month High

The British pound strengthened against other major currencies in the European session on Wednesday, as the UK consumer price inflation accelerated to an 18-month high in July on airfares and food prices, suggesting that the Bank of England is likely to delay further easing.

RTTNews | vor 41 Minuten

Sensex, Nifty Extend Gains For Fifth Day

Sensex, Nifty Extend Gains For Fifth Day

Indian shares eked out modest gains on Wednesday, with underlying sentiment supported by the unexpected announcements relating to GST reforms and the recent progress in India-China ties.

RTTNews | vor 44 Minuten

DAX Drifts Lower In Cautious Trade

DAX Drifts Lower In Cautious Trade

The German market is notably lower on Wednesday, weighed down by losses in the defense stocks, amid rising optimism about a potential Russia-Ukraine peace deal. The focus is on the Federal Reserve's annual symposium in Jackson Hole, that gets underway on Thursday.

RTTNews | vor 48 Minuten

Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Wednesday.

RTTNews | vor 1Std 9 Minuten

U.S. Dollar Rises Amid Reduced Bet On Fed Rate Cut, FOMC Minutes

U.S. Dollar Rises Amid Reduced Bet On Fed Rate Cut, FOMC Minutes

The U.S. dollar strengthened against most major currencies in the Asian session on Wednesday, due to reduced bets on the U.S. Fed's more aggressive policy easing.

RTTNews | vor 1Std 24 Minuten

Yen Rises Amid BoJ Rate Hike Speculation

Yen Rises Amid BoJ Rate Hike Speculation

The Japanese yen strengthened against other major currencies in the Asian session on Wednesday, as traders expect that the Bank of Japan (BoJ) may raise interest rates by the end of the year in accordance with its policy normalization path.

RTTNews | vor 1Std 47 Minuten

European Shares Edge Lower Following US Tech Selloff

European Shares Edge Lower Following US Tech Selloff

European stocks were subdued on Wednesday after closing at five-month high in the previous session on news of a potential Ukraine-Russia summit.

RTTNews | vor 2Std 1 Minuten

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