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CAC 40 Gains As US Inflation Data Looms
(RTTNews) - French stocks traded higher on Thursday amid renewed optimism that the U.S. Federal Reserve is going to cut interest rates in March.
U.S. consumer price inflation data, due out later in the day is expected to provide more clarity on the Fed's monetary policy outlook this year.
The benchmark CAC 40 was up 45 points, or 0.6 percent, at 7,471 after ending little changed on Wednesday.
Air Liquide, Capgemini, Dassault Systemes, Hermes International, Pernod Ricard, Renault and Sanofi were up 1-2 percent.
Vinci SA rose half a percent. The engineering and construction company announced that it has reduced the size of its revolving credit facility by renewing the agreement with a syndicate of 23 relationship banks.
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Asian Shares Mostly Lower Ahead Of Trump-Putin Summit
Asian stocks ended mostly lower on Thursday as investors digested weak China bank lending data and awaited crucial U.S.-Russia talks on Ukraine.
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vor 14 Minuten
Australian Dollar Advances On Robust Employment Data
The Australian dollar strengthened against some major counterparts in the Asian session on Thursday, after data showed that the Australia's unemployment rate dropped in July and employment increased sharply, suggesting that the labor market conditions remain strong.
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vor 36 Minuten
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The Japanese yen strengthened against other major currencies in the Asian session on Thursday, as the Bank of Japan (BoJ) raised its inflation outlook in July and kept the door open for an imminent interest rate hike by the end of current year.
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vor 57 Minuten
Australian Dollar Advances Against Some Majors
The Australian dollar strengthened against some major counterparts in the Asian session on Thursday.
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vor 2Std 28 Minuten
European Shares Seen Mixed As Focus Shifts To US-Russia Talks
European stocks are seen opening on a mixed note Thursday as traders eagerly await a high-profile meeting between U.S. President Donald Trump and Russian President Vladimir Putin scheduled for Friday.
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vor 3Std 15 Minuten
European Economic News Preview: UK GDP & Foreign Trade Data Due
Monthly GDP estimates and foreign trade from the UK and flash quarterly national accounts and employment from the euro area are due on Thursday. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial output and foreign trade data. The economy is forecast to grow 0.2 percent on a monthly basis in June, reversing a 0.1 percent fall in May.
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vor 3Std 39 Minuten
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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vor 3Std 49 Minuten
Sensex, Nifty Marginally Higher Ahead Of US-Russia Talks
Indian shares were marginally higher in early trade on Thursday, mirroring mostly positive cues from global markets ahead of the August 15 meeting between the U.S. President Donald Trump and his Russian counterpart Vladimir Putin.
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vor 4Std 30 Minuten
