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CAC 40 Little Changed As Investors Await Cues From Powell
(RTTNews) - French stocks were little changed on Tuesday as investors looked for more clues on the outlook for U.S. interest rate hikes.
The dollar slipped while Eurozone short-dated bond yields hovered around multi-year highs, as Federal Reserve Chair Jerome Powell starts his two-day testimony before Congress later in the day.
The benchmark CAC 40 was marginally higher at 7,379 after rising 0.3 percent the previous day.
Sanofi rose about 1 percent. Sanofi - Aventis Groupe announced the FDA has accepted, for review, the supplemental Biologics License Application for Dupixent to treat adults and adolescents aged 12 years and older with chronic spontaneous urticaria that is not adequately controlled with the current standard of care.
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Asian Shares Mixed Ahead Of US PCE Inflation Data
Asian stocks ended mixed on Friday as caution prevailed ahead of a key U.S. inflation report due later in the day that might show core personal consumption expenditures prices rose 2.9 percent in July, the fastest pace in five months.
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vor 16 Minuten
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
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vor 1Std 28 Minuten
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
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vor 1Std 34 Minuten
European Shares Seen Mostly Lower Before US Inflation Data
European stocks may open broadly lower on Friday as the prospect of a peace agreement between Russia and Ukraine waned and focus shifted to a key U.S. inflation reading due later in the day that could provide additional clues on the Federal Reserve's rate outlook.
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vor 3Std 15 Minuten
Sensex, Nifty Struggle For Direction In Early Trade
Indian shares were little changed on Friday, giving up early gains amid mounting concerns about the impact of U.S. tariffs on Indian goods.
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vor 4Std 23 Minuten
Australian Market Swings To Modest Gains In Mid-market
The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
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vor 5Std 19 Minuten
Asian Markets Mixed Amid Caution Trades
Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
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vor 5Std 48 Minuten
Sensex, Nifty Seen Tad Higher At Open As IIP Growth Recovers
Indian shares may open on a positive note on Friday after official data showed India's industrial output production expanded at the fastest pace in four months in July.
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vor 6Std 22 Minuten
