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CAC-40 Rises Amidst Cautious Trade

RTTNews | vor 770 Tagen

CAC-40 Rises Amidst Cautious Trade

(RTTNews) - The CAC-40 edged higher on Tuesday as investors cautiously focus on the earnings season. Growth outlook on China continued to sway sentiment especially for luxury businesses with exposure to China.

The CAC-40 is currently trading at 7,294.78, edging up 0.04 percent from the previous close. The day's trading has been between 7,279.49 and 7312.04.

Of the 40 scrips in the index, only 16 are trading in negative territory.

Capgemini, Publicis Groupe, Worldline, Michelin, Sanofi, all added more than 1 percent overnight.

Orange, L'Oreal, Hermes International, Societe Generale, have all shed more than 1 percent in the day's trading.

As markets brace for the end of the Fed's rate hikes, the U.S. dollar retreated, dragging the Dollar Index 0.13 percent lower to 99.72. The Dollar's weakness has lifted the EUR/USD pair 0.10 percent to 1.1245.

In tandem with the global trend, the yield on France's ten-year bond has decreased 2.95 percent overnight to 2.924%, from the previous close of 3.013%.

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U.S. Consumer Confidence Index Edges Lower In August

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.

RTTNews | vor 2Std 26 Minuten

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.

RTTNews | vor 2Std 37 Minuten

Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.

RTTNews | vor 3Std 56 Minuten

U.S. Durable Goods Orders Tumble Less Than Expected In July

U.S. Durable Goods Orders Tumble Less Than Expected In July

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.

RTTNews | vor 4Std 1 Minuten

FTSE 100 Modestly Lower

FTSE 100 Modestly Lower

After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.

RTTNews | vor 4Std 24 Minuten

CAC Down Sharply On Widespread Selling

CAC Down Sharply On Widespread Selling

French stocks are down sharply on Tuesday, extending previous session's steep drop, amid ongoing political uncertainty in the country.

RTTNews | vor 4Std 48 Minuten

DAX Extending Recent Weakness

DAX Extending Recent Weakness

German stocks are down in negative territory on Tuesday, extending losses from the previous session, due to geopolitical concerns and uncertainty about tariffs.

RTTNews | vor 6Std 11 Minuten

Sensex, Nifty Tumble On Tariff Worries

Sensex, Nifty Tumble On Tariff Worries

Indian shares tumbled on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.

RTTNews | vor 6Std 16 Minuten

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