CAC 40 Slides As Investors Await Powell's Speech

RTTNews | vor 580 Tagen
CAC 40 Slides As Investors Await Powell's Speech

(RTTNews) - French stocks were sharply lower on Thursday amid concerns over rising Treasury yields and lingering Middle East tensions.

Bond yield surged in Europe, with Germany's 10-year government bond yield, the benchmark for the euro area, rising 3 basis points (bps) to 2.95 percent ahead of Fed Chair Jerome Powell's speech later in the day.

The benchmark CAC 40 was down 65 points, or 0.9 percent, at 6,900 after declining 0.9 percent on Wednesday.

Carmaker Renault plunged almost 8 percent after currency depreciations in Turkey and Argentina weighed heavily on the pace of sales growth in the third quarter.

Channel tunnel operator Getlink gained about 1 percent after posting a marginal rise in Q3 revenue.

Pernod Ricard soared 5 percent after the spirts maker forecast higher sales in fiscal year 2023-24.

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Soft Start Anticipated For Thai Stock Market

Soft Start Anticipated For Thai Stock Market

The Thai stock market has alternated between positive and negative finishes through the last 11 trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,180-point plateau and it may tick lower again on Thursday.
RTTNews | vor 12 Minuten
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese market is trading notably lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 37,100 level, with weakness across most sectors led by index heavyweights and technology stocks.
RTTNews | vor 42 Minuten
Indonesia Bourse May Hand Back Wednesday's Gains

Indonesia Bourse May Hand Back Wednesday's Gains

The Indonesia stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had rallied more than 310 points or 4.5 percent. The Jakarta Composite Index now rests just above the 7,140-point plateau, although it may head south again on Thursday. The global forecast for the Asian markets is negative on concerns over rising bond yields. The European markets were mixed and the U.S. bourses were sharply lower and the Asian markets also figure to open under pressure.
RTTNews | vor 42 Minuten
Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market has finished higher in consecutive trading days, accelerating almost 500 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 23,825-point plateau, although it's likely to run out of steam on Thursday.
RTTNews | vor 57 Minuten
Australian Market Notably Lower

Australian Market Notably Lower

The Australian market is trading notably lower on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,300 level, with weakness across most sectors led by and technology stocks. Gold miners are the only bright spot.
RTTNews | vor 1Std 0 Minuten
Rally May Stall For China Stock Market

Rally May Stall For China Stock Market

The China stock market has climbed higher in three straight sessions, improving more than 20 points or 0.6 percent along the way. The Shanghai Composite Index now rests just shy of the 3,390-point plateau, although it may run out of steam on Thursday.
RTTNews | vor 1Std 12 Minuten
Tech Shares May Weigh On Taiwan Stock Market

Tech Shares May Weigh On Taiwan Stock Market

The Taiwan stock market has tracked higher in two straight sessions, collecting more than 280 points or 1.3 percent along the way. The Taiwan Stock Exchange now sits just above the 21,800-point plateau, although it's expected to open under pressure on Thursday.
RTTNews | vor 1Std 42 Minuten
Singapore GDP Climbs 3.9% On Year In Q1

Singapore GDP Climbs 3.9% On Year In Q1

Singapore's gross domestic product expanded 3.9 percent on year in the first quarter of 2025, the Ministry of Trade and Industry said on Thursday.
RTTNews | vor 2Std 8 Minuten