CAC 40 Slips Amid Fed Uncertainty

RTTNews | vor 1070 Tagen
CAC 40 Slips Amid Fed Uncertainty

(RTTNews) - French stocks were little changed on Wednesday amid China growth concerns and uncertainty over the path of U.S. monetary policy.

Markets eye central bank decisions, with the European Central Bank, the Bank of England and the Federal Reserve all due to hold their monetary policy meetings next week.

Interest rates will go up again, though they are now "very near" their neutral level, ECB policymaker Constantinos Herodotou said on Tuesday.

The benchmark CAC 40 dropped 21 points, or 0.3 percent, to 6,667 after closing 0.1 percent lower on Tuesday.

Airbus SE shares declined 2.6 percent. The aerospace major announced that it is unlikely to meet its 2022 commercial aircraft delivery target.

Banking group Crédit Agricole SA was down half a percent after selling the first tranche of 63.7 percent of its stake in Crédit du Maroc to the Moroccan group, Holmarcom.

Sanofi SA surged 7.5 percent after a U.S. judge dismissed thousands of lawsuits involving the heartburn drug Zantac.

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Asian Shares End On Mixed Note

Asian Shares End On Mixed Note

Asian stocks gave up early gains to end mixed on Tuesday after rising in the previous session as U.S. lawmakers moved toward reopening the federal government.
RTTNews | vor 2Std 36 Minuten
European Economic News Preview: UK Unemployment Data Due

European Economic News Preview: UK Unemployment Data Due

Unemployment from the UK and economic sentiment from Germany are the major economic reports due on Tuesday. At 2.00 am ET, the Office for National Statistics publishes UK labor market statistics. The jobless rate is forecast to rise to 4.9 percent in the three months to September from 4.8 percent in the preceding period.
RTTNews | vor 4Std 30 Minuten
Sensex, Nifty Modestly Lower In Cautious Trade

Sensex, Nifty Modestly Lower In Cautious Trade

Indian shares were a tad lower on Tuesday despite firm cues from global markets and comments from U.S. President Donald Trump that the U.S. was "pretty close" to a trade deal with New Delhi that's good for everybody.
RTTNews | vor 6Std 49 Minuten
Australian Market Slips To Losses In Mid-market

Australian Market Slips To Losses In Mid-market

The Australian stock market is slipping in to the red in mid-market trading on Tuesday after early gains, reversing some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,850 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
RTTNews | vor 7Std 52 Minuten
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight, as traders react to further progress made towards ending the US government shutdown, with the US Senate commencing a series of votes on a package to reopen the government and end the longest shutdown on record. Asian markets closed mostly higher on Monday.
RTTNews | vor 8Std 11 Minuten
Sensex, Nifty Seen Opening Higher On Trade Deal Hopes

Sensex, Nifty Seen Opening Higher On Trade Deal Hopes

Indian shares look set to open on a positive note Tuesday after U.S. President Donald Trump indicated he would reduce the tariff rate on Indian goods "at some point," and that the U.S. was "pretty close" to a trade deal with New Delhi that's good for everybody.
RTTNews | vor 8Std 44 Minuten