CAC 40 Struggles For Direction Before US Inflation Test

RTTNews | vor 471 Tagen
CAC 40 Struggles For Direction Before US Inflation Test

(RTTNews) - French stocks struggled for direction on Tuesday as caution prevailed ahead of the release of U.S. inflation data that might influence the outlook for rates.

The U.S. producer price inflation report is likely to be in the spotlight today along with Fed Chair Jerome Powell's remarks during a moderate discussion with De Nederlandsche Bank President Klaas Knot.

The consumer price inflation report is due on Wednesday and economists expect prices to climb by 0.4 percent in April, matching the increase seen in March.

The benchmark CAC 40 was marginally lower at 8,208 after ending 0.1 percent lower the previous day.

In corporate news, Veolia shares rallied 2.4 percent after the waste and water management company met first-quarter core profit expectations and announced it had bagged a $320 million water technology contract for a desalination plant in the United Arab Emirates.

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European Shares Seen Higher At Open

European Shares Seen Higher At Open

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RTTNews | vor 1Std 41 Minuten
Sensex Nifty Decline On Tariff Worries

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
RTTNews | vor 2Std 34 Minuten
European Economic News Preview: Eurozone Economic Sentiment Data Due

European Economic News Preview: Eurozone Economic Sentiment Data Due

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RTTNews | vor 2Std 35 Minuten
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

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RTTNews | vor 4Std 0 Minuten
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Asian Markets Trade Mostly Higher

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RTTNews | vor 4Std 16 Minuten
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
RTTNews | vor 4Std 58 Minuten