CAC 40 Edges Higher In Lackluster Trade

RTTNews | hace 722
CAC 40 Edges Higher In Lackluster Trade

(RTTNews) - French stocks were seeing modest gains on Monday despite lingering worries about interest rates and fresh concerns about China's debt-laden property sector.

The benchmark CAC 40 was up 21 points, or 0.3 percent, at 7,361 after declining 1.3 percent on Friday.

Banks BNP Paribas, Credit Agricole and Societe Generale were up between 0.7 percent and 0.9 percent.

Eurozone government bond yields edged higher, with Germany's 10-year government bond yield hovering near a one-month high as investors assessed upside risks to the inflation outlook.

Automaker Renault edged up slightly after Tesla Inc cut prices in China for its Model Y long-range and performance versions starting on Aug. 14.

Asian stocks ended mostly lower earlier in the day on China growth concerns while U.S. stock futures rose ahead of a spate of economic data due in the coming days.

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New Zealand Unemployment Data Due On Wednesday

New Zealand Unemployment Data Due On Wednesday

New Zealand will on Wednesday release Q2 figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is expected to tick up to 5.3 percent from 5.1 percent following a 0.1 percent loss in employment.
RTTNews | hace 13 minutos
Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland market closed modestly higher on Tuesday after staying positive right through the day's trading session, with investors mostly reacting to the latest quarterly performance of big name companies.
RTTNews | hace 4h 46min
European Stocks Close Broadly Higher

European Stocks Close Broadly Higher

European markets closed mostly higher on Tuesday, although gains in most of the markets were just marginal or modest, as investors stayed somewhat cautious, reacting to a mixed batch of economic data, and assessing the impact of steep U.S. tariffs on the global economy.
RTTNews | hace 5h 6min
U.S. Service Sector Growth Unexpectedly Slows In July

U.S. Service Sector Growth Unexpectedly Slows In July

A report released by the Institute for Supply Management on Tuesday unexpectedly showed a modest slowdown in the pace of growth by U.S. service sector activity in the month of July. The ISM said its services PMI edged down to 50.1 in July from 50.8 in June. While a reading above 50 still indicates growth, economists had expected the index to rise to 51.5.
RTTNews | hace 7h 44min
U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.
RTTNews | hace 8h 30min