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CAC 40 Gains In Cautious Trade
(RTTNews) - French stocks advanced on Friday, as investors awaited speeches from central bankers, including Federal Reserve Chair Jerome Powell at the Jackson Hole symposium for fresh clues on the outlook for interest rates.
The benchmark CAC 40 was up 35 points, or half a percent, at 7,249 after ending 0.4 percent lower the previous day.
Among the top gainers, Hermes International, Schneider Electric, Stellantis NV and Total Energies all rose around 1 percent.
The euro fell to its lowest level since mid-June on expectations that the European Central Bank could soon pause rate hikes to support weakening growth.
Euro zone bond yields edged up after longer-dated U.S. Treasury yields soared to a 16-year high.
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European Shares Inch Higher Ahead Of US Inflation Report
European shares edged higher in cautious trade on Wednesday as investors monitored the latest updates from Sino-U.S. talks and awaited crucial U.S. inflation data for direction.
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Asian Shares Climb On Trade Talk Optimism
Asian stocks advanced on Wednesday after top U.S. and Chinese officials said they have reached a framework to implement the Geneva consensus, following two days of discussions in London.
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hace 39 minutos
Commodity Currencies Slide Amid Crude Oil Price Drop
The commodity currencies such as the Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Wednesday amid crude oil price drop, as markets awaited the outcome of US-China trade talks, which have yet to be approved by President Donald Trump, with China's poor oil demand and OPEC+ output increases weighing on the market.
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European Shares Seen Tad Lower At Open
European stocks may drift lower on Wednesday as market participants assess the outcome of U.S.-China trade negotiations.
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Sensex, Nifty Marginally Higher In Lackluster Trade
Indian shares were marginally higher on Wednesday after top U.S. and Chinese officials agreed on a "framework" to move forward on trade, following two days of high-level talks in London.
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Australian Market Trims Early Gains In Mid-market
The Australian market is trimming its early gains in mid-market moves on Wednesday, but extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,600 level to fresh all-time highs, following the positive cues from Wall Street overnight, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks.
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hace 5h 49min
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid easing trade war tensions after top U.S. and Chinese officials agreed upon a "framework" to move forward on trade, following two days of high-level talks in London. The framework will first need to be approved by leaders in Washington and Beijing.
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hace 6h 14min
Sensex, Nifty Set For Muted Start
Indian shares are seen opening little changed on Wednesday despite top U.S. and Chinese officials agreeing on a "framework" to move forward on trade, following two days of high-level talks in London.
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