CAC 40 Slides On China COVID Curbs

RTTNews | hace 1000
CAC 40 Slides On China COVID Curbs

(RTTNews) - French stocks edged lower on Tuesday after China started reintroducing strict pandemic curbs to fight a spike in COVID cases across several cities.

The new curbs dented hopes that the country will finally be ready to reopen soon.

The benchmark CAC 40 dropped 11 points, or 0.2 percent, to 6,623 after closing 0.2 percent lower on Monday.

The euro edged up against the dollar in cautious trade in the wake of mixed commentary from ECB policymakers on the rate hike path.

Societe Generale shares fell about 1 percent. The financial services company has joined hands with AllianceBernstein (AB), an investment management and research firm, to form a joint venture to accelerate growth in cash equities.

In the JV, the companies will combine their cash equities and equity research businesses.

read more
FTSE 100 Slips After Positive Start, Down Marginally

FTSE 100 Slips After Positive Start, Down Marginally

After a modest upmove in early trades, the U.K. market retreated on Monday with investors turning cautious, focusing on the upcoming meeting between U.S. President Donald Trump and several European leaders, after the Trump-Putin summit failed to result in any breakthrough to end the war in Ukraine.
RTTNews | hace 11 minutos
DAX Drifts Lower; Financials Stocks Among Major Losers

DAX Drifts Lower; Financials Stocks Among Major Losers

After four successive days of gains, the French market is exhibiting weakness on Monday as investors make cautious moves, focusing on the meeting between several European leaders and the U.S. President Donald Trump, after the recent Trump-Putin Summit failed to result in any breakthrough to end the war in Ukraine.
RTTNews | hace 36 minutos
DAX Down In Negative Territory In Cautious Trade

DAX Down In Negative Territory In Cautious Trade

German stocks are down in negative territory on Monday with investors focusing on the upcoming meeting between U.S. President Donald Trump and several European leaders, including Ukrainian President Volodymyr Zelenskyy, after the Trump-Putin summit failed to achieve a breakthrough on halting the war in Ukraine.
RTTNews | hace 55 minutos
Sensex, Nifty Rally On GST Reforms Push

Sensex, Nifty Rally On GST Reforms Push

Indian shares rose sharply on Monday after Prime Minister Narendra Modi unveiled plans of the biggest tax overhaul since 2017 over the weekend, boosting stocks across sectors like auto, financial, real estate, consumer and cement.
RTTNews | hace 1h 5min
Eurozone Trade Surplus Declines Sharply In June

Eurozone Trade Surplus Declines Sharply In June

The euro area trade surplus declined sharply in June as exports remained weak amid a rebound in imports, official data revealed on Monday. The trade balance registered a surplus of EUR 7.0 billion compared to May's surplus of EUR 16.5 billion, Eurostat reported. Compared to last year, the surplus contracted by EUR 13.7 billion from EUR 20.7 billion.
RTTNews | hace 1h 10min
Thai Economic Growth Slows In Q2

Thai Economic Growth Slows In Q2

Thailand's economy grew at a softer pace in the second quarter largely due to the slowdown in tourist arrivals, official data revealed on Monday. Gross domestic product expanded 2.8 percent year-on-year in the second quarter, slower than the 3.2 percent growth posted in the first quarter, the National Economic and Social Development Council said.
RTTNews | hace 2h 1min
Asian Shares Rise As Alaska Talks Show Progress

Asian Shares Rise As Alaska Talks Show Progress

Asian stocks rose broadly on Monday as investors reacted to ongoing U.S.-Russia talks on Ukraine and looked ahead to upcoming Federal Reserve Jerome Powell's Jackson Hole speech for clues on whether the U.S. central bank will cut interest rates next month. The summit between U.S. President Donald Trump and Russian President Putin in Alaska yielded no concrete agreements, but Russia agreed to "game-changing" security guarantees for Ukraine, helping inject new momentum into stalled efforts to end the Russia-Ukraine war.
RTTNews | hace 2h 44min