CAC 40 Extends Losses On Rate Worries

RTTNews | il y a 788
CAC 40 Extends Losses On Rate Worries

(RTTNews) - French stocks inched lower on Friday amid lingering worries about inflation and rising interest rates.

French business activity contracted in June for the first time in five months, data showed earlier today, adding to investor worries about slowing growth.

The benchmark CAC 40 was down 15 points, or 0.2 percent, at 7,188 after ending 0.8 percent lower the previous day.

The euro fell after separate data showed the bloc's growth virtually stalled this month. The dollar is also benefiting from a bout of risk aversion following hawkish comments from global central banks.

In corporate news, Capgemini SE shares rose half a percent. The IT services and consulting company has signed a share purchase agreement to acquire BTC Corp., a Japanese cloud and digital services provider for an undisclosed amount.

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European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks may open flat to slightly higher on Tuesday after U.S. President Donald Trump described his recent meeting with Ukrainian President Volodymyr Zelenskyy and European partners as 'very good" and said he's begun arranging a meeting between Zelensky and Russian President Vladimir Putin, possibly within the next two weeks.
RTTNews | il y a 1h 44min
Australia Consumer Sentiment At 3 1/2 Year High: Westpac

Australia Consumer Sentiment At 3 1/2 Year High: Westpac

Australia's consumer confidence improved to a three-and-a-half year high in August as the central bank is expected to lower rates further after a third cut this year, monthly survey results from Westpac showed on Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index rose to 98.5 in August from 93.1 in June.
RTTNews | il y a 2h 15min
Sensex, Nifty Slightly Higher In Early Trade

Sensex, Nifty Slightly Higher In Early Trade

Indian shares were slightly higher on Tuesday, extending the previous session's strong gains after the Modi government, in a bold Independence Day declaration, revealed plans for the largest tax overhaul since 2017.
RTTNews | il y a 2h 40min
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming its early losses in mid-market trading on Tuesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,900 level, with weakness in mining and energy stocks partially offset by gains in financial stocks.
RTTNews | il y a 3h 49min
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, amid optimism of a truce in the conflict between Russia and Ukraine with US President Donald Trump planning a summit meeting between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy very soon. Asian markets closed mostly higher on Monday.
RTTNews | il y a 3h 59min
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Tuesday after opening in the green, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street overnight, with the Nikkei 225 falling below the 43,500 level, with weakness in index heavyweights and financial stocks partially offset by gains in automakers and exporters.
RTTNews | il y a 4h 55min