CAC 40 Little Changed As Yields Climb On Fading Rate Cut Hopes

RTTNews | il y a 653
CAC 40 Little Changed As Yields Climb On Fading Rate Cut Hopes

(RTTNews) - French stocks were little changed on Monday amid facing expectations of an early rate cut in the U.S.

The dollar and bond yields remained supported after government data showed U.S. job growth surged unexpectedly in December.

The yields on the European 10-year benchmark note and the German 10-year rose for a third straight session ahead of U.S. consumer price inflation and producer price inflation data due this week.

The benchmark CAC 40 was marginally higher at 7,422 after losing 0.4 percent on Friday. Casino shares fell about 1 percent. The retail company said that the European Commission has authorized a consortium led by Daniel Kretinsky to take control of the Group as part of the financial restructuring.

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Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian stocks may open on a mixed note on Wednesday, tracking commodity prices and quarterly earnings announcements. The mood is likely to remain cautious amid tariff concerns, and uncertainty about the outlook for interest rate cuts next week.
RTTNews | il y a 4h 5min
Bank Indonesia Unexpectedly Holds Rate Steady At 4.75%

Bank Indonesia Unexpectedly Holds Rate Steady At 4.75%

Indonesia's central bank unexpectedly kept its key interest rate unchanged on Wednesday after three consecutive reductions as policymakers assess the impact of the previous easing. The Bank Indonesia board, led by Governor Perry Warjiyo, decided to hold the BI rate at 4.75 percent. The bank was expected to cut the rate by 25 basis points.
RTTNews | il y a 4h 9min
FTSE 100 Rises Nearly 1% On Soft Inflation Data

FTSE 100 Rises Nearly 1% On Soft Inflation Data

The U.K. market is up in positive territory on Wednesday, outperforming other major markets in Europe, thanks to softer-than-expected consumer price inflation data.
RTTNews | il y a 5h 36min
UK Consumer Prices Rise Less Than Forecast

UK Consumer Prices Rise Less Than Forecast

UK consumer prices rose less than expected and food inflation eased for the first time in six months in September, raising hopes that the Bank of England could reduce interest rates this year. Consumer prices logged an annual growth of 3.8 percent in September, the same rate of increase as seen in August, the Office for National Statistics said Wednesday. Prices were expected to climb at a faster
RTTNews | il y a 7h 11min
DAX Advances In Cautious Trade

DAX Advances In Cautious Trade

After a weak start and a subsequent recovery that briefly lifted it slightly above the flat line, the German stock market retreated and slipped into negative territory Wednesday morning amid cautious moves by investors due to a lack of progress in Ukraine peace talks and a disappoint earnings update from Netflix.
RTTNews | il y a 7h 30min