CAC 40 Little Changed In Lackluster Trade

RTTNews | il y a 1035
CAC 40 Little Changed In Lackluster Trade

(RTTNews) - French stocks were little changed on Friday as investors awaited Eurozone inflation data and the all-important U.S. jobs data later in the day for directional cues.

The dollar traded higher in European trade after strong ADP private payrolls data and weekly jobless claims figures provided further evidence of a tight labor market and dashed hopes for a change to aggressive Fed policy anytime soon.

Adding to concerns about the economic outlook, Fed members Esther George and James Bullard said that interest rates will stay higher for longer to tame inflation.

The benchmark CAC 40 was marginally lower at 6.759 after closing 0.2 percent lower the previous day.

Treasury 10-year yields steadied after their first gain of the week on Thursday.

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Asian Shares Bounce Back On Strong US Data

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Asian markets rose on Thursday after two days of declines. Traders pondered the outlook for interest rates after the release of strong U.S. economic data and the announcement of 2025 election results, which were good to Democrats with wins in several major races, including governor's races in two states.
RTTNews | il y a 1h 51min
U.S. Dollar Falls Amid Risk-off Mood

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The U.S. dollar weakened against other major currencies in the Asian session on Thursday amid increased risk-off sentiment, as some traders looked to pick up stocks at reduced levels following the recent sell-off. Traders also react to upbeat private U.S. economic data and growing expectations that the U.S. Supreme Court may reject the Trump administration's aggressive trade policy.
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German Industrial Production Recovers In September

German Industrial Production Recovers In September

Germany's industrial production recovered in September driven by the rebound in the auto industry, official data revealed on Thursday. Industrial output expanded 1.3 percent from August, when it was down 3.7 percent, Destatis reported. Economists had forecast a monthly growth of 3.0 percent. Year-on-year, industrial production logged a slower decline of 1.0 percent, following a 3.6 percent fall.
RTTNews | il y a 2h 14min
European Economic News Preview: Bank Of England Set To Hold Rates

European Economic News Preview: Bank Of England Set To Hold Rates

The Bank of England is expected to hold its benchmark rate on Thursday as policymakers await the Autumn Budget announcement. Markets widely expect the BoE to maintain the bank rate at 4.00 percent in a split vote. The current rate is the lowest since early 2023. The policy decision is due at 7.00 am ET.
RTTNews | il y a 3h 50min
European Shares Set For A Firm Start

European Shares Set For A Firm Start

European stocks are seen opening broadly higher on Thursday as solid U.S. private sector employment and services sector activity data helped calm investor worries about stretched valuations.
RTTNews | il y a 4h 45min
Sensex, Nifty Open Higher On Firm Global Cues

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Indian shares opened a tad higher on Thursday, mirroring mostly positive cues from global markets as solid U.S. private sector employment and services sector activity data helped calm investor worries about stretched valuations.
RTTNews | il y a 5h 44min