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CAC 40 Marginally Lower In Lackluster Trade
(RTTNews) - French stocks were seeing marginal losses on Thursday as the dollar declined against the euro amid bets that the Federal Reserve will cut interest rates aggressively next year. While the Fed already indicated that it could look at cutting borrowing costs next year, the European Central Bank (ECB) did not share a similar outlook.
Trading volumes remain light with only a few days left in the calendar year.
The benchmark CAC 40 was marginally lower at 7,565 after finishing little changed with a positive bias in the previous session.
Economy-sensitive banks and automakers were losing ground, with Renault and Societe Generale both falling around 1 percent.
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European Stocks Close Broadly Higher
European markets closed mostly higher on Tuesday, although gains in most of the markets were just marginal or modest, as investors stayed somewhat cautious, reacting to a mixed batch of economic data, and assessing the impact of steep U.S. tariffs on the global economy.
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il y a 19 minutes
U.S. Service Sector Growth Unexpectedly Slows In July
A report released by the Institute for Supply Management on Tuesday unexpectedly showed a modest slowdown in the pace of growth by U.S. service sector activity in the month of July. The ISM said its services PMI edged down to 50.1 in July from 50.8 in June. While a reading above 50 still indicates growth, economists had expected the index to rise to 51.5.
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il y a 2h 56min
U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge
The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.
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il y a 3h 43min
U.S. Trade Deficit Narrows Slightly More Than Expected In June
The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday.
RTTNews
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il y a 4h 47min
Eurozone Private Sector Continues To Expand
Euro area private sector remained in the expansionary territory in July but the rate of growth remained sluggish as stagnant demand pulled back production, final survey results of the purchasing managers' survey by S&P Global showed on Tuesday. The HCOB composite output index rose to 50.9 in July from 50.6 in June. The flash reading was 51.0. A score above 50.0 indicates expansion.
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il y a 4h 50min
Bay Street May Open Slightly Higher
Canadian stocks may open on a positive note Tuesday morning amid expectations of a rate cut by the Federal Reserve next month. The focus will be on trade talks between Canad and Mexico.
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il y a 5h 1min
FTSE 100 Advances On Upbeat Earnings
The UK market is modestly higher on Tuesday, extending gains from previous session, thanks to some upbeat corporate earnings announcements, and expectations that the Federal Reserve will cut interest rate in the near future to spur economic growth.
RTTNews
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il y a 5h 30min
Pound Rises As Traders Await BoE Monetary Policy Meeting
The British pound strengthened against other major currencies in the European session on Tuesday, as traders shift their focus to the Bank of England's (BoE) monetary policy announcement on Thursday.
RTTNews
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il y a 5h 41min
