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CAC 40 Slips Into Red As Investors Brace For A Busy Week Ahead

RTTNews | il y a 1031

CAC 40 Slips Into Red As Investors Brace For A Busy Week Ahead

(RTTNews) - French stocks were moving lower on Monday ahead of a busy week of earnings, economic data releases and central bank meetings.

Growth worries resurfaced after China reported disappointing data as a result of strict COVID-19 lockdowns.

China's official manufacturing purchasing managers' index (PMI) fell to 49.2 in October from 50.1 in September, and the non-manufacturing PMI, which measures business sentiment in the services and construction sectors, dropped to 48.7 from 50.6 in September as virus disruptions worsened and export orders remained under pressure, separate reports showed.

The benchmark CAC 40 fell 23 points, or 0.4 percent, to 6,249 after gaining half a percent on Friday.

The U.S. dollar edged higher ahead of central bank meetings due this week in Australia, the United States and the U.K.

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DAX Remains Weak Despite Paring Some Early Losses

DAX Remains Weak Despite Paring Some Early Losses

German stocks are down in negative territory in cautious trade on Wednesday amid political uncertainty in France ahead of a confidence vote early next month, and anxiety ahead of Nvidia's earnings for clues on the AI trade.

RTTNews | il y a 17 minutes

Mixed Sentiment In Asian Markets

Mixed Sentiment In Asian Markets

Asian markets moved in a mixed fashion on Wednesday amidst anxiety ahead of release of earnings update by chip-giant NVIDIA.

RTTNews | il y a 28 minutes

Euro Falls Against Majors

Euro Falls Against Majors

The euro weakened against other major currencies in the European session on Wednesday.

RTTNews | il y a 29 minutes

U.S. Dollar Rises Against Majors

U.S. Dollar Rises Against Majors

The U.S. dollar strengthened against other major currencies in the Asian session on Wednesday.

RTTNews | il y a 3h 7min

German GfK Consumer Confidence To Fall Further

German GfK Consumer Confidence To Fall Further

German consumer confidence is set to continue to fall in September as rising fear of job losses weighed on purchase decisions and damped hopes of robust economic recovery, a closely watched survey showed on Wednesday. The forward-looking consumer sentiment index fell to -23.6 in September from -21.7 in the previous month. The reading was forecast to drop moderately to -22.

RTTNews | il y a 3h 16min

European Markets Seen Opening Mildly Positive On Wednesday

European Markets Seen Opening Mildly Positive On Wednesday

Equity markets in Europe are expected to open on a positive note on Wednesday amidst waning risk aversion.

RTTNews | il y a 3h 28min

Australian Dollar Rises On Strong Monthly CPI Data

Australian Dollar Rises On Strong Monthly CPI Data

The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, following the release of Australia's consumer price inflation accelerating more than expected to a one-year high in July.

RTTNews | il y a 4h 8min

Australian Dollar Rises Against Majors

Australian Dollar Rises Against Majors

The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.

RTTNews | il y a 4h 36min

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