Advertisement
CAC 40 Climbs As Biden Says US Can Avert Recession
(RTTNews) - French stocks advanced on Friday amid optimism that China's economy is poised for a steady recovery from the COVID-19 impact.
Investors were also reacting to comments by U.S. President Joe Biden that a U.S. recession isn't inevitable and that the country was "in a stronger position than any nation in the world to overcome inflation."
The benchmark CAC 40 rose 49 points, or 0.8 percent, to 5,935 after declining 2.4 percent in the previous session.
EssilorLuxottica SA shares rose over 2 percent. The provider of ophthalmic lenses and frame said it will buy back up to 2.5 million shares in the period starting from June 17 to August 31, for a price not exceeding 200 euros per share.
read more
Bank Of Japan Holds Rate Steady; Plans To Lower ETF Holdings
The Japanese central bank left its key interest rate unchanged on Friday, as expected, but surprised markets with a decision to reduce the holdings of its massive stock of exchange-traded funds, suggesting that the monetary policy normalization is underway. The Bank of Japan policy board, led by Governor Kazuo Ueda, voted 7-2 to hold the uncollateralized overnight call rate at around 0.5 percen
RTTNews
|
2घंटे 37 मिनट पहले
Bay Street Likely To Open On Subdued Note
Canadian shares may open on a somewhat subdued note on Friday with investors reacting to retail sales data, and looking to take some profits following recent gains.
RTTNews
|
3घंटे 22 मिनट पहले
FTSE 100 Recovers After Slight Setback, Up Marginally At Noon
After an early modest upmove, the U.K. market slipped into negative territory Friday morning, but recovered ground subsequently to emerge above the flat thanks to selective buying at a few frontline counters.
RTTNews
|
4घंटे 45 मिनट पहले
Pound Slides As UK Bond Yield Soars
The British pound weakened against other major currencies in the European session on Friday, as long-dated UK bond yields rise sharply in response to increasing public sector borrowings in August.
RTTNews
|
5घंटे 6 मिनट पहले
CAC 40 Modestly Higher; Stellantis, ArcelorMittal Among Top Gainers
French stocks are up in positive territory on Friday with investors mostly making cautious moves, assessing recent policy announcements from central banks, and continuing to weigh the potential impact of tariffs on economic growth.
RTTNews
|
5घंटे 9 मिनट पहले
Sensex, Nifty End Lower On Profit Taking
Indian shares ended lower on Friday, with key benchmark indexes Sensex and Nifty snapping a three-day winning streak that was supported by GST reforms, encouraging progress in India-U.S. trade discussions and the Federal Reserve's first rate cut of the year.
RTTNews
|
5घंटे 26 मिनट पहले
DAX Pares Early Gains, Down Marginally
German stocks pared early gains and are down in negative territory a little past noon on Friday with investors looking to take some profits after previous session's sharp upmove.
RTTNews
|
5घंटे 32 मिनट पहले
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday.
RTTNews
|
5घंटे 38 मिनट पहले
