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CAC 40 Drifts Lower After Italian Windfall Tax On Banks
(RTTNews) - French stocks were moving lower on Tuesday after data showed China's exports and imports both fell more than expected in July, threatening recovery prospects and adding to pressure on policymakers to unveil additional stimulus.
Investors also awaited key inflation readings from the world's largest economies due this week for more clues on the growth and rate outlook.
The benchmark CAC 40 was down 26 points, or 0.4 percent, at 7,293 after ending flat with a positive bias in the previous session.
Banks BNP Paribas, Credit Agricole and Societe Generale fell 2-3 percent after Italy approved 40 percent windfall tax on banks' extra profits, to be applied in 2023.
Automaker Renault fell more than 1 percent on China growth concerns.
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China Stock Market May Stop The Bleeding On Thursday
The China stock market has finished lower in two straight sessions, retreating more than 80 points or 2.1 percent along the way. The Shanghai Composite Index now sits just above the 3,800-point plateau although it's due for support on Thursday.
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19 मिनटों पहले
Taiwan Stock Market May Extend Winning Streak
The Taiwan stock market has tracked higher in three straight sessions, gathering more than 750 points or 3.1 percent along the way. The Taiwan Stock Exchange now rests just beneath the 24,520-point plateau and it may add to its winnings again on Thursday.
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49 मिनटों पहले
Singapore Stock Market May Extend Wednesday's Gains
The Singapore stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had climbed almost 70 points or 1.6 percent. The Straits Times Index now sits just above the 4,245-point plateau and it may pick up steam on Thursday.
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1घंटे 19 मिनट पहले
Malaysia Bourse May Add To Its Winnings On Thursday
The Malaysia stock market rebounded on Wednesday, one day after ending the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it's expected to open in the green again on Thursday.
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1घंटे 49 मिनट पहले
Higher Open Called For Japan Stock Market
The Japan stock market bounced higher again on Wednesday, one session after ending the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just above the 42,520-point plateau and it's expected to open to the upside again on Thursday.
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2घंटे 4 मिनट पहले
KOSPI May Reclaim 3,200-Point Level
The South Korea stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,190-point plateau and it may tick higher again on Thursday.
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2घंटे 19 मिनट पहले
Korea Interest Rate Decision Due On Thursday
The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.
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3घंटे 19 मिनट पहले
Swiss Franc Advances Against Majors
The Swiss franc climbed against its major counterparts in the New York session on Wednesday.
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4घंटे 47 मिनट पहले
