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CAC 40 Edges Higher In Cautious Trade
(RTTNews) - French stocks were seeing modest gains on Thursday despite signs of weakening growth in China and Europe and uncertainty over interest rates.
The benchmark CAC 40 was up 0.2 percent at 7,205 after declining 0.8 percent the previous day.
Banks BNP Paribas, Credit Agricole and Societe Generale were subdued ahead of next week's ECB policy meeting.
The European Central Bank should raise interest rates next week, perhaps for the last time since inflation remained stubbornly high, Slovak policymaker Peter Kazimir said on Wednesday.
China-exposed LVMH rose 0.7 percent and Hermes added 0.6 percent after data showed Chinese exports and imports shrank less than expected in August.
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Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note Thursday morning, reacting to data showing a bigger than expected increase in U.S. producer price index, and mixed batch of earnings data from Canada. Oil prices are up, while metals are exhibiting weakness.
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S&P Sees Limited Impact From U.S. Tariffs On Indian Economy, Raises Ratings
S&P Global Ratings upgraded India's sovereign ratings on Thursday citing a buoyant economic growth, enhanced monetary policy conditions and the government's fiscal consolidation commitment, while the higher tariffs from the U.S. administration is estimated to have only limited impact on the economy. India's sovereign credit ratings were raised to 'BBB' from 'BBB-', with a 'stable' outlook.
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U.S. Producer Prices Jump Much More Than Expected In July
Producer prices in the U.S. increased by much more than expected in the month of July, the Labor Department revealed in a report released on Thursday.
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U.S. Weekly Jobless Claims Unexpectedly Edge Modestly Lower
The Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 9th.
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Pound Rises On Upbeat U.K. GDP Data
The British pound strengthened against most major currencies in the European session on Thursday, as the U.K. economy rebounded at a faster-than-expected pace in June.
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Deere Stock Drops On Revised FY25 Outlook, Even As Q3 Beats Street
Deere & Co. shares were losing around 8 percent in the pre-market activity on the NYSE, after the firm on Thursday trimmed the higher end of its fiscal 2025 profit outlook range after reporting weak results in its third quarter. The farm and construction equipment manufacturer noted that its customers remain cautious amid ongoing uncertainty. Meanwhile, quarterly earnings per share and top line be
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2घंटे 17 मिनट पहले
FTSE Down Marginally As Stocks Turn In Mixed Performance
After posting gains in the previous three sessions, the U.K. market is exhibiting some weakness on Thursday, weighed down by losses in select mining, financials and energy stocks. Investors digesting the latest batch of earnings news and economic data.
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2घंटे 27 मिनट पहले
Pound Rises Against Most Majors
The British pound strengthened against most major currencies in the European session on Thursday.
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2घंटे 32 मिनट पहले
