CAC 40 Edges Up As Bond Yields Slip Ahead Of Central Bank Meetings

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CAC 40 Edges Up As Bond Yields Slip Ahead Of Central Bank Meetings

(RTTNews) - French stocks were a tad higher on Friday as Treasury yields dipped ahead of central bank meetings in the U.S., Europe and Japan next week.

The euro traded close to weekly lows against the dollar while bond yields eased somewhat after spiking in the previous session after the release of U.S. weekly jobless claims data.

The benchmark CAC 40 was up 14 points, or 0.2 percent, at 7,398 after climbing 0.8 percent on Thursday.

Technology firm Thales Group shares slumped 4.4 percent after tech stocks succumbed to heavy sell-off on Wall Street overnight.

The company upgraded its full-year revenue forecast after reporting first-half sales and earnings ahead of analysts' expectations.

Sartorius Stedim Biotech rallied 3.3 percent. The biopharmaceutical solutions provider confirmed its fiscal 2023 forecast despite uncertainties that remain high due to global political and economic situation.

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U.S. Dollar Higher On Trade Hopes

U.S. Dollar Higher On Trade Hopes

The U.S. dollar appreciated against its major counterparts in the New York session on Friday, as investors focused on developments on the trade front.
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Swiss Market Ends On Firm Note On Upbeat Industrial Production Data

Swiss Market Ends On Firm Note On Upbeat Industrial Production Data

After a positive start and a subsequent rise to higher levels Friday morning, the Switzerland market remained firm despite paring some gains, and ended the day's session on a bright note. Data showing a sharp jump in Swiss industrial production in the first-quarter aided sentiment.
RTTNews | 21घंटे 50 मिनट पहले
European Stocks Close Week On Positive Note

European Stocks Close Week On Positive Note

European stocks closed higher on Friday thanks to easing trade tensions following the announcement of the U.S.-China deal earlier in the week, and reports that the EU bloc's talks with the U.S. for a reduction in tariffs are making positive progress.
RTTNews | 22घंटे 13 मिनट पहले
Canadian Market Recovers After Weak Start; TSX Up Marginally

Canadian Market Recovers After Weak Start; TSX Up Marginally

Canadian stocks are turning in a mixed performance a little past noon on Friday after recovering from an early setback. Investors appear to be making cautious moves after eight straight days of gains that saw the market climb to a new record high on Thursday.
RTTNews | 23घंटे 0 मिनट पहले
U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May

U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May

Consumer sentiment in the U.S. has unexpectedly continued to deteriorate in the month of May, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index dipped to 50.8 in May after slumping to 52.2 in April. Economists had expected the index to inch up to 53.4.
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U.S. Import, Export Prices Unexpectedly Inch Higher In April

U.S. Import, Export Prices Unexpectedly Inch Higher In April

The Labor Department released a report on Friday unexpectedly showing modest increases by both U.S. import and export prices in the month of April. The report said import prices crept up by 0.1 percent in April after falling by a downwardly revised 0.4 percent in March.
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Eurozone Trade Surplus Surges On Exports To US

Eurozone Trade Surplus Surges On Exports To US

The euro area trade surplus grew strongly in March as exports to the U.S increased sharply ahead of the expected increase in trade tariffs. The trade balance showed a surplus of EUR 36.8 billion compared to a EUR 22.8 billion surplus in the same period last year, Eurostat reported Friday.
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