CAC 40 Rebounds After Thursday's Selloff

RTTNews | 1033 दिनों पहले
CAC 40 Rebounds After Thursday's Selloff

(RTTNews) - French stocks were moving higher on Friday as investors pinned hopes for demand recovery in the world's second-biggest economy on eve of upcoming Lunar New Year holiday.

Comments from several Fed officials expressing support for a downshift in the pace of U.S. rate rises also boosted sentiment.

The benchmark CAC 40 was up 32 points, or 0.4 percent, at 6,982 after plunging 1.9 percent the previous day.

China-exposed luxury stocks such as LVMH and Hermes International were gaining ground after China said the number of COVID-19 patients needing critical care in hospitals has peaked ahead of what is expected to be one of the busiest days of travel in years.

The dollar edged lower in early European trade and bond yields remained subdued as traders priced in the likelihood of a softer 25-bps rate hike at the Fed's January 31-February 1 meeting.

read more
Indian Shares End Lower On Weak Global Cues

Indian Shares End Lower On Weak Global Cues

Indian shares closed lower on Tuesday, mirroring weak cues from global markets as investors braced for the delayed September U.S. jobs data and earnings from Nvidia.
RTTNews | 1घंटे 12 मिनट पहले
Swiss Franc Rises Amid U.S.-Swiss Tariff Deal

Swiss Franc Rises Amid U.S.-Swiss Tariff Deal

The Swiss franc strengthened against other major currencies in the Asian session on Tuesday, after Switzerland negotiated a tariff agreement with the United States.
RTTNews | 2घंटे 56 मिनट पहले
Asian Shares Retreat Before Nvidia Earnings, Key US Data

Asian Shares Retreat Before Nvidia Earnings, Key US Data

Asian stocks tumbled on Tuesday as risk aversion intensified ahead of upcoming Nvidia earnings and a slew of U.S. economic data, including the delayed jobs report, which will be released almost seven weeks behind schedule due to the government shutdown.
RTTNews | 2घंटे 58 मिनट पहले
Swiss Franc Rises Against Majors

Swiss Franc Rises Against Majors

The Swiss franc strengthened against other major currencies in the Asian session on Tuesday.
RTTNews | 4घंटे 33 मिनट पहले
Commodity Currency's Slide Amid Risk-off Mood

Commodity Currency's Slide Amid Risk-off Mood

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, as Asian shares traded lower amid ongoing concerns about the market valuation, especially among technology shares, and the diminishing prospects of an interest rate cut by the U.S. Fed next month.
RTTNews | 5घंटे 28 मिनट पहले