CAC 40 Slips On Growth Concerns

RTTNews | 859 दिनों पहले
CAC 40 Slips On Growth Concerns

(RTTNews) - French stocks were moving lower in thin holiday trading on Friday after the World Health Organization (WHO) expressed concern over new surge in COVID-19 cases in China.

As infections surge in China, several countries including the United States, Italy and Japan, have announced plans to impose new testing rules on Chinese visitors.

Meanwhile, China has said criticism of its COVID statistics is groundless, and downplayed the risk of new variants, saying it expects mutations to be more infectious but less severe.

The benchmark CAC 40 slipped 40 points, or 0.6 percent, to 6.533 after rallying 1 percent the previous day.

Luxury firms such as LVMH, Kering and Hermes International fell around 1 percent each on concerns that surging COVID-19 cases in China would weigh on global growth.

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Fed Leaves Interest Rates Unchanged, Warns Of Higher Unemployment, Inflation.

Fed Leaves Interest Rates Unchanged, Warns Of Higher Unemployment, Inflation.

The Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged, highlighting increased uncertainty about the economic outlook. The Fed said it decided to leave the target for the federal funds rate at 4.25 to 4.50 percent for the third straight meeting.
RTTNews | 1घंटे 27 मिनट पहले
Swiss Franc Rises Against Majors

Swiss Franc Rises Against Majors

The Swiss franc climbed against its major counterparts in the New York session on Wednesday.
RTTNews | 2घंटे 13 मिनट पहले
Swiss Market Ends Nearly 1% Down

Swiss Market Ends Nearly 1% Down

Swiss stocks opened on a weak note on Wednesday and languished in negative territory right through the day's session as investors stayed cautious ahead of the Federal Reserve and the Bank of England's monetary policy announcements, due later in the day, and on Thursday, respectively.
RTTNews | 2घंटे 24 मिनट पहले
Major European Markets Close On Weak Note After Cautious Session

Major European Markets Close On Weak Note After Cautious Session

The major European markets closed weak on Wednesday as investors reacted to earnings announcements, and awaited the monetary policy announcement from the Federal Reserve later in the day. The Bank of England's policy announcement is due on Thursday. Upbeat economic data from Germany, and optimism surrounding upcoming U.S.-China trade talks helped limit markets' downside.
RTTNews | 2घंटे 39 मिनट पहले
Canadian Stocks Up Firmly In Positive Territory

Canadian Stocks Up Firmly In Positive Territory

The Canadian market is up firmly in positive territory a little past noon on Wednesday, lifted by gains in utilities, technology, consumer and financials sectors. The market undertone is positive amid slightly easing tensions about tariffs ahead of U.S.-China meeting this week, and expectations that the Federal Reserve will hold interest rates unchanged.
RTTNews | 3घंटे 24 मिनट पहले
German Factory Orders Rebound Ahead Of U.S. Tariffs

German Factory Orders Rebound Ahead Of U.S. Tariffs

Germany's factory orders grew more than expected in March as U.S. manufacturers front-loaded their orders to avoid higher tariffs, official data revealed Wednesday. Factory orders advanced 3.6 percent month-on-month in March after remaining flat in February, Destatis reported. Orders are forecast to grow 1.4 percent.
RTTNews | 6घंटे 11 मिनट पहले
Bay Street Likely To Open Higher

Bay Street Likely To Open Higher

Canadian shares may open higher on Wednesday amid renewed hopes the U.S. and China will agree on a positive trade deal. The focus is also on the Federal Reserve's monetary policy announcement later in the day.
RTTNews | 7घंटे 19 मिनट पहले
FTSE Modestly Lower In Cautious Trade

FTSE Modestly Lower In Cautious Trade

The U.K. market is modestly lower on Wednesday as investors largely tread cautiously, digesting earnings and regional economic data, and awaiting the monetary policy announcements from the Federal Reserve and the Bank of England.
RTTNews | 8घंटे 59 मिनट पहले