Advertisement
CAC 40 Holds Steady As Investors Await US GDP Data
(RTTNews) - French stocks struggled for direction in early trade on Wednesday as growth worries offset expectations of slower interest-rate hikes from the Federal Reserve.
The focus is now on the fourth-quarter U.S. GDP data due Thursday, which could set the tone for the Fed's Jan. 31-Feb. 1 policy meeting.
The benchmark CAC 40 was marginally higher at 7,055 after rising 0.3 percent in the previous session. The U.S. dollar was pinned around its lowest level in nine months against peers.
Alstom SA was moving lower. The rolling stock maker reported that its sales for the third quarter 2022/23 rose to 4.22 billion euros from 3.92 billion euros in third quarter 2021/22.
The company confirmed full year outlook and mid-term 2024/25 objectives.
read more
European Shares Subdued In Lackluster Trade
European stocks were flat to slightly lower on Wednesday, after having closed around one-month lows the previous day due to worries about an AI bubble, dwindling rate cut hopes and investor anxiety about the economic outlook.
RTTNews
|
1小時57分鐘前
Asian Shares Give Up Early Gains To End Lower
Asian stocks ended mostly lower on Wednesday, failing to hold onto early gains after a three-day sell-off as investors awaited Nvidia earnings, the release of minutes from the Federal Open Market Committee meeting held on October 28-, and the delayed September jobs report.
RTTNews
|
2小時28分鐘前
NZ Dollar Falls Amid RBNZ Rate Cut Speculation
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, as traders speculate that the Reserve Bank of New Zealand or RBNZ is likely to cut its interest rate at its upcoming meeting next week.
RTTNews
|
4小時27分鐘前
Canadian Dollar Rises Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews
|
5小時1分鐘前
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday.
RTTNews
|
5小時14分鐘前
Australia Leading Index Signals Above-Trend Growth Momentum Next Year
Australia's leading index signaled that the growth will move at a slightly above-trend pace in early 2026, Westpac said on Wednesday. The six-month annualized growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, rose to 0.35 percent in October from 0.10 percent in September.
RTTNews
|
5小時18分鐘前
European Shares Seen Opening On Cautious Note
European stocks look set to open on a cautious note Wednesday, with upcoming Nvidia earnings and U.S. economic data likely to be in focus.
RTTNews
|
5小時33分鐘前
European Economic News Preview: UK Inflation Data Due
Consumer prices from the UK and the euro area are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK consumer prices for October. Economists forecast inflation to ease to 3.5 percent from 3.8 percent in September.
RTTNews
|
5小時42分鐘前
