CAC 40 Little Changed Ahead Of Fed, BoE Meetings

RTTNews | 253天前
CAC 40 Little Changed Ahead Of Fed, BoE Meetings

(RTTNews) - French stocks held steady on Wednesday ahead of upcoming Federal Reserve and Bank of England meetings.

Markets have priced in 25-basis point rate cut from the Federal Reserve later in the day.

Investors will closely scrutinize the Fed's updated economic projections and dot plot for insights into the pace and extent of potential rate cuts throughout 2025.

The Bank of England is expected to leave interest rates unchanged at 4.75 percent on Thursday after data showed U.K. inflation accelerated to 2.6 percent in November, driven by an increase in fuel prices.

The benchmark CAC 40 was marginally higher at 7,371 after finishing 0.1 percent higher on Tuesday.

Credit Agricole rose about 1 percent after it appointed Olivier Gavalda as the bank's new CEO.

Renault, which owns around 23 percent of Japan's Nissan, surged nearly 6 percent after reports emerged that Honda and Nissan have initiated talks on a possible merger.

read more
Euro Climbs Against Majors

Euro Climbs Against Majors

The euro firmed against its major counterparts in the New York session on Thursday.
RTTNews | 15分鐘前
Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.
RTTNews | 3小時53分鐘前
European Stocks Close Weak

European Stocks Close Weak

European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.
RTTNews | 4小時13分鐘前
U.S. Pending Home Sales Fall More Than Expected In July

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
RTTNews | 7小時13分鐘前
Eurozone Economic Confidence Weakens In August

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
RTTNews | 7小時23分鐘前
U.S. Economy Surges More Than Previously Estimated In Q2

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.
RTTNews | 7小時46分鐘前