CAC 40 Slides On Growth Jitters

RTTNews | 699天前
CAC 40 Slides On Growth Jitters

(RTTNews) - French stocks were moving lower on Wednesday after data showed activity in China's services sector grew at the slowest pace in five months in June in a new sign of a weakening economy.

Closer home, a survey revealed that activity in France's dominant services sector fell in June for the first time since January.

The benchmark CAC 40 was down 34 points, or half a percent, at 7,336 after closing 0.2 percent lower the previous day.

China-exposed luxury firm LVMH fell about 1 percent, Hermes International dropped half a percent and Kering tumbled more than 2 percent on China growth jitters. Engineering & Technology company Technip Energies NV rose 0.6 percent on news that it has received a project management consultancy contract from Saudi Aramco to develop the master plan for Ras Al Khair, a new industrial city in the Eastern Province of Saudi Arabia.

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Pound Advances Against Majors

Pound Advances Against Majors

The pound advanced against its major counterparts in the New York session on Tuesday.
RTTNews | 1小時1分鐘前
Canadian Market Slightly Higher In Cautious Trade

Canadian Market Slightly Higher In Cautious Trade

After a a weak start and a subsequent recovery, the Canadian market slipped into negative territory Tuesday morning, but edged higher again and was trading modestly higher about a couple of hours past noon. The early weakness was due to the uncertainty surrounding Trump's tariff moves, and downward revisions in Canadian and global growth forecast by the OECD.
RTTNews | 2小時55分鐘前
Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland market retreated after a positive start Tuesday morning, and after moving along the flat line till around mid afternoon, found some momentum and eventually ended the day's session modestly Expectations of a rate cut by the Swiss central bank contributed to market's upmove.
RTTNews | 3小時17分鐘前
European Stocks Recover From Early Weakness, Close Broadly Higher

European Stocks Recover From Early Weakness, Close Broadly Higher

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RTTNews | 3小時37分鐘前
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RTTNews | 5小時30分鐘前
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RTTNews | 5小時52分鐘前
Eurozone Inflation Falls Below 2% Target To Boost ECB Rate Cut Hopes

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Euro area inflation fell below the 2 percent target in May largely due to the slowdown in services inflation and reinforced expectations for another interest rate reduction from the European Central Bank later this week. Inflation softened more-than-expected to 1.9 percent in May from 2.2 percent in April, figures from Eurostat revealed on Tuesday. The rate was expected to slow to 2.0 percent.
RTTNews | 7小時10分鐘前