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CAC 40 Edges Higher As Consumer Confidence Stabilizes

RTTNews | 664 days ago

CAC 40 Edges Higher As Consumer Confidence Stabilizes

(RTTNews) - French stocks advanced on Tuesday after a survey showed French consumer confidence stabilized in August, with a score of 85 points and meeting consensus estimates.

Hopes of further Chinese stimulus measures also underpinned investor sentiment ahead of a barrage of key economic readings due this week.

The benchmark CAC 40 was up 19 points, or 0.3 percent, at 7,343 after rallying 1.3 percent the previous day.

Euro zone bond yields slipped ahead of data on U.S. job openings that might provide additional clues on the Federal Reserve's rate trajectory.

Technip Energies N.V., an engineering and technology company, rose about 1 percent. The company announced that it has been awarded a contract by bp for a hydrogen production unit at its Kwinana biorefinery in Western Australia for undisclosed sum.

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Tesla Stock Gains As Robotaxi Hits On Austin Roads

Tesla Stock Gains As Robotaxi Hits On Austin Roads

Tesla Inc. officially launched its highly anticipated Robotaxi driverless taxi service in Austin, Texas, on Sunday. Currently, the company is providing service in limited areas of Austin. The vehicles were confined to certain streets, and the riders reportedly included investors and social-media influencers who live-streamed their trips. On the Nasdaq, Tesla shares are currently gaining around 7

RTTNews | 1h 9min ago

UK Private Sector Grows At Fastest Pace In 3 Months

UK Private Sector Grows At Fastest Pace In 3 Months

The UK private sector output picked up at the strongest pace in three months in June after business volume returned to growth, flash survey results from S&P Global showed on Monday. The flash composite output index registered 50.7 in June, up from 50.3 in May. The reading was above the crucial 50.0 no-change value for the second straight month.

RTTNews | 2h 39min ago

FTSE 100 Records Lower Losses

FTSE 100 Records Lower Losses

The FTSE 100 benchmark of the London Stock Exchange outperformed its peers in the region with lower losses in the wake of the sharp escalation in Middle East tensions over the course of the weekend.

RTTNews | 3h 6min ago

Eurozone Private Sector Expands For Sixth Straight Month

Eurozone Private Sector Expands For Sixth Straight Month

The euro area private sector expanded for the sixth straight month in June as sustained increases in manufacturing output coincided with a stabilization of services activity, flash purchasing managers' survey results from S&P Global showed on Monday. The flash HCOB composite output index remained unchanged at 50.2 in June. The index posted above the 50.0 no change mark for the sixth month.

RTTNews | 3h 36min ago

CAC 40 Falls As Market Spotlight On Middle East Tensions

CAC 40 Falls As Market Spotlight On Middle East Tensions

The CAC 40 benchmark changed course on Monday amidst a major escalation in Middle East tensions over the weekend that hurt global market sentiment.

RTTNews | 3h 46min ago

Dollar Rebounds Amidst Escalation In Middle East Tensions

Dollar Rebounds Amidst Escalation In Middle East Tensions

The U.S. Dollar rebounded against major currencies during the week ended June 20 amidst an escalation in tensions in the Middle East.

RTTNews | 4h 10min ago

DAX Dips As Middle East Crisis Deepens

DAX Dips As Middle East Crisis Deepens

Amidst weak sentiment triggered by the U.S. attacks on Iran and fears of Iran's response thereto, the DAX is trading in mildly negative territory.

RTTNews | 4h 15min ago

Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the European session on Monday.

RTTNews | 5h 2min ago

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