CAC 40 Rises As China Vows More Proactive Stimulus

RTTNews | 255 days ago
CAC 40 Rises As China Vows More Proactive Stimulus

(RTTNews) - French stocks rose on Monday as investors cheered signs of fresh stimulus measures in China.

The Politburo, a top decision-making body led by President Xi Jinping, said today it will stabilize property and stock markets while strengthening the "unconventional counter-cyclical" adjustment.

Investors also monitored the flare-up of tensions in Syria and awaited a European Central Bank policy meeting and the U.S. inflation figures this week for direction.

The ECB is expected to cut interest rates again this week amid worries about how fiscal policy will develop in Germany and France.

The benchmark CAC 40 was up 40 points, or half a percent, at 7,467 after rallying 1.3 percent on Friday.

China-related LVMH, Hermes and Kering were up 1-3 percent.

read more
Sensex, Nifty Extend Gains For Sixth Day On GST Optimism

Sensex, Nifty Extend Gains For Sixth Day On GST Optimism

Indian shares extended gains for a sixth day running on Thursday as investors continued to remain optimistic about S&P's rating upgrade for India, improving Sino-India relations and the Centre's plan to rationalize Goods and Services Tax (GST).
RTTNews | 24 minutes ago
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Thursday.
RTTNews | 1h 27min ago
European Shares Subdued Ahead Of Jackson Hole Summit

European Shares Subdued Ahead Of Jackson Hole Summit

European stocks were little changed on Thursday as investors looked ahead to Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium for hints of possible rate cuts this year.
RTTNews | 1h 35min ago
Asian Shares Mixed As Investors Await Powell Speech

Asian Shares Mixed As Investors Await Powell Speech

Asian stocks ended mixed on Thursday as investors awaited policy signals from Federal Reserve Chair Jerome Powell, who is expected to speak on Friday at the Fed's annual conference in Jackson Hole, Wyoming.
RTTNews | 2h 6min ago
European Shares Seen Flat To Higher At Open

European Shares Seen Flat To Higher At Open

European stocks are seen opening flat to slightly higher on Thursday as investors await the latest PMI data from the region and look forward to key speeches from Fed officials when they convene in Jackson Hole, Wyoming, for the Fed's annual economic symposium.
RTTNews | 5h 4min ago
European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

Flash Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Thursday. At 2.00 am ET, the Office for National Statistics publishes UK public sector finance data. At 3.15 am ET, S&P Global publishes France flash PMI survey results.
RTTNews | 5h 8min ago
Sensex, Nifty Extend Gains In Cautious Trade

Sensex, Nifty Extend Gains In Cautious Trade

Indian shares traded higher for a sixth consecutive session on Thursday, though overall gains remained limited due to mixed global cues ahead of the Federal Reserve's annual symposium at Jackson Hole, Wyoming, from August 21 to August 23, where Fed Chairman Jerome Powell is due to speak.
RTTNews | 6h 0min ago