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CAC 40 Edges Higher As Investors Await US Bank Earnings
(RTTNews) - French stocks rose on Friday to extend gains from the previous session as U.S. inflation and interest-rate worries receded and investors pinned hopes of more Chinese stimulus to revive stalling growth in the world's second largest economy.
Traders also awaited the unofficial start of the second-quarter U.S. earnings season, with financial giants Citigroup, JPMorgan Chase and Wells Fargo due to release their quarterly results before the start of trading.
The benchmark CAC 40 was up 25 points, or 0.3 percent, at 7,395 after adding half a percent the previous day.
The euro touched a fresh 16-month peak against a weakening dollar while Eurozone government bond yields were little changed after a powerful two-day rally.
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CAC 40 Modestly Higher
The French market is modestly higher in cautious trade on Tuesday with investors closely following the developments on the geopolitical front.
Tensions between Russia and Ukraine linger despite an announcement from U.S. President Donald Trump that the two nations would soon begin ceasefire negotiations.
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18分前
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Tuesday.
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Sensex, Nifty Tumble As Investor Seek Tariff Clarity
Indian shares fell sharply on Tuesday as investors watched the latest developments in the ongoing India-U.S. trade discussions.
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DAX Up Over 0.5% In Cautious Trade
German stocks are up in positive territory on Tuesday amid easing concerns about tariffs, and in reaction to the widely expected interest rate cut by the People's Bank of China.
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38分前
European Shares Inch Higher In Lackluster Trade
European shares inched higher on Tuesday as investors watched the latest developments on the trade front and reacted to widely expected rate cuts in China to stimulate consumption and loan growth.
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1時39分前
Australian Dollar Falls After RBA Rate Cut Decision
The Australian dollar weakened against other major currencies in the Asian session on Tuesday, Australia's central bank lowered its benchmark rate by a quarter-point on Tuesday as risks to inflation became more balanced.
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Asian Shares Mostly Higher In Cautious Trade
Asian stocks ended mostly higher on Tuesday after China and Australia cut interest rates as expected.
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2時9分前
Australia Cuts Key Interest Rate For Second Time This Year
Australia's central bank lowered its benchmark rate by a quarter-point for the second time this year as risks to inflation became more balanced, while uncertainties regarding economic outlook increased due to trade protectionism measures. The policy board of the Reserve Bank of Australia, governed by Michele Bullock, decided to cut the cash rate target to 3.85 percent from 4.10 percent.
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2時53分前
