CAC-40 Falls As Markets Brace For Monetary Policy Reviews

RTTNews | 689日前
CAC-40 Falls As Markets Brace For Monetary Policy Reviews

(RTTNews) - Excitement over a potential dovish pivot by the European Central Bank dissipated, paving the way for anxiety regarding monetary policy decisions by the Federal Reserve, Bank of England and the Bank of Japan. Fears of the Fed keeping interest rates higher for longer dragged down the CAC - 40 benchmark in Monday's trading.

The CAC-40 is currently trading at 7,308.67, shedding 0.95 percent from the previous close. The day's trading has been between 7,298.53 and 7353.55.

Only 4 of the 40 scrips in the index are currently trading in positive territory. Unibail-Rodamco-Westfield gained 1.55 percent.

Shares of lender Societe Generale slipped 9.4 percent as investors appeared unimpressed with the strategy announced by the new CEO Slavomir Krupa.

Capgemini dropped 2.4 percent.

STMicroElectronics, Worldline, Kering, LVMH, Teleperformance, Edenred, BNB Paribas, Publicis Groupe and Air Liquide, all declined more than 1.5 percent.

The EUR/USD gained 0.17 percent to trade at 1.0673, whereas the Dollar Index shed 0.09 percent to trade at 105.22.

Bond yields hardened across regions and in tandem, yields on France's ten-year bonds have spiked 0.53 percent to 3.235%.

read more
Pound Jumps After BoE Rate Decision

Pound Jumps After BoE Rate Decision

The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.
RTTNews | 20分前
CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%

CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%

French stocks are up in positive territory on Thursday, despite concerns about the impact of U.S. tariffs that come into force today. Investors are largely focusing on earnings, and digesting the Bank of England's interest rate decision.
RTTNews | 22分前
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Thursday.
RTTNews | 38分前
Euro Rises Amid Trump's Tariff Implementations

Euro Rises Amid Trump's Tariff Implementations

The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.
RTTNews | 55分前
FTSE 100 Moderately Lower; BoE Cuts Interest Rate By 0.25%

FTSE 100 Moderately Lower; BoE Cuts Interest Rate By 0.25%

The U.K. market is down in negative territory a little past noon on Thursday, extending its morning weakness, as investors largely remain cautious despite the Bank of England (BoE) reducing interest rate by a quarter percentage point this noon.
RTTNews | 57分前
DAX Up Sharply As Investors React Positively To Earnings

DAX Up Sharply As Investors React Positively To Earnings

German stocks are up sharply on Thursday, with investors shrugging tariff concerns and going on a buying spree across the board, focusing mostly on earnings. A report showing a growth in the nation's exports in the quarter ended June is aiding sentiment, somewhat outweighing the data showing a sharp drop in industrial output in the month fof June.
RTTNews | 1時24分前
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Thursday.
RTTNews | 1時34分前
German Industrial Output Declines Most In 11 Months

German Industrial Output Declines Most In 11 Months

Germany's industrial production logged its biggest fall in nearly a year in June, data from Destatis revealed on Thursday. Industrial output decreased 1.9 percent on a monthly basis in June, worse than the economists' forecast of 0.4 percent drop. This was the biggest fall since July 2024.Production for May was revised down from the initially estimated 1.2 percent increase.
RTTNews | 1時46分前