Advertisement
CAC 40 Gains As US Inflation Data Looms
(RTTNews) - French stocks traded higher on Thursday amid renewed optimism that the U.S. Federal Reserve is going to cut interest rates in March.
U.S. consumer price inflation data, due out later in the day is expected to provide more clarity on the Fed's monetary policy outlook this year.
The benchmark CAC 40 was up 45 points, or 0.6 percent, at 7,471 after ending little changed on Wednesday.
Air Liquide, Capgemini, Dassault Systemes, Hermes International, Pernod Ricard, Renault and Sanofi were up 1-2 percent.
Vinci SA rose half a percent. The engineering and construction company announced that it has reduced the size of its revolving credit facility by renewing the agreement with a syndicate of 23 relationship banks.
read more
TSX Pares Gains After Hitting Fresh Record High; Gildan Activewear Soars 11%
Despite coming off early highs, the Canadian market remains in positive territory on Wednesday afternoon, supported by gains in consumer discretionary, communications and real estate sectors. Stocks from financial section are also faring reasonably well.
RTTNews
|
2時25分前
Swiss Market Ends On Firm Note
The Switzerland market closed on a firm note on Wednesday, despite struggling for support mid way through the day's trading session. Investors largely made their moves, reacting to the most recent earnings updates.
RTTNews
|
2時50分前
European Stocks Close Mostly Higher
European stocks closed mostly higher on Wednesday on rising optimism about a rate cut by the Federal Reserve in September, and easing trade and geopolitical tensions. Gains were somewhat modest in several markets and traders chose to stay cautious at higher levels, choosing to wait for more economic data, and news from the tariff front.
RTTNews
|
3時8分前
Bay Street Likely To Open On Positive Note
Canadian stocks may open higher on Wednesday, amid continued optimism about Fed interest rate cut, and easing geopolitical tensions ahead of talks between U.S. President Donald Trump and Russian President Vladimir Putin that is scheduled to take place on Friday.
RTTNews
|
7時52分前
U.S. Dollar Extends Fall Amid Fed Rate Cut Speculation
The U.S. dollar continued to trade lower against other major currencies in the European session on Wednesday, as the U.S. Consumer Price Index data from July has raised expectations that the Fed would lower interest rates in September.
RTTNews
|
8時17分前
FTSE 100 Modestly Higher; Beazley Plunges Sharply
U.K. stocks are turning in a mixed performance on Wednesday with investors reacting to earnings, and awaiting fresh data and trade news for directional clues.
RTTNews
|
8時24分前
CAC 40 Up Nearly 0.5%; Essilor Rises Sharply
French stocks are gaining some ground in positive territory on Wednesday, extending previous session's rise, amid continued optimism the Fed will reduce interest rate next month, and on slightly easing concerns about tariff after the U.S. decided to extend its pause on higher tariffs against China till November 10.
RTTNews
|
9時29分前
DAX Notably Higher As Fed Rate Cut Hopes, Easing Trade Tensions Lift Sentiment
The German market is up firmly in positive territory on Wednesday, with stocks from several sectors posting solid gains, amid expectations of a rate cut by the Federal Reserve next month, and on hopes that the impact of tariffs on growth will be less severe than feared earlier. Investors are also digesting the nation's inflation data.
RTTNews
|
9時55分前
