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CAC 40 Inches Higher As Inflation Holds Stable
(RTTNews) - French stocks were moving higher on Wednesday after data showed the country's inflation rate held stable at 6.2 percent in November.
On an EU-harmonized basis, the annual remained at 7.1 percent in the month, matching expectations.
Investors await crucial Eurozone inflation data as well as Fed Chair Jerome Powell's speech later in the day for directional cues.
Ahead of the ECB's interest-rate decision next month, ECB President Christine Lagarde said earlier this week that inflation in Europe hasn't reached its peak yet and it risks turning out even higher than currently expected.
The benchmark CAC 40 was up 15 points, or 0.2 percent, at 6,684 after finishing marginally higher on Tuesday.
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Pound Advances After U.K. Inflation Data
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Swiss Markets Ends Modestly Lower
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European Stocks Close On Mixed Note Amid Geopolitical, Trade Uncertainty
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A downward revision in U.S. federal deficit weighed as well.
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Bay Street Seen Opening On Mixed Note
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Firm bullion and crude oil prices could trigger buying in resources sectors and limit market's downside.
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UK Inflation Strongest Since Early 2024 On Household Bills, Employer Tax
UK consumer price inflation accelerated sharply to the highest level in more than a year in April due to higher domestic bills and the hike in employers' taxes, official data revealed on Wednesday. The consumer price index rose by a bigger-than-expected 3.5 percent year-on-year in April, which was faster than the 2.6 percent increase in March, the Office for National Statistics reported.
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11時57分前
FTSE 100 Down Marginally As Investors Focus On Inflation Data, Earnings
U.K. stocks are marginally down on Wednesday amid concerns over an impasse in Russia-Ukraine peace talks, a lack of progress in trade negotiations, and data showing an acceleration in British consumer price inflation in the month of April.
Investors are also reacting to some corporate earnings announcements.
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12時4分前
