CAC 40 Little Changed Ahead Of ECB Meeting

RTTNews | 429日前
CAC 40 Little Changed Ahead Of ECB Meeting

(RTTNews) - French stocks held steady on Wednesday ahead of U.S. consumer inflation data due later in the day which could shed light on the size of a widely expected rate cut by the Federal Reserve at next week's policy meeting.

Focus was also on the European Central Bank (ECB), which is likely to reduce its own borrowing costs for the second time this year on Thursday.

The benchmark CAC 40 was marginally higher at 7,408 after declining 0.2 percent the previous day.

Drug maker Sanofi fell about 1 percent. The French company and its partner Regeneron have presented data from a phase 3 trial that could help push the megablockbuster across the finish line in the indication.

read more
FTSE 100 Down Sharply As Bond Yields Climb Higher

FTSE 100 Down Sharply As Bond Yields Climb Higher

UK stocks are falling on Friday with bond yields rising amid speculation Chancellor Rachel Reeves may backtrack on budget plans. The possibility of the Bank of England refraining from cutting interest rates due to fiscal concerns has raised concerns about fiscal and economic outlook.
RTTNews | 1時45分前
CAC 40 Sheds About 1.3% On Economic Concerns

CAC 40 Sheds About 1.3% On Economic Concerns

French stocks are showing weakness on Friday, retreating from record highs hit in the previous session, as concerns about high tech valuations outweighed the positive news about the end of the longest government shutdown in United States history.
RTTNews | 2時18分前
European Shares Extend Losses On Economic Concerns

European Shares Extend Losses On Economic Concerns

European stocks traded lower on Friday, extending losses from the previous session as investors fretted about an artificial intelligence bubble and the outlook for U.S. interest rates.
RTTNews | 4時22分前
China Industrial Output, Retail Sales Growth Eases

China Industrial Output, Retail Sales Growth Eases

China industrial production and retail sales grew at weaker rates in October and investment downturn deepened as economic activity weakened towards the end of the year. Industrial production logged an annual growth of 4.9 percent in October, the National Bureau of Statistics said Friday. This followed September's 6.5 percent expansion.
RTTNews | 5時0分前
NZ Dollar Rises After China Economic Data

NZ Dollar Rises After China Economic Data

The New Zealand dollar strengthened against other major currencies in the Asian session on Friday, following the release of the China retail sales and industrial production data in October.
RTTNews | 5時43分前