CAC 40 Slides As Hopes Of Rate Cuts Fade

RTTNews | 697日前
CAC 40 Slides As Hopes Of Rate Cuts Fade

(RTTNews) - French stocks declined on Friday as a jump in bond yields following hawkish comments from Fed and ECB officials weighed on investors' appetite for risk.

A weak U.S. Treasury auction also sent yields higher and dented hopes for rate cuts anytime soon.

On Thursday, Fed Chair Jerome Powell reiterated that the U.S. central bank will move 'carefully' and that the Fed won't hesitate to raise interest rates again, if needed.

European Central Bank and Bank of England policymakers also pushed back against expectations around rate cuts.

The benchmark CAC 40 was down 39 points, or 0.6 percent, at 7,074 after rallying 1.1 percent the previous day.

SCOR SE, a tier 1 reinsurance company, plunged 8 percent after quarterly gross written premium declined to 4.87 billion euros from 5.14 billion euros last year.

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Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, also adding to the slight losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 9,000 mark, with weakness in financial and technology stocks as well as a mixed performance across other sectors.
RTTNews | 1時1分前
Asian Markets Trade Mostly Higher

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RTTNews | 1時18分前
Sensex, Nifty Seen Opening On Flat Note

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RTTNews | 1時42分前
Soft Start Seen For Thai Stock Market

Soft Start Seen For Thai Stock Market

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RTTNews | 2時48分前
Japanese Market Notably Higher

Japanese Market Notably Higher

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RTTNews | 3時1分前
Win Streak May End For Indonesia Stock Market

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The Indonesia stock market has moved higher in three straight sessions, advancing almost 100 points or 1.2 percent along the way. The Jakarta Composite Index sits just beneath the 8,140-point plateau although it's likely to open under water on Tuesday.
RTTNews | 3時18分前
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, adding to the slight losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 9,000 mark, with weakness in financial and technology stocks as well as a mixed performance across other sectors.
RTTNews | 3時34分前
Taiwan Shares May Run Out Of Steam On Tuesday

Taiwan Shares May Run Out Of Steam On Tuesday

Ahead of Monday's holiday for the Mid-Autumn Festival, the Taiwan stock market had moved higher in four consecutive sessions, rallying more than 1,180 points or 4.7 percent along the way. The Taiwan Stock Exchange now sits just above the 26,760-point plateau although the rally may stall on Tuesday.
RTTNews | 3時48分前