Advertisement
CAC 40 Declines On Interest-rate Fears
(RTTNews) - French stocks traded lower on Friday as bond yields hit a 15-year high on fears that major central banks will keep interest rates higher for longer to tame inflation.
Worries surrounding the Chinese economy also rattled investors.
Concerns mounted about the country's property sector after Evergrande, which has been working on a debt restructuring strategy for several months, filed for bankruptcy in New York.
The benchmark CAC 40 was down 65 points, or 0.9 percent, at 7,126 after falling 0.9 percent the previous day.
China-related stocks were losing ground, with LVMH, Hermes International and Kering falling 1-2 percent.
Banks BNP Paribas, Credit Agricole and Societe Generale all fell around 1 percent.
read more
European Economic News Preview: German Import Price Data Due
Import prices from Germany and revised GDP data from Spain are the top economic news due on Tuesday. At 2.00 am ET, Destatis is scheduled to issue Germany's import price data. Economists expect import prices to grow 0.2 percent month-on-month in November, the same rate as in October. In the meantime, producer price figures are due from Sweden.
RTTNews
|
1 시간 24 분 전
Cautious Optimism Expected In European Markets
Stock markets in Europe are expected to trade on a cautiously optimistic note on Tuesday amidst rising geopolitical tensions, Fed rate cut hopes, thin holiday trade as well as mixed reactions to tech valuations.
RTTNews
|
2 시간 2 분 전
RBA Minutes: Policymakers Discussed Rate Hike Scenario
Policymakers of the Reserve Bank of Australia discussed scenarios in which policy tightening may need to be considered, the minutes of the meeting held on December 8 and 9 showed Tuesday. Members became less confident that monetary policy remains restrictive, the minutes showed. Policymakers assessed that inflationary pressures could be a little more persistent than had been previously estimated
RTTNews
|
2 시간 6 분 전
Australian Market Sharply Extends Early Gains In Mid-market
The Australian stock market is sharply expending the early gains in mid-market trading on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,750 level, with gains across most sectors led by financial and technology stocks.
RTTNews
|
4 시간 32 분 전
Indian Shares Look Headed For Another Positive Start
It's likely to be a firm start for Indian shares on Tuesday with investors set to track positive cues from Wall Street and Asian markets. A drop in oil prices is also likely to aid sentiment.
RTTNews
|
4 시간 41 분 전
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as the markets extend their gains boosted continued strength among technology stocks. Major currencies in the region also strengthened against the US dollar. Asian markets closed mostly higher on Monday.
RTTNews
|
4 시간 45 분 전
Canadian Dollar Rises Against U.S. Dollar
The Canadian dollar advanced against the U.S. dollar in the New York session on Monday.
RTTNews
|
6 시간 6 분 전
Hong Kong Stock Market Tipped To Open In The Green
The Hong Kong stock market has moved higher in four straight sessions, collecting more than 560 points or 2.2 percent in that span. The Hang Seng Index now sits just above the 25,800-point plateau and it may see additional support on Tuesday.
The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews
|
6 시간 42 분 전
