CAC 40 Dips On Growth Concerns

RTTNews | 1030 일 전
CAC 40 Dips On Growth Concerns

(RTTNews) - French stocks were moving lower on Thursday, with a lack of information on China's COVID outbreak and fears of a global recession weighing on sentiment.

Experts have expressed deep concerns that China may not be sharing data on any signs of evolving strains that could spark fresh outbreaks in countries around the world.

After Beijing announced plans to reopen its borders, Italy, Japan, Taiwan, India and the United States have announced mandatory tests on visitors from China.

Investors also fretted about the impact of the Fed's monetary tightening on global growth heading into 2023.

The benchmark CAC 40 was down 15 points, or 0.2 percent, at 6,492 after losing 0.6 percent the previous day.

China-exposed luxury firms such as LVMH and Kering were moving lower as uncertainties mount over China.

read more
CAC 40 Down Nearly 0.5% In Cautious Trade

CAC 40 Down Nearly 0.5% In Cautious Trade

French stocks are showing weakness on Friday after preliminary data showed a drop in the nation's services sector activity in the month of October. Investors are also reacting to corporate earnings updates, and awaiting the release of delayed U.S. inflation figures for September.
RTTNews | 24 분 전
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Friday.
RTTNews | 28 분 전
Sensex, Nifty Snap Six-day Rally

Sensex, Nifty Snap Six-day Rally

Indian shares ended lower on Friday as the government refrained from confirming reports of an imminent deal with the United States and crude oil prices surged in international markets after the announcement of U.S. sanctions on two top Russian producers.
RTTNews | 50 분 전
Canadian Dollar Falls As Crude Oil Prices Slide

Canadian Dollar Falls As Crude Oil Prices Slide

The Canadian dollar weakened against other major currencies in the Asian session on Friday, as oil prices declined following the US blacklisting of Rosneft and Lukoil.
RTTNews | 1 시간 14 분 전
UK Retail Sales Rise Unexpectedly; Consumer Confidence Improves

UK Retail Sales Rise Unexpectedly; Consumer Confidence Improves

UK retail sales grew unexpectedly in September amid strong expansion in non-store retailing, data from the Office for National Statistics showed Friday. Retail sales advanced 0.5 percent in September from the previous month, confounding expectations for a decline of 0.2 percent. Sales had climbed 0.6 percent in August.
RTTNews | 3 시간 11 분 전