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CAC 40 Edges Higher On Hopes Of Easing Fed Policy
(RTTNews) - French stocks were seeing modest gains on Monday amid hopes that the U.S. Federal Reserve could slow its pace of interest rate hikes early next year.
Investors also braced for a busy week of earnings and a key interest rate decision from the European Central Bank on Thursday, with economists expecting another 75-point rate hike.
The benchmark CAC 40 was up 19 points, or 0.3 percent, at 6,054 after losing 0.9 percent on Friday.
Banks BNP Paribas, Credit Agricole and Societe Generale were up between half a percent and 1.2 percent.
Imerys, which specializes in the production and processing of industrial minerals, surged 4.3 percent after saying it wants to become the leading supplier of lithium in Europe.
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Win Streak May Continue For Singapore Stock Market
The Singapore stock market has climbed higher in two straight sessions, collecting almost 15 points or 0.4 percent along the way. The Straits Times Index now sits just above the 3,900-point plateau and it may extend its gains on Thursday.
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27 분 전
Malaysia Stock Market May Add To Its Winnings
The Malaysia stock market on Wednesday ended the six-day losing streak in which it had slipped more than 30 points or 2.1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,510-point plateau and it's expected to open to the upside again on Thursday.
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57 분 전
South Korea GDP Shrinks 0.2% In Q1
South Korea's gross domestic product contracted a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Bank of Korea said on Thursday.
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1 시간 9 분 전
Japan Stock Market May Test Resistance At 38,000 Points
The Japan stock market on Wednesday halted the three-day losing streak in which it had tumbled almost 1,000 points or 2.8 percent. The Nikkei 225 now sits just beneath the 37,750-point plateau and it may extend its gains on Thursday.
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1 시간 12 분 전
Mild Upside Seen For South Korea Stock Market
The South Korea stock market has finished higher in two straight sessions, collecting almost 75 points or 2.7 percent along the way. The KOSPI now rests just above the 2,770-point plateau and it may tick higher again on Thursday.
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1 시간 27 분 전
Australia Trade Data On Tap For Thursday
Australia will on Thursday release April figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In March, imports were down 2.2 percent on month and exports rose 7.6 percent for a trade surplus of A$6.90 billion.
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2 시간 27 분 전
U.S. Dollar Falls Amid Weak Data, Trade Tensions
The U.S. dollar slipped against its major counterparts in the New York session on Wednesday, following the release of weaker than expected economic data, as well as rising trade tensions.
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4 시간 49 분 전
Swiss Market Ends Moderately Higher
After a somewhat sluggish start, Swiss stocks gained in strength Wednesday morning and stayed firm right till the end of the session to sign off on a positive note.
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7 시간 10 분 전
