CAC 40 Inches Higher On China Demand Hopes

RTTNews | 944 일 전
CAC 40 Inches Higher On China Demand Hopes

(RTTNews) - French stocks were moving higher on Thursday amid optimism that cooling U.S. inflation would help reduce pressure for aggressive rate hikes from the Federal Reserve.

The dollar held steady and Treasury yields dipped amid bets on further softening of U.S. consumer inflation in December.

Hopes for a pickup in Chinese demand also underpinned sentiment, with upcoming Lunar New Year holidays likely to boost short-term demand.

The benchmark CAC 40 was up 41 points, or 0.6 percent, at 6,965 after rising 0.8 percent the previous day.

China-sensitive Kering rose over 1 percent on optimism over improvement in consumer demand.

Asian markets ended on a muted note earlier in the day while U.S. stock futures were slightly lower in pre-market trading.

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Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market has moved higher in five straight sessions, rallying more than 910 points or 3.9 percent along the way. The Taiwan Stock Exchange now sits just above the 24,370-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 34 분 전
Singapore Bourse May Test Resistance At 4,300 Points

Singapore Bourse May Test Resistance At 4,300 Points

The Singapore stock market on Wednesday ended the three-day slide in which it had fallen almost 40 points or 0.9 percent. The Straits Times Index now sits just above the 4,270-point plateau and it may see additional support on Thursday.
RTTNews | 1 시간 4 분 전
Malaysia Stock Market Tipped To Open In The Green

Malaysia Stock Market Tipped To Open In The Green

The Malaysia stock market has moved higher in seven straight sessions, collecting almost 60 points or 4 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it's got a positive lead again for Thursday's trade.
RTTNews | 1 시간 34 분 전
Hang Seng Tipped To Open To The Upside On Thursday

Hang Seng Tipped To Open To The Upside On Thursday

The Hong Kong stock market has moved higher in three straight sessions, gathering more than 750 points or 3 percent along the way. The Hang Seng Index now rests just above the 25,610-point plateau and it's called higher again on Thursday.
RTTNews | 1 시간 49 분 전
Japan Stock Market Has Positive Lead For Thursday

Japan Stock Market Has Positive Lead For Thursday

The Japan stock market had moved higher in six consecutive sessions, advancing more than 3,000 points or 7.3 percent along the way. The Nikkei 225 now sits just above the 43,270-point plateau and it's tipped to open in the green again on Thursday.
RTTNews | 1 시간 49 분 전
Additional Support Anticipated For South Korea Shares

Additional Support Anticipated For South Korea Shares

The South Korea stock market on Wednesday halted the three-day losing streak in which it had slumped more than 35 points or 1.2 percent. The KOSPI now sits just beneath the 3,225-point plateau and it may add to its winnings on Thursday.
RTTNews | 2 시간 4 분 전