CAC 40 Slumps As Investors Await US Jobs Data For Fed Rate Clues

RTTNews | 781 일 전
CAC 40 Slumps As Investors Await US Jobs Data For Fed Rate Clues

(RTTNews) - French stocks were moving lower on Thursday after the Federal Reserve's June meeting minutes showed policymakers anticipate two more interest- rate hikes in 2023 to bring inflation back down.

Concerns about China's economic recovery and rising tensions between the U.S. and China also sapped investors' appetite for riskier assets.

The benchmark CAC 40 was down 121 points, or 1.7 percent, at 7,190 after losing 0.8 percent in the previous session.

The dollar held slightly higher alongside Treasury yields ahead of the all-important U.S. jobs report due on Friday.

In corporate news, aircraft maker Airbus fell over 1 percent.

Reuters reported, citing industry sources that its deliveries increased by 6 percent in the first half of the year and the company is targeting 720 deliveries for the year.

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Australian Market Slashes Early Gains In Mid-market

Australian Market Slashes Early Gains In Mid-market

The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.
RTTNews | 1 시간 37 분 전
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted. Asian markets closed mixed on Friday.
RTTNews | 1 시간 54 분 전
Thai Shares Tipped To Open To The Upside On Monday

Thai Shares Tipped To Open To The Upside On Monday

The Thai stock market has finished higher in two of three trading days since the end of the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it's poised to extend its gains on Monday.
RTTNews | 3 시간 3 분 전
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving well above the 42,850 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | 3 시간 15 분 전
Indonesia Stock Market May End Losing Streak On Monday

Indonesia Stock Market May End Losing Streak On Monday

The Indonesia stock market has moved lower in two straight sessions, slipping almost 85 points or 1.1 percent along the way. The Jakarta Composite Index now sits just shy of the 7,860-point plateau although it's likely to stop the bleeding on Monday.
RTTNews | 3 시간 33 분 전
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is notably higher on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weal spot.
RTTNews | 3 시간 34 분 전