CAC 40 Gains As Macron Prepares To Appoint New PM

Major European Markets Up In Positive Territory As Investors Eye Central Bank Meetings

After a cautious start, European markets are up in positive territory Monday afternoon with investors picking up stocks amid hopes of a rate cut by the Federal Reserve on Wednesday. The Bank of England, which is scheduled to announce its monetary policy on Thursday, is widely expected to hold rates steady. The Bank of Japan's policy announcement is also due this week.

RTTNews | 54 minutes ago

New York Manufacturing Index Unexpectedly Turns Negative In September

A report released by the Federal Reserve Bank of New York on Monday showed a substantial downturn by New York manufacturing activity in the month of September. The New York Fed said its general business conditions index plunged to a negative 8.7 in September from a positive 11.9 in August, with a negative reading indicating contraction. Economists had expected the index to fall to a positive 5.0.

RTTNews | 1h 6min ago

Mixed Open Seen For Canadian Shares

Bay Street may open on a mixed note Monday morning, tracking commodity prices. With rate decisions from the Federal Reserve and the Bank of Canada due on Wednesday, the mood is likely to remain a bit cautious at times.

RTTNews | 1h 47min ago

New York Manufacturing Index Plunges Much More Than Expected In September

A report released by the Federal Reserve Bank of New York on Monday showed a substantial downturn by New York manufacturing activity in the month of September.

RTTNews | 2h 1min ago

UK Stocks Turning In Mixed Performance

The UK stock market's benchmark FTSE 100 is roughly flat about an hour past noon on Monday, with stocks turning in a mixed performance. Shares of mining companies are exhibiting weakness due to data showing a slowdown in China's industrial output in the month of August.

RTTNews | 2h 20min ago

Dollar Slips As Rate Cut Hopes Deepen

The U.S. Dollar declined during the week ended September 12 amidst renewed hopes of a rate cut by the Federal Reserve on September 17.

RTTNews | 2h 24min ago

Pound Rises: Traders Await BoE Monetary Policy Decision

The British pound strengthened against other major currencies in the European session on Monday, as investors await the Federal Reserve's (Fed) and the Bank of England's (BoE) monetary policy announcements on Wednesday and Thursday.

RTTNews | 3h 9min ago

CAC 40 Rises Sharply; Kering, Thales Among Strong Gainers

Despite Fitch Ratings lowering France's long-term credit rating, citing climbing debt and political instability, the French stock market is up in positive territory on Monday with investors looking ahead to the policy announcements from the Federal Reserve, the Bank of England and the Bank of Japan this week.

RTTNews | 3h 13min ago

EURUSD	1.17552	GBPUSD	1.35883	AUDUSD	0.66571
USDJPY	147.424	USDCAD	1.38252	USDCHF	0.79515