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CAC 40 Edges Higher As Investors Shrug Off Hawkish Fed Minutes
(RTTNews) - French stocks were slightly higher on Wednesday despite the latest FOMC minutes offering no indication of possible rate cuts.
Hamas and Israel have agreed to a Qatar-mediated pause in fighting, helping ease Middle East tensions.
The deal includes the release of 150 Palestinian prisoners held in Israeli jails in exchange for 50 people held captive by Hamas in Gaza since the armed group that rules the enclave stormed southern Israel on October 7.
The benchmark CAC 40 was up 31 points, or 0.4 percent, at 7,260 after declining 0.2 percent in the previous session.
Retail company Casino Group fell 1.3 percent after warning of likely 2023 losses for its core French business.
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UK Jobless Rate Rises; Wage Growth Softens
The UK unemployment rate rose slightly in the three months to April period and wage growth softened as the rise in social security contribution and the minimum wage started to weigh on the labor market activity. The ILO jobless rate rose to 4.6 percent in the three months to April, as expected, from 4.5 percent in the three months to March, data from the Office for National Statistics revealed T
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13 minit yang lalu
European Shares Mostly Lower; FTSE 100 Rises After Employment Data
European stocks were mostly lower on Tuesday as investors closely monitored the second day of high-stakes U.S.-China trade negotiations.
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43 minit yang lalu
Asian Shares Rise As US-China Talks Gather Momentum
Asian stocks advanced on Tuesday ahead of a second day of talks in London between China and the U.S. to resolve tariff disputes and strengthen economic relations.
U.S. officials expressed optimism after the first day of negotiations, boosting investor sentiment.
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1j 7min yang lalu
Pound Slides On Weak U.K. Employment Data
The British pound weakened against other major currencies in the early European session on Tuesday, after the U.K. unemployment rate rose slightly in the three months to April period.
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2j 3min yang lalu
Pound Slides Against Majors
The British pound weakened against other major currencies in the early European session on Tuesday.
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2j 24min yang lalu
European Shares Seen Tad Higher As Sino-US Trade Talks Enter Second Day
European stocks are likely to open higher on Tuesday as U.S.-China trade talks continue for a second day in London to defuse tensions over chip exports and critical minerals.
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4j 9min yang lalu
Australia NAB Business Conditions Ease; Confidence Improves
Australian business conditions eased in May amid ongoing profitability pressures and soft demand, while business confidence improved from the last month, survey data from NAB showed on Tuesday. A monthly survey conducted by Westpac showed that consumer confidence rose moderately in June, underpinned by interest rate cut and softening inflation.
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4j 16min yang lalu
Sensex, Nifty Lack Direction, Ongoing Trade Talks In Focus
Indian shares struggled for direction on Tuesday as investors waited for the outcome of U.S.-China talks that could pave the way for easing trade tensions.
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5j 7min yang lalu
