CAC 40 Struggles For Direction In Lackluster Trade

RTTNews | 579 hari yang lalu
CAC 40 Struggles For Direction In Lackluster Trade

(RTTNews) - French stocks struggled for direction on Wednesday after European Central Bank Vice President Luis de Guindos said the euro zone is facing weak growth and a possible recession.

De Guindos said that economic weakness was broad-based, with construction and manufacturing hit particularly hard and services likely to follow in the coming months.

Meanwhile, French industrial output rebounded in November, offering some bright news. Data released earlier today showed French industrial production rose 0.5 percent from the month before in November.

The benchmark CAC 40 was little changed at 7,430 after losing 0.3 percent the previous day.

In corporate news, CGG rose about 1 percent after projecting a rise in the full-year segment revenue.

Aircraft manufacturer Airbus added half a percent following a deluge of bad news concerning Boeing's 737 Max jets.

read more
Bay Street Likely To Open Slightly Higher, But Weak Metal Prices Could Weigh

Bay Street Likely To Open Slightly Higher, But Weak Metal Prices Could Weigh

Canadian stocks may open with a slightly positive bias on Monday with investors looking ahead to the crucial U.S. inflation data due this week. The focus is also Trump administration's trade negotiations with China, and on the upcoming talks between the U.S. and Russia, aimed at bringing an end to the war in Ukraine.
RTTNews | 1j 25min yang lalu
FTSE 100 Up Marginally As Investors Look For Direction

FTSE 100 Up Marginally As Investors Look For Direction

The U.K. market is up in positive territory a little before noon on Monday with select counters attracting some strong buying interest. Uncertainty on the tariff front is rendering the mood a bit cautious and limiting the market's upside.
RTTNews | 3j 0min yang lalu
CAC 40 Drifts Lower In Lackluster Trade

CAC 40 Drifts Lower In Lackluster Trade

French stocks are down in negative territory on Monday as investors look for direction and make cautious moves while awaiting U.S. - Russia talks set to take place later in the week.
RTTNews | 3j 21min yang lalu
UK Job Placements Decline Sharply On Weaker Confidence & Budget Pressures

UK Job Placements Decline Sharply On Weaker Confidence & Budget Pressures

UK job placements logged a steep decline in July due to weaker confidence around the economic outlook and rising employment costs, monthly data from S&P Global showed Monday. Permanent staff appointments declined sharply in July and temp billings registered its biggest fall in five months, the KPMG/REC Report on Jobs said.
RTTNews | 4j 20min yang lalu