Receding War Clouds Lift CAC 40

RTTNews | 67 hari yang lalu
Receding War Clouds Lift CAC 40

(RTTNews) - The CAC 40 benchmark ended its three-day losing streak as diplomatic efforts to resolve the Middle East crisis boosted sentiment. The index that tracks the 40 largest French stocks based on the Euronext Paris has rallied more than half a percent in Friday's trading.

The CAC-40 is currently trading at 7,600.52, adding 0.62 percent from the previous close of 7,553.45. The day's trading has been between 7,817.20 and 7,583.92.

With easing in geopolitical tensions, only 6 scrips in the index are trading below the flatline. Kering rallied 2.5 percent followed by ArcelorMittal that gained 1.9 percent. AXA and ACCOR, both added around 1.75 percent.

Teleperformance topped losses with a decline of 3.4 percent.

Amidst the dollar's weakness attributed to ebbing safe-haven demand, the EUR/USD rallied 0.23 percent to 1.1524. The pair ranged between 1.1535 and 1.1490. The EUR/GBP pair has edged up 0.04 percent to 0.8540. The EUR/JPY pair has rallied 0.24 percent to 167.61.

Unlike its peers, bond yields in France eased 0.21 percent to 3.260 percent, versus the level of 3.267 percent at the previous close. Yields ranged between 3.276 percent and 3.229 percent.

read more
Australian Dollar Rises On Strong Monthly CPI Data

Australian Dollar Rises On Strong Monthly CPI Data

The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, following the release of Australia's consumer price inflation accelerating more than expected to a one-year high in July.
RTTNews | 38 minit yang lalu
Australia Inflation Accelerates To 1-Year High

Australia Inflation Accelerates To 1-Year High

Australia's consumer price inflation accelerated more than expected to a one-year high in July, indicating a more gradual approach to monetary policy easing. The CPI indicator advanced 2.8 percent year-on-year in July, following June's 1.9 percent rise, the Australian Bureau of Statistics reported. This was the strongest since July 2024.
RTTNews | 2j 18min yang lalu
European Economic News Preview: German GfK Consumer Confidence Due

European Economic News Preview: German GfK Consumer Confidence Due

Consumer sentiment survey data from Germany is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the market research group GfK publishes Germany's monthly consumer confidence survey results. The consumer sentiment indicator is forecast to fall to -22 in September from -21.5 in August.
RTTNews | 2j 53min yang lalu
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending it early gains in mid-market moves on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.
RTTNews | 3j 42min yang lalu
Asian Markets Mixed In Cautious Trades

Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious and seem reluctant to make significant moves ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation, which could impact the outlook for interest rates.
RTTNews | 3j 46min yang lalu
Mild Upside Seen For Thai Stock Market

Mild Upside Seen For Thai Stock Market

The Thai stock market on Tuesday ended the two-day winnings streak in which it had picked up almost 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to move back to the upside again on Wednesday.
RTTNews | 5j 13min yang lalu
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is staying below the 42,400 level, with a mixed performance across all sectors.
RTTNews | 5j 31min yang lalu