CAC 40 Climbs On Dovish Fed; ECB, BoE Rate Decisions Eyed

RTTNews | 629天前
CAC 40 Climbs On Dovish Fed; ECB, BoE Rate Decisions Eyed

(RTTNews) - French stocks rose sharply on Thursday, the dollar sank, and bond yields declined after the Federal Reserve held interest rates, as widely expected, and announced a shift towards cutting borrowing costs against the backdrop of slowing growth and easing inflation.

Interest-rate announcements from the European Central Bank and the Bank of England are due later in the day.

The benchmark CAC 40 was up 110 points, or 1.5 percent, at 7,641 after losing 0.2 percent the previous day.

Banks topped the gainers list, with BNP Paribas, Credit Agricole and Societe Generale climbing 2-4 percent.

Shares of Air France-KLM Group jumped 7 percent. The airline confirmed its 2024-2026 outlook and said it has revised upward operating margin outlook to above 8% over the 2026-2028 period.

Media giant Vivendi soared 8.2 percent after revealing a plan to split its businesses. ;

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Australian Market Extends Early Strong Gains In Mid-market

Australian Market Extends Early Strong Gains In Mid-market

The Australian market is extending its early strong gains in mid-market moves on Thursday, snapping a four-session losing streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains in mining, financial and technology stocks partially offset by weakness in energy stocks.
RTTNews | 19分鐘前
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

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RTTNews | 40分鐘前
Sensex, Nifty Seen Higher As Investors React To GST Meeting Outcome

Sensex, Nifty Seen Higher As Investors React To GST Meeting Outcome

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RTTNews | 1小時23分鐘前
Thai Shares Tipped To Open In The Green On Thursday

Thai Shares Tipped To Open In The Green On Thursday

The Thai stock market has moved higher in three straight sessions, adding almost 24 points or 2 percent in that span. The Stock Exchange of Thailand now sits just shy of the 1,260-point plateau and it's got a positive lead again for Thursday's trade.
RTTNews | 1小時52分鐘前
Additional Support Predicted For Indonesia Stock Market

Additional Support Predicted For Indonesia Stock Market

The Indonesia stock market has moved higher in back-to-back sessions, gathering almost 140 points or 1.8 percent along the way. The Jakarta Composite Index now rests just above the 7,885-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 2小時22分鐘前
Japanese Market Significantly Higher

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RTTNews | 2小時26分鐘前
Hong Kong Shares Poised To End Losing Streak

Hong Kong Shares Poised To End Losing Streak

The Hong Kong stock market has moved lower in two straight sessions, sinking more than 270 points or 1.1 percent in that span. The Hang Seng Index now sits just shy of the 25,350-point plateau although it may stop the bleeding on Thursday.
RTTNews | 2小時37分鐘前
Australian Market Notably Higher

Australian Market Notably Higher

The Australian market is trading notably higher on Thursday, snapping a three-session losing streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains in mining, financial and technology stocks partially offset by weakness in energy stocks.
RTTNews | 2小時51分鐘前