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CAC 40 Declines On Interest-rate Fears
(RTTNews) - French stocks traded lower on Friday as bond yields hit a 15-year high on fears that major central banks will keep interest rates higher for longer to tame inflation.
Worries surrounding the Chinese economy also rattled investors.
Concerns mounted about the country's property sector after Evergrande, which has been working on a debt restructuring strategy for several months, filed for bankruptcy in New York.
The benchmark CAC 40 was down 65 points, or 0.9 percent, at 7,126 after falling 0.9 percent the previous day.
China-related stocks were losing ground, with LVMH, Hermes International and Kering falling 1-2 percent.
Banks BNP Paribas, Credit Agricole and Societe Generale all fell around 1 percent.
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Australia Unemployment Data Due On Thursday
Australia will on Thursday release June figures for unemployment, highlighting a modest day for Asia-Pacific economic activity.
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1h 2min atrás
U.S. Dollar Falls Amid Concerns Over Fed Leadership
The U.S. dollar weakened against its major counterparts in the New York session on Wednesday, after reports suggested that President Donald Trump is considering the potential removal of Federal Reserve Chair Jerome Powell very soon.
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1h 29min atrás
Swiss Market Ends Slightly Up
After a choppy ride till around noon, Swiss stocks gained in strength on Wednesday, but following some brisk selling in the closing minutes, ended the day's session with just a small gain.
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5h 38min atrás
European Stocks Close Weak On Tariff Concerns, Some Weak Earnings Updates
European stocks closed weak on Wednesday as concerns about tariffs, and reports that U.S. President Donald Trump will sack Fed Chair Jerome Powell sometime soon, hurt sentiment.
Investors also digested a slew of corporate earnings updates that fell short of expectations.
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5h 53min atrás
U.S. Industrial Production Climbs 0.3% In June, More Than Expected
Partly reflecting a surge by utilities output, the Federal Reserve released a report on Wednesday showing industrial production in the U.S. increased by more than expected in the month of June. The Fed said industrial production climbed by 0.3 percent in June, while revised data showed industrial production was unchanged in May.
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8h 36min atrás
U.S. Producer Prices Unexpectedly Flat In June, Annual Growth Slows More Than Expected
A report released by the Labor Department on Wednesday showed producer prices in the U.S. unexpectedly came in flat in the month of June. The Labor Department said its producer price index for final demand was unchanged in June after rising by an upwardly revised 0.3 percent in May.
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9h 8min atrás
U.S. Industrial Production Climbs More Than Expected In June
Partly reflecting a surge by utilities output, the Federal Reserve released a report on Wednesday showing industrial production in the U.S. increased by more than expected in the month of June.
RTTNews
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9h 43min atrás
Bay Street May Open With Positive Bias
Canadian shares may open with a slightly positive bias on Wednesday, although weak crude oil prices might limit the market's upside. Investors will focus on trade talks and earnings announcements from big name U.S. companies for directional clues.
RTTNews
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10h 1min atrás
