CAC 40 Declines On Uncertainty Over Rate Cuts

RTTNews | Před 639 dny
CAC 40 Declines On Uncertainty Over Rate Cuts

(RTTNews) - French stocks declined on Tuesday as traders pared back expectations on near-term rate cuts by the U.S. Federal Reserve and the European Central Bank.

French central bank Governor Francois Villeroy de Galhau said in Davos that it's too early to declare victory over inflation, but the ECB's next move is likely to be an interest rate cut sometime this year.

The benchmark CAC 40 was down 32 points, or 0.4 percent, at 7,379 after closing 0.7 percent lower on Monday.

In corporate news, Air France-KLM Group shares fell over 2 percent. The airline announced today its decision to withdraw from its existing air cargo agreements with CMA CGM, a French shipping and logistics company, from March 31, 2024.

read more
Japanese Market Notably Lower

Japanese Market Notably Lower

Reversing the strong gains in the previous two sessions, the Japanese market is notably lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 48,000 mark, with weakness index heavyweights, automakers and technology stocks.
RTTNews | Před 10 minutami
Continued Consolidation Called For Hang Seng

Continued Consolidation Called For Hang Seng

The Hong Kong stock market turned lower again on Thursday, one day after halting the seven-day losing streak in which it had plummeted more than 1,850 points or 7 percent. The Hang Seng Index now rests just beneath the 25,900-point plateau and the losses may accelerate on Friday.
RTTNews | Před 14 minutami
Win Streak May End For China Stock Market

Win Streak May End For China Stock Market

The China stock market has finished higher in back-to-back sessions, collecting more than 50 points or 1.2 percent along the way. The Shanghai Composite Index now sits above the 3,915-point plateau although it's expected to open under pressure on Friday.
RTTNews | Před 29 minutami
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Friday, snapping a three-session winning streak, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 9,050 level, with weakness in technology stocks and a mixed performance in most other sectors.
RTTNews | Před 49 minutami
Rally May Stall For Taiwan Stock Market

Rally May Stall For Taiwan Stock Market

The Taiwan stock market has climbed higher in consecutive trading days, advancing more than 850 points or 2.9 percent along the way. The Taiwan Stock Exchange now sits just beneath the 27,650-point plateau although it may run out of steam on Friday.
RTTNews | Před 59 minutami
Singapore Bourse May Extend Thursday's Losses

Singapore Bourse May Extend Thursday's Losses

The Singapore stock market headed south again on Thursday, one day after snapping the five-day losing streak in which it had stumbled almost 120 points or 2.9 percent. The Straits Times Index now rests just beneath the 4,360-point plateau and it may take further damage on Friday.
RTTNews | Před 1 h 29 min
Malaysia Bourse May Remain Stuck In Neutral

Malaysia Bourse May Remain Stuck In Neutral

The Malaysia stock market has moved higher in two straight sessions, although it has picked up less than a point in that span. The Kuala Lumpur Composite Index now sits just above the 1,610-point plateau and little movement is expected again on Friday.
RTTNews | Před 1 h 59 min
Nikkei May See Profit Taking On Friday

Nikkei May See Profit Taking On Friday

The Japanese stock market has climbed higher in two straight sessions, rallying more than 1,425 points or 2.8 percent along the way. The Nikkei 225 now sits just above the 48,275-point plateau although investors may lock in gains on Friday.
RTTNews | Před 2 h 14 min