CAC 40 Edges Higher As Consumer Confidence Stabilizes

RTTNews | 840 ngày trước
CAC 40 Edges Higher As Consumer Confidence Stabilizes

(RTTNews) - French stocks advanced on Tuesday after a survey showed French consumer confidence stabilized in August, with a score of 85 points and meeting consensus estimates.

Hopes of further Chinese stimulus measures also underpinned investor sentiment ahead of a barrage of key economic readings due this week.

The benchmark CAC 40 was up 19 points, or 0.3 percent, at 7,343 after rallying 1.3 percent the previous day.

Euro zone bond yields slipped ahead of data on U.S. job openings that might provide additional clues on the Federal Reserve's rate trajectory.

Technip Energies N.V., an engineering and technology company, rose about 1 percent. The company announced that it has been awarded a contract by bp for a hydrogen production unit at its Kwinana biorefinery in Western Australia for undisclosed sum.

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Eurozone Private Sector Growth Moderates In December

Eurozone Private Sector Growth Moderates In December

The euro area private sector growth eased in December as the manufacturing sector contracted and the services activity logged a weaker expansion, a flash survey compiled by S&P Global showed on Tuesday. The HCOB composite output index, which measures overall private sector activity, dipped to 51.9 in December from a final reading of 52.8 in November.
RTTNews | 1h 17phút trước
Pound Rises After Strong U.K. PMI Data

Pound Rises After Strong U.K. PMI Data

The British pound strengthened against other major currencies in the European session on Tuesday, after the UK PMI showed an improvement in the private sector for the month of December.
RTTNews | 2h 57phút trước
FTSE 100 Down Slightly In Cautious Trade As Unemployment Rate Rises

FTSE 100 Down Slightly In Cautious Trade As Unemployment Rate Rises

U.K. stocks showed weakness Tuesday morning, weighed down by losses in defense stocks amid progress in Ukraine peace talks. Also, investors exercised caution amid a slew of crucial economic data from the U.S., including the jobs report, this week. Data showing an increase in the nation's unemployment rate weighed a bit.
RTTNews | 3h 19phút trước
German Economic Confidence Strongest In 5 Months

German Economic Confidence Strongest In 5 Months

German economic sentiment strengthened to a five-month high in December as analysts expect the expansive fiscal policy to support economic recovery, the financial market survey conducted by the think tank ZEW showed Tuesday. The economic sentiment index advanced to 45.8 in December from 38.5 in the previous month, reaching the highest since last July. The score was seen at 38.4.
RTTNews | 3h 23phút trước
French Market Roughly Flat At Noon As Traders Weigh Weak PMI Data

French Market Roughly Flat At Noon As Traders Weigh Weak PMI Data

French stocks turned in a mixed performance Tuesday morning as investors reacted to the data showing stagnation in the nation's private sector activity in December, and looked ahead to some crucial U.S. data, including the jobs report, for clues about Fed's monetary policy in the coming months.
RTTNews | 3h 59phút trước
DAX Drifts Lower As Weak PMI Data Weigh On Sentiment

DAX Drifts Lower As Weak PMI Data Weigh On Sentiment

German stocks drifted lower in cautious trade Tuesday morning as investors reacted to German PMI data and looked ahead to the crucial U.S. jobs data for clues about the Federal Reserve's monetary policy. The focus was also on the progress in Ukraine peace talks.
RTTNews | 4h 20phút trước