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CAC 40 Edges Higher In Cautious Trade
(RTTNews) - French stocks were seeing modest gains on Thursday despite signs of weakening growth in China and Europe and uncertainty over interest rates.
The benchmark CAC 40 was up 0.2 percent at 7,205 after declining 0.8 percent the previous day.
Banks BNP Paribas, Credit Agricole and Societe Generale were subdued ahead of next week's ECB policy meeting.
The European Central Bank should raise interest rates next week, perhaps for the last time since inflation remained stubbornly high, Slovak policymaker Peter Kazimir said on Wednesday.
China-exposed LVMH rose 0.7 percent and Hermes added 0.6 percent after data showed Chinese exports and imports shrank less than expected in August.
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CAC 40 Drifts Lower In Cautious Trade
The French market is down in negative territory Wednesday afternoon, with stocks moving in a narrow range as investors await further details on U.S.-China trade talks, and the crucial inflation data from the U.S. later in the day.
RTTNews
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22 minutos atrás
Euro Rises Amid Risk-on Mood
The euro strengthened against other major currencies in the European session on Wednesday amid increased risk-on mood, as investors monitored the latest updates from Sino-U.S. talks and awaited crucial U.S. inflation data for direction.
After two days of discussions in London, U.S. and Chinese officials have agreed on a limited framework to put their trade truce back on track.
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1h 28min atrás
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
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1h 38min atrás
Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains
Indian shares eked out modest gains on Wednesday as markets assessed the outcome of high-level U.S.-China talks and awaited key U.S. inflation readings for additional clues on the Federal Reserve's rate trajectory.
RTTNews
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1h 39min atrás
Tesla Shares Gain As Musk Sets Robotaxi Service Launch Tentatively On June 22
Tesla Inc. shares were gaining around 2.4 percent in the pre-market activity on the Nasdaq following a 6 percent jump on Tuesday's regular trading, after the founder and CEO Elon Musk confirmed that the much awaited robotaxi service is tentatively set to launch in Austin, Texas, on June 22. In a post on his social media platform X, Musk said, "Tentatively, June 22. We are being super paranoid...
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1h 42min atrás
DAX Up Marginally In Cautious Trade As Traders Await U.S. Inflation Data
German stocks advanced Wednesday morning, reacting positively to the news about top U.S. and Chinese officials reaching a framework to implement the Geneva consensus.
If approved, the Sino-U.S. deal will remove some restrictions on China's rare earth exports and unwind a few recent U.S. export bans.
RTTNews
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1h 50min atrás
European Shares Inch Higher Ahead Of US Inflation Report
European shares edged higher in cautious trade on Wednesday as investors monitored the latest updates from Sino-U.S. talks and awaited crucial U.S. inflation data for direction.
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3h 1min atrás
Asian Shares Climb On Trade Talk Optimism
Asian stocks advanced on Wednesday after top U.S. and Chinese officials said they have reached a framework to implement the Geneva consensus, following two days of discussions in London.
RTTNews
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3h 30min atrás
