Advertisement
CAC 40 Edges Higher Led By Banks
(RTTNews) - French stocks advanced on Friday, Eurozone bond yields edged up slightly and the euro was heading for a record twelfth week of declines against the dollar as investors waited for the latest U.S. employment report later in the day, which is expected to show a slowdown in hiring last month.
Closer home, European Central Bank board member Isabel Schnabel said earlier today that interest rates may need to rise again if needed to tame consumer prices. The ECB announces its rate decision on Oct. 26.
The benchmark CAC 40 was up 33 points, or half a percent, at 7,031 after finishing marginally higher on Thursday.
Banks traded higher, with BNP Paribas, Credit Agricole and Societe Generale climbing 1-2 percent.
read more
TSX Settles Roughly Flat
The Canadian stock market ended flat on Friday, amid uncertainty on US-Canada trade deal even as July 9 deadline set by the US President for tariff agreement is fast approaching.
RTTNews
|
1 dni temu
Euro Climbs Against Most Majors
The euro firmed against its most major counterparts in the New York session on Friday.
RTTNews
|
1 dni temu
Swiss Market Ends Slightly Down
After languishing in negative territory till a little before the final hour of the day's trading session, the Switzerland market managed to emerge into positive zone on Friday but failed to hold firm and eventually settled with a marginal loss.
RTTNews
|
1 dni temu
European Stocks Close Weak As Tariff Concerns Weigh On Sentiment
European stocks closed lower on Friday amid concerns about U.S. tariffs, and on some disappointing regional economic data.
RTTNews
|
1 dni temu
TSX Up Marginally After Posting New Record High
The Canadian market is up marginally a little past noon on Friday with investors largely making cautious moves on weak private sector activity report, and amid uncertainty about Trump administration's tariff moves.
RTTNews
|
1 dni temu
German Factory Orders Log Bigger-Than-Expected Fall
Germany's factory orders declined more than expected in May on falling demand from both the domestic market and other euro area economies, official data revealed on Friday. Factory orders decreased 1.4 percent from a month ago, Destatis reported. Orders were expected to drop 0.2 percent after an upwardly revised 1.6 percent rise in April. Orders declined for the first time in four months.
RTTNews
|
1 dni temu
Bay Street Headed For Weak Start
Canadian shares are likely to open on a negative note Friday morning, tracking weak European stocks and lower crude oil prices. Concerns about tariffs may weigh down on sentiment. Trading volumes are likely to remain thin as the U.S. market is closed for Independence Day holiday.
RTTNews
|
1 dni temu
UK Construction Sector Contraction Slowest In 6 Months
UK construction activity declined at the slowest pace since the current period of contraction began in January, survey results from S&P Global showed on Friday. The headline construction Purchasing Managers' Index rose to 48.8 in June from 47.9 in May. The expected score was 48.6. Any reading below 50.0 indicates an overall reduction in construction activity.
RTTNews
|
1 dni temu
