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CAC 40 Edges Higher On Hopes Of Easing Fed Policy
(RTTNews) - French stocks were seeing modest gains on Monday amid hopes that the U.S. Federal Reserve could slow its pace of interest rate hikes early next year.
Investors also braced for a busy week of earnings and a key interest rate decision from the European Central Bank on Thursday, with economists expecting another 75-point rate hike.
The benchmark CAC 40 was up 19 points, or 0.3 percent, at 6,054 after losing 0.9 percent on Friday.
Banks BNP Paribas, Credit Agricole and Societe Generale were up between half a percent and 1.2 percent.
Imerys, which specializes in the production and processing of industrial minerals, surged 4.3 percent after saying it wants to become the leading supplier of lithium in Europe.
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European Economic News Preview: Germany Inflation, Retail Sales Data Due
Inflation and retail sales from Germany and private sector credit from the euro area are the top economic news due on Friday. At 2.00 am ET, Destatis is scheduled to issue Germany's retail sales figures for April. Sales are forecast to grow 0.3 percent month-on-month, in contrast to the 0.2 percent fall in March.
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Před 23 minutami
European Shares Likely To Drift Lower At Open
European stocks may drift lower at open on Friday as investors follow the latest announcements on U.S. trade policy and tariffs.
RTTNews
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Před 43 minutami
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Friday.
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Před 1 h 9 min
Sensex, Nifty Struggle For Direction In Early Trade
Indian shares struggled for direction in early trade on Friday amid concerns that trade headwinds will not subside anytime soon.
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Před 2 h 8 min
Australian Market Swings To Modest Gains In Mid-market
The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 8,400 level, with gains in gold miners and financial stocks partially offset by weakness in iron ore miners and technology stocks.
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Před 2 h 51 min
Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Friday, despite the broadly positive cues from Wall Street overnight, as lingering uncertainty about the ongoing trade war continued to weight on the markets after an appeals court temporarily paused the lower court's ruling to block US President Donald Trump's reciprocal tariffs on imports from U.S. trade partners.
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Před 3 h 22 min
Sensex, Nifty Seen Lower Amid US Tariff Uncertainty
Indian shares are likely to open lower on Friday as investors watch the judicial developments surrounding U.S. President Donald Trump's "reciprocal" tariffs and weigh the outlook for Fed policy.
RTTNews
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Před 3 h 43 min
Higher Open Tipped For Thai Stock Market
The Thai stock market on Thursday ended the two-day slide in which it had dropped almost 20 points or 1.5 percent. The Stock Exchange of Thailand now rests just beneath the 1,165-point plateau and it's expected to open to the upside again on Friday.
RTTNews
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Před 4 h 50 min
