CAC 40 Edges Higher On Rate Cut Expectations

RTTNews | Před 541 dny
CAC 40 Edges Higher On Rate Cut Expectations

(RTTNews) - French stocks climbed on Thursday amid expectations the European Central Bank will probably start cutting interest rates during the spring.

Elsewhere, the U.S. Federal Reserve is likely to hold rates steady at its policy meeting next week, but the 'dot plot' projections may signal future interest rate moves.

The U.S. producer price inflation data for February due out later in the day along with other reports on weekly jobless claims and retail sales may shed additional light on the outlook for interest rates.

The benchmark CAC 40 was up 55 points, or 0.7 percent, at 8,193 after rising 0.6 percent in the previous session.

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Sensex, Nifty End Choppy Session Little Changed

Sensex, Nifty End Choppy Session Little Changed

Indian shares fluctuated before ending little changed on Friday despite GST reforms optimism and firm cues from global markets amid growing expectations of a Federal Reserve interest-rate cut later this month.
RTTNews | Před 1 dnem
European Shares Inch Higher In Cautious Trade

European Shares Inch Higher In Cautious Trade

European stocks were modestly higher on Friday as investors braced for the key U.S. jobs reading due later in the day and French Prime Minister Francois Bayrou's confidence vote on Monday.
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Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The benchmark S&P/ASX 200 Index is gaining 30.30 points or 0.34 percent to 8,856.80, after touching a high of 8,880.70 earlier. The broader All Ordinaries Index is up 35.00 points or 0.39 percent to 9,126.40. Australian stocks closed significantly higher on Thursday.
RTTNews | Před 1 dnem
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as some weaker than expected U.S. private sector job growth in the month of August bolstered bets the US Fed will lower interest rates later this month. The markets are pricing in a September rate cut and anticipating at least two reductions this year.
RTTNews | Před 1 dnem