CAC 40 Gains As Aggressive Fed Bets Ease

RTTNews | Před 1061 dny
CAC 40 Gains As Aggressive Fed Bets Ease

(RTTNews) - French stocks rose on Friday as signs of cooling consumer and producer price inflation in the United States prompted traders to pare bets of aggressive policy tightening by the Federal Reserve.

Meanwhile, France's unemployment rate increased unexpectedly in the June quarter, though slightly, data from the statistical office INSEE showed.

The ILO jobless rate stood at 7.4 percent in the second quarter versus 7.3 percent in the March quarter. Economists had forecast the rate to remain stable at 7.3 percent.

The benchmark CAC 40 rose 28 points, or 0.4 percent, to 6,573 after rising 0.3 percent on Thursday.

Sanofi gained about 1 percent following two days of losses on growing worries about U.S. litigation focused on a heartburn drug that contained a probable carcinogen.

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European Shares Set For Lower Open With Focus On US Tariffs

European Shares Set For Lower Open With Focus On US Tariffs

European stocks look set to open broadly lower on Tuesday after U.S. President Donald Trump imposed new tariff rates on partners including Japan and South Korea but left the door open for additional negotiations, saying that the earlier notifications were "not 100 percent firm."
RTTNews | Před 37 minutami
European Economic News Preview: Germany Foreign Trade Data Due

European Economic News Preview: Germany Foreign Trade Data Due

Foreign trade data from Germany and France are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to release Germany's foreign trade data for May. Exports are forecast to remain flat in May after falling 1.7 percent in April. The trade surplus is seen at EUR 18.1 billion compared to April's EUR 14.6 billion surplus.
RTTNews | Před 52 minutami
Mild Selling Pressure Tipped For Thai Stock Market

Mild Selling Pressure Tipped For Thai Stock Market

The Thai stock market ticked higher again on Monday, one session after ending the four-day winning streak in which it had surged almost 50 points or 4.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,125-point plateau and it's likely to remain rangebound again on Tuesday.
RTTNews | Před 4 h 14 min
Indonesia Bourse May Hand Back Monday's Gains

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday ended the four-day losing streak in which it had slumped more than 60 points or 0.9 percent. The Jakarta Composite Index now sits just above the 6,900-point plateau although it's likely to turn lower again on Tuesday.
RTTNews | Před 4 h 44 min
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Tuesday, reversing the losses in the previous session, despite the broadly negative cues from Wall Street overnight, with the Nikkei 225 moving well above the 39,700 level, with gains in automakers and technology stocks.
RTTNews | Před 4 h 46 min
Hong Kong Bourse May Extend Losing Streak

Hong Kong Bourse May Extend Losing Streak

The Hong Kong stock market has finished lower in three straight sessions, sinking more than 330 points or 1.4 percent along the way. The Hang Seng Index now sits just shy of the 23,890-point plateau and it's tipped to open to the downside again on Tuesday.
RTTNews | Před 4 h 59 min