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CAC 40 Gains As Bond Yields Slide
(RTTNews) - French stocks rose sharply on Tuesday and bond yields declined as markets held out hopes that the U.S. Federal Reserve will soften its hawkish stance after delivering a widely expected 75-bps rate hike on Wednesday.
Yields in the 10-year Bund were close to levels seen right before last week's European Central Bank gathering while the 10-year U.S. Treasury yields dropped 8 basis points (bps) to 3.99 percent.
The benchmark CAC 40 jumped 111 points, or 1.8 percent, to 6,378 after closing 0.1 percent lower on Monday.
TotalEnergies shares rose nearly 3 percent, tracking higher oil prices after OPEC raised its forecasts for world oil demand in the medium- and longer-term in an annual outlook released on Monday.
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Indonesia Stock Market Due For Consolidation
The Indonesia stock market has moved higher in five straight sessions, gathering almost 180 points or 2.6 percent along the way. The Jakarta Composite Index now sits just beneath the 7,050-point plateau although it's expected to open under pressure on Monday.
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18 minutes ago
Hong Kong Shares May Open Under Pressure
The Hong Kong stock market has moved higher in two straight trading days, collecting almost 250 points or 1 percent along the way. The Hang Seng Index now sits just beneath the 24,140-point plateau although it may spin its wheels on Monday.
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33 minutes ago
Rally May Stall For China Stock Market
The China stock market has moved higher in back-to-back sessions, gathering more than 15 points or 0.5 percent along the way. The Shanghai Composite Index now sits just above the 3,510-point plateau although it may be stuck in neutral on Monday.
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48 minutes ago
Australian Market Modestly Lower
The Australian stock market is modestly lower on Monday, extending the slight losses in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying below the 8,600.00 level, with weakness in technology and financial stocks partially offset by gains in gold miners and energy stocks.
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48 minutes ago
Soft Start Anticipated For Taiwan Stock Market
The Taiwan stock market has moved higher in three straight sessions, collecting almost 400 points or 1.8 percent in that span. The Taiwan Stock Exchange now sits just above the 22,750-point plateau although it may open to the downside on Monday.
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1h 18min ago
Singapore GDP Jumps 5.6% In Q2
Singapore's gross domestic product expanded a seasonally adjusted 5.6 percent on quarter in the second quarter of 2025, the Singapore Department of Statistics said on Monday.
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1h 37min ago
Japan Core Machinery Orders Sink 0.6% In May
The value of core machinery orders in Japan was down a seasonally adjusted 0.6 percent on month in May, the Cabinet Office said on Monday - coming in at 913.5 billion yen.
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1h 38min ago
Singapore Stock Market Due For Profit Taking On Monday
The Singapore stock market has moved higher in five straight sessions, improving more than 70 points or 1.8 percent along the way. The Straits Times Index now rests just above the 4,085-point plateau although investors figure to lock in gains on Monday.
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1h 48min ago
