CAC 40 Gains As Industrial Output Extends Rebound

RTTNews | vor 620 Tagen
CAC 40 Gains As Industrial Output Extends Rebound

(RTTNews) - French stocks traded higher on Friday while the dollar and bond yields retreated ahead of the U.S. nonfarm payrolls survey results due later in the day.

Meanwhile, France's industrial production growth more than doubled in December, data from the statistical office INSEE showed earlier in the day.

Industrial output grew 1.1 percent on a monthly basis, following November's 0.5 percent gain. The growth rate was forecast to ease to 0.2 percent amid sluggish activity in the wider euro area.

Similarly, growth in manufacturing output advanced to 1.2 percent from 0.2 percent a month ago.

The benchmark CAC 40 was up 27 points, or 0.4 percent, at 7,615 after declining 0.9 percent the previous day.

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Canadian Dollar Drops Against Most Majors

Canadian Dollar Drops Against Most Majors

The Canadian dollar weakened against most major currencies in the Asian session on Tuesday. The Canadian dollar fell to a 6-month low of 1.4055 against the U.S. dollar and a 4-day low of 1.6283 against the euro, from yesterday's closing quotes of 1.4040 and 1.6237, respectively.
RTTNews | vor 13 Minuten
Singapore Retains Monetary Policy As Expected

Singapore Retains Monetary Policy As Expected

Singapore's central bank maintained its monetary policy on Tuesday as economic growth turned out to be stronger than expected, easing concerns about the impact of higher US tariffs. The Monetary Authority of Singapore said it will maintain the prevailing rate of appreciation of the S$NEER policy band and there will be no change to its width and the level at which it is centered.
RTTNews | vor 58 Minuten
European Shares Seen Lower As US-China Trade Tensions Simmer

European Shares Seen Lower As US-China Trade Tensions Simmer

European stocks are seen opening a tad lower on Tuesday as investors ponder the status of trade talks between the two biggest economies and look ahead to key earnings releases from major U.S. banks for directional cues.
RTTNews | vor 1Std 34 Minuten
European Economic News Preview: UK Unemployment Data Due

European Economic News Preview: UK Unemployment Data Due

Unemployment from the UK and economic sentiment from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK unemployment data. The jobless rate is seen unchanged at 4.7 percent in the three months to August.
RTTNews | vor 2Std 23 Minuten
Australian Market Modestly Higher In Mid-market

Australian Market Modestly Higher In Mid-market

The Australian stock market is back in the green in mid-market trading on Tuesday, after alternating across the unchanged line, reversing the losses in the previous two sessions, following the positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving near the 8,900 level, with gains in mining and energy stocks partially offset by weakness in financial and technology stocks.
RTTNews | vor 3Std 40 Minuten