CAC 40 Modestly Lower In Cautious Trade

RTTNews | 122 days ago
Stocktwits
CAC 40 Modestly Lower In Cautious Trade

(RTTNews) - French stocks are exhibiting weakness Monday morning with investors making cautious moves amid concerns about growth and international trade due to continued uncertainty about the policies of the Trump Administration.

Weak data from China and the U.S. weigh as well on sentiment.

The benchmark CAC 40 was down 28.91 points or 0.36% at 8,091.89 a few minutes ago.

Saint Gobain is declining more than 4%. Societe Generale and ArcelorMittal are down 2.5% and 2.4%, respectively.

BNP Paribas is down nearly 2%. Legrand, STMicroElectronics, Credit Agricole and Renault are lower by 1.1 to 1.7%.

Schneider Electric, Accor, Vinci, LVMH, Teleperformance, Bouygues and Hermes International are down 0.7 to 1%.

Eurofins Scientific and Stellantis are up 1.6% and 1.5%, respectively. Edenred, Carrefour, Thales, Essilor, L'Oreal, Engie and Orange are advancing 0.7 to 1.2%.

Stocktwits
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Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide

Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the early European session on Thursday, as traders are optimistic about an end to the tariff uncertainty after U.S. President Donald Trump made it clear that he will not extend the August 1 deadline for trade deals, though he gets aggressive with tariff imposition. They are also optimistic about a potential trade deal between the U.S. and the European Union.
RTTNews | 49 minutes ago
European Shares Extend Gains On Trade Deal Optimism

European Shares Extend Gains On Trade Deal Optimism

European stocks rose for a fourth consecutive session on Thursday as optimism prevailed about a potential trade deal between the U.S. and the European Union. EU trade chief Maros Sefcovic said there was good progress on a framework trade agreement and a deal may even be possible within days.
RTTNews | 1h 22min ago
Bank Of Korea Keeps Rates Steady

Bank Of Korea Keeps Rates Steady

The Bank of Korea maintained its interest rate on Thursday as rising house prices and household debt pose risks to the financial stability amid escalating trade tensions weighing on economic growth outlook. The Monetary Policy Board decided to leave the Base Rate unchanged at 2.50 percent. The bank had previously reduced the benchmark rate by a quarter-point each in May and February.
RTTNews | 3h 54min ago
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