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CAC 40 Rises 0.8% As Ukraine Peace Deal Hopes Lift Sentiment

RTTNews | 10 dias atrás

CAC 40 Rises 0.8% As Ukraine Peace Deal Hopes Lift Sentiment

(RTTNews) - The French market is notably higher on Tuesday as investors pick up stocks amid hopes of a Russia - Ukraine peace deal after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good".

Trump also said that he's begun arranging a meeting between Zelenskyy and Russian President Vladimir Putin within the next couple of weeks.

Zelenskyy said he is open to "any format" of talks and would decide on the trilateral meeting based on how the first round goes.

The benchmark CAC 40 was up 62.22 points or 0.8% at 7,946.27 a little while ago.

ArcelorMittal is rising 3.7% and Kering is gaining 3.3%. Renault, LVMH, Capgemini, Pernod Ricard, Stellantis, Publicis Groupe and Michelin are up 2 to 2.7%.

Hermes International, Saint-Gobain, Carrefour, Teleperformance, Air Liquide, TotalEnergies, L'Oreal, Videndi, Veolia Environment, BNP Paribas, Societe Generale and Dassault Systemes are gaining 1 to 2%.

Thales is down nearly 4%. Safran and Airbus are lower by about 0.8% and 0.5%, respectively.

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U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.

RTTNews | 28 minutos atrás

German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1

RTTNews | 58 minutos atrás

U.S. PCE Price Index Increased In Line With Estimates In July

U.S. PCE Price Index Increased In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.

RTTNews | 1 h 10 min atrás

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.

RTTNews | 1 h 26 min atrás

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.

RTTNews | 2 h 4 min atrás

Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | 2 h 12 min atrás

FTSE 100 Weak Again, Looks Headed For Weekly Loss

FTSE 100 Weak Again, Looks Headed For Weekly Loss

U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | 2 h 44 min atrás

Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.

RTTNews | 2 h 51 min atrás

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