CAC 40 Rises As Inflation Fears Ease

RTTNews | 1127 일 전
CAC 40 Rises As Inflation Fears Ease

(RTTNews) - French stocks advanced on Thursday after the minutes from the U.S. Federal Reserve's latest policy meeting revealed commitment among officials to fight record-high inflation.

Falling commodity prices, especially a drop in Brent crude futures below $100 a barrel, also helped ease investor concerns surrounding inflation and aggressive rate hikes by major central banks.

The benchmark CAC 40 climbed 80 points, or 1.4 percent, to 5,992 after adding 2 percent the previous day.

Economy-sensitive stocks were rising, with automaker Renault rallying 4.5 percent.

Electric utility EDF edged lower after saying that a search for a successor to EDF's Chairman and Chief Executive Jean-Bernard Lévy will be launched as his tenure will end on March 18, 2023.

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European Economic News Preview: BoE Likely To Cut Rates

European Economic News Preview: BoE Likely To Cut Rates

The Bank of England is widely expected to cut its interest rates for the fifth time in a year to support the economy even as inflation continued to stay stubbornly above the target. Markets anticipate a quarter-point cut, bringing the bank rate to 4.00 percent, which will be the lowest since early 2023.
RTTNews | 44 분 전
European Shares Poised For Mixed Open

European Shares Poised For Mixed Open

European stocks are seen opening on a mixed note Thursday after U.S. President Donald Trump announced he will impose a 100 percent tariff on imports of semiconductors and chips, with exemptions for companies relocating production to the U.S.
RTTNews | 1 시간 9 분 전
Sensex, Nifty Open Lower On Tariff Concerns

Sensex, Nifty Open Lower On Tariff Concerns

Indian shares opened a tad lower on Thursday after U.S. President Donald Trump signed an executive order imposing an additional 25 percent tariff on India as a "penalty" in response to its continued purchase of Russian oil.
RTTNews | 2 시간 17 분 전
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian market is extending early losses in mid-market moves on Thursday, snapping a three session winning streak, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,850 level, with weakness in iron ore miners and energy stocks.
RTTNews | 3 시간 14 분 전
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, despite the broadly positive cues from Wall Street overnight, after U.S. President Donald Trump said the U.S. was closing in on the trade deal with China. Traders also remain optimistic about the US Fed cutting interest rates as early as September based on the recent economic data from the U.S.
RTTNews | 3 시간 41 분 전
Thai Stock Market May See Continued Support On Thursday

Thai Stock Market May See Continued Support On Thursday

The Thai stock market has moved higher in three straight sessions, gathering more than 45 points or 3.9 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,265-point plateau and it's expected to extend its gains again on Thursday.
RTTNews | 4 시간 44 분 전
Australia June Trade Surplus A$5.365 Billion

Australia June Trade Surplus A$5.365 Billion

Australia posted a seasonally adjusted merchandise trade surplus of A$5.365 billion in June, the Australian Bureau of Statistics said on Thursday.
RTTNews | 4 시간 56 분 전