CAC 40 Slides As Investors Await Powell's Speech

RTTNews | 580 gün önce
CAC 40 Slides As Investors Await Powell's Speech

(RTTNews) - French stocks were sharply lower on Thursday amid concerns over rising Treasury yields and lingering Middle East tensions.

Bond yield surged in Europe, with Germany's 10-year government bond yield, the benchmark for the euro area, rising 3 basis points (bps) to 2.95 percent ahead of Fed Chair Jerome Powell's speech later in the day.

The benchmark CAC 40 was down 65 points, or 0.9 percent, at 6,900 after declining 0.9 percent on Wednesday.

Carmaker Renault plunged almost 8 percent after currency depreciations in Turkey and Argentina weighed heavily on the pace of sales growth in the third quarter.

Channel tunnel operator Getlink gained about 1 percent after posting a marginal rise in Q3 revenue.

Pernod Ricard soared 5 percent after the spirts maker forecast higher sales in fiscal year 2023-24.

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Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

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RTTNews | 4s 24 dakika önce
FTSE 100 Down Marginally As Investors Focus On Inflation Data, Earnings

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RTTNews | 4s 32 dakika önce
CAC 40 Moderately Lower In Cautious Trade

CAC 40 Moderately Lower In Cautious Trade

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RTTNews | 5s 4 dakika önce
Sensex, Nifty Snap Three-day Losing Streak

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RTTNews | 5s 11 dakika önce
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German stocks are down in negative territory on Wednesday as investors make cautious moves, awaiting fresh news on the trade front. The impasse in Ukraine peace talks and data showing a bigger than expected increase in UK inflation weigh on sentiment.
RTTNews | 5s 33 dakika önce
Asian Shares Rise In Cautious Trade; Nikkei Drops On Yen Strength

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Asian stocks ended mostly higher on Wednesday, with Japanese markets underperforming as the yen continued to strengthen on BoJ rate hike bets and data showed Japan's export growth continued to decelerate for the second consecutive month.
RTTNews | 6s 45 dakika önce