CAC 40 Slips As Investors Look To ECB

RTTNews | 660 일 전
CAC 40 Slips As Investors Look To ECB

(RTTNews) - French stocks traded slightly lower on Wednesday as traders waited to see if the European Central Bank would raise rates on Thursday against the backdrop of weakening economic activity and cooling inflation.

Investors also kept a close eye on the Middle East war as the Israel Défense Forces (IDF) gear up for a significant ground offensive in the Gaza Strip.

The benchmark CAC 40 was down 15 points, or 0.2 percent, at 6,878 after gaining 0.6 percent the previous day.

China-exposed luxury group Kering lost 3 percent after revenue declined in Q3. Dassault Systemes jumped 6.3 percent after the software maker raised its 2023 profit outlook.

Industrial-gas supplier Air Liquide rose about half a percent after the company said its project backlog and investment plans are at record levels.

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China Economic Data Disappoints

China Economic Data Disappoints

China's industrial production, retail sales and fixed asset investment registered weaker-than-expected growth in July, strengthening calls for further policy support to rebalance the economy towards consumption. Industrial production grew 5.7 percent in July from a year ago, following June's 6.8 percent increase, the National Bureau of Statistics reported Friday.
RTTNews | 31 분 전
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Friday.
RTTNews | 44 분 전
NZ Dollar Falls On Soft China Data

NZ Dollar Falls On Soft China Data

The New Zealand dollar weakened against other major currencies in the Asian session on Friday, after China's industrial production and retail sales logged slower growth in July.
RTTNews | 1 시간 9 분 전
NZ Dollar Falls Against Majors

NZ Dollar Falls Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
RTTNews | 1 시간 56 분 전
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Friday, adding the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,900 level, with gains across most sectors led by energy and technology stocks.
RTTNews | 5 시간 18 분 전
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as hotter-than expected US producer price inflation data and a resilient US labor market softened expectations of a higher interest rate cut by the US Fed in September. Traders also remain cautious ahead of the crucial U.S.-Russia talks to end the ongoing three-plus-year Russia-Ukraine war.
RTTNews | 5 시간 54 분 전