CAC Flat In Cautious Trade As Investors Focus On Earnings

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(RTTNews) - French stocks are turning in a mixed performance on Thursday with investors making cautious moves despite growing optimism the U.S. and EU will arrive at a trade agreement soon.

Investors are digesting corporate earnings updates, and await the European Central Bank's monetary policy announcement due later in the day.

The benchmark CAC 40 was down 4.44 points or 0.06% at 7,845.99 a little while ago.

BNP Paribas is gaining 3.2% thanks to stronger than expected earnings report for the second-quarter. Societe Generale is up nearly 3%, while Schneider Electric and Legrand are up 2.3% and 2.1%, respectively.

Credit Agricole, Saint Gobain, Pernod Ricard, Kering and Safran are advancing 1.3 to 2%. Sanofi, Teleperformance, Orange, Eurofins Scientific, Bureau Veritas and Airbus are also up in positive territory.

STMicroElectronics is tanking more than 10% after it swung to a loss in Q2 on lower revenue.

Dassault Systemes is down 5.1%. Stellantis, TotalEnergies and LVMH are down 1.6 to 2%. Capgemini, L'Oreal, Accor, Vinci, Hermes International and Publicis Groupe are modestly lower.

On the economic front, data from INSEE showed France's manufacturing climate indicator slipped to 96 in July, in line with expectations and slightly down from June's revised figure of 97. The business climate indicated held steady at 96 for the third straight month in July.

The HCOB Flash Composite PMI for France rose to 49.6 in July 2025 from 49.2 in the previous month, better than market expectations of 49.3, flash estimates showed. The manufacturing PMI score was 48.4 in July, compared to 48.1 in June, while services PMI was 49.7, up slightly from 49.6 a month earlier.

Data from the European Automobile Manufacturers' Association, or ACEA, showed new car sales in Euro zone fell 7.3% year-on-year in June, in contrast to the 1.6% increase in May.

Car registrations in Germany decreased 13.8% and that in France dropped 6.7%. Italy's car sales plunged 17.4%. By contrast, Spain reported an annual increase of 15.2%.

German Industrial Output Declines Most In 11 Months

Germany's industrial production logged its biggest fall in nearly a year in June, data from Destatis revealed on Thursday. Industrial output decreased 1.9 percent on a monthly basis in June, worse than the economists' forecast of 0.4 percent drop. This was the biggest fall since July 2024.Production for May was revised down from the initially estimated 1.2 percent increase.

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Indian Rupee Rises To 3-day High Against U.S. Dollar

The Indian rupee strengthened against the U.S. dollar in the Asian session on Thursday, as the monetary policy outlook from the Reserve Bank of India (RBI) helped the Indian currency amid rising trade tensions with the United States (US).

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Sensex, Nifty End Marginally Higher After Early Losses

Indian shares reversed early losses to end on a flat note Thursday. A cautious undertone prevailed 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.

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European Shares Mostly Higher Before BoE Rate Decision

European stocks were mostly higher on Thursday, with U.K. markets underperforming ahead of the Bank of England's interest-rate decision.

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Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Thursday amid increased risk appetite by the investors, 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 U.S. Fed cutting interest rates as early as September based on the recent economic data from the U.S.

RTTNews | 2घंटे 12 मिनट पहले

Asian Shares End Mostly Higher As Trump's New Tariffs Go Into Effect

Asian stocks advanced on Thursday as U.S. President Donald Trump's sweeping new tariffs take effect against dozens of countries.

RTTNews | 2घंटे 25 मिनट पहले

China Exports Growth Accelerates; Imports Rise Unexpectedly

China's exports logged a robust growth in July as the sharp decline in shipments to the US was offset by the rise in exports to the EU and other markets, official data revealed Thursday. Exports surged 7.2 percent on a yearly basis, following June's 5.8 percent increase, the customs office reported. Exports were forecast to climb 5.4 percent.

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UK House Prices Rise At Fastest Pace In 6 Months

UK house prices grew at the fastest pace in six months in July as the property market started to stabilize following the end of the stamp duty holiday, data from the mortgage lender Halifax showed on Thursday. House prices increased by more-than-expected 0.4 percent in July from June. Prices were expected to grow at a steady pace of 0.1 percent in July. Moreover, this was the fastest growth sinc

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EURUSD	1.16718	GBPUSD	1.34127	AUDUSD	0.6529
USDJPY	147.293	USDCAD	1.37263	USDCHF	0.80582

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CAC Flat In Cautious Trade As Investors Focus On Earnings