CAC Moderately Lower As Investors Await Progress In Trade Talks

RTTNews | Pred 3 dňami
CAC Moderately Lower As Investors Await Progress In Trade Talks

(RTTNews) - French stocks are notably lower on Tuesday amid rising uncertainty over U.S.-EU trade talks ahead of the August 1 deadline. The mood is very cautious with investors awaiting a slew of earnings updates from big name French companies.

According to media reports, the European Union is preparing to respond with a suite of retaliatory measures under its Anti-Coercion Instrument (ACI) following U.S. President Donald Trump's threat to impose a 30% tariff on EU goods from 1 August.

Also, the prospect of an interim trade deal between the U.S. and India before the August 1 deadline have dimmed due to persistent disagreements over key agricultural and dairy products.

The benchmark CAC 40 was down 61.68 points or 0.79% at 7,736.54 a few minutes ago.

STMicroElectronics is down 2.7%. Capgemini and Saint Gobain are down by about 2.2% and 2.1%, respectively.

Stellantis, Schneider Electric and Airbus are down 1.6 to 1.9%. Safran, Legrand, LVMH, Bureau Veritas, Vinci, EssilorLuxottica, Hermes International, Societe Generale, Air Liquide and Michelin are down 0.6 to 1.25%.

Among the gainers, Engie is up 1.35%. Edenred, Orange, Veolia Environment, Pernod Ricard, Accor, Kering and Carrefour are advancing 0.3 to 0.7%.

read more
Swiss Market Ends Notably Lower

Swiss Market Ends Notably Lower

The Switzerland market ended notably lower on Friday as uncertainty about Trump administration's tariff decisions and a few disappointing earnings updates weighed on sentiment.
RTTNews | Pred 3 h 11 min
Russia Slashes Interest Rates Again On Easing Price Pressures

Russia Slashes Interest Rates Again On Easing Price Pressures

Russia's central bank lowered the key interest rate massively for a second policy session in a row on Friday after policymakers assessed that inflationary pressures are declining and the economy is on a return to balanced growth.
RTTNews | Pred 6 h 45 min
Bay Street Seen Opening With Negative Bias

Bay Street Seen Opening With Negative Bias

Canadian shares are likely to open with a slightly negative bias Friday morning, weighed down by uncertainty about tariffs, and lower bullion prices. Investors are also likely to react to earnings updates. The market is likely to move in a tight range for much of the day's trading session.
RTTNews | Pred 7 h 55 min
UK Retail Sales Rebound As Warm Weather Boosts Spending

UK Retail Sales Rebound As Warm Weather Boosts Spending

UK retail sales recovered in June as warm weather boosted consumer spending but consumer sentiment weakened amid fears of possible tax rate hikes, data showed Friday. Retail sales grew 0.9 percent on a monthly basis, in contrast to the revised 2.8 percent drop in May, the Office for National Statistics reported. However, this was weaker than economists' forecast of 1.2 percent gain.
RTTNews | Pred 8 h 12 min
FTSE 100 Sheds Ground After Six-day Winning Streak

FTSE 100 Sheds Ground After Six-day Winning Streak

After posting gains in the previous six sessions, the U.K. market is down in negative territory on Friday with data showing a less than expected increase in retail sales, and a drop in consumer sentiment weighing on stocks.
RTTNews | Pred 8 h 26 min
Volkswagen Stock Up On Volume Growth, Despite Weak Q2 Profit, Outlook Cut

Volkswagen Stock Up On Volume Growth, Despite Weak Q2 Profit, Outlook Cut

Shares of Volkswagen Group were gaining around 4 percent in the German trading after the automajor reported Friday slightly higher sales volume in the second quarter, even though profit and revenues were lower and the firm trimmed fiscal 2025 outlook. The latest results were hit partly by higher sales of lower-margin all-electric models, as well as increased US import tariffs and restructuring...
RTTNews | Pred 9 h 51 min
CAC 40 Pares Early Losses, Up Marginally

CAC 40 Pares Early Losses, Up Marginally

French stocks are a bit subdued in cautious trade on Friday amid a few disappointing earnings updates, and some uncertainty about U.S.-EU trade deal ahead of the August 1 deadline.
RTTNews | Pred 10 h 0 min