CAC 40 Drops Amidst Caution

RTTNews | 61 dni temu

(RTTNews) - Cautious sentiment ruled markets amidst fears of whether the current ceasefire between Israel and Iran would guarantee long-term peace. Concerns about the monetary policy stance by the Fed also weighed on sentiment ahead of testimony by Fed Chair Jerome Powell.

The index that tracks the 40 largest French stocks based on the Euronext Paris has declined more than quarter percent on Wednesday after a more than 1-percent surge on Tuesday.

The CAC-40 is currently trading at 7,588.77, shedding 0.36 percent from the previous close of 7,615.99. The day's trading has been between 7,658.50 and 7,576.87.

With the reversal in sentiment, only 13 scrips in the index are trading above the flatline.

Stellantis topped gains with an addition of 4.1 percent. Accor and Thales, both gained more than 1 percent.

Danone topped losses with a decline of more than 2 percent. Societe Generale, Publicis Groupe, L'Oreal and Schneider Electric, all declined more than 1 percent.

Caution in the market lifted the dollar and the dollar index around quarter percent higher to 98.09. Amidst the dollar's strength, the EUR/USD pair has slipped 0.06 percent to 1.1602. The pair ranged between 1.1631 and 1.1591. The EUR/GBP pair has edged up 0.04 percent to 0.8527. The EUR/JPY pair has increased 0.53 percent to trade at 169.15.

Bond yields in France hardened, albeit lower than its peers. Yields on France's 10-year bonds hardened 0.37 percent to 3.255 percent, versus the level of 3.243 percent at the previous close. Yields ranged between 3.257 percent and 3.196 percent.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

RTTNews | 1g 17 minut temu

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | 1g 38 minut temu

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 2g 9 minut temu

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2g 49 minut temu

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 3g 16 minut temu

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3g 19 minut temu

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3g 34 minut temu

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 3g 37 minut temu

EURUSD	1.16285	GBPUSD	1.34569	AUDUSD	0.64783
USDJPY	147.792	USDCAD	1.38568	USDCHF	0.80551