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CAC 40 Edges Higher Led By Banks
(RTTNews) - French stocks advanced on Friday, Eurozone bond yields edged up slightly and the euro was heading for a record twelfth week of declines against the dollar as investors waited for the latest U.S. employment report later in the day, which is expected to show a slowdown in hiring last month.
Closer home, European Central Bank board member Isabel Schnabel said earlier today that interest rates may need to rise again if needed to tame consumer prices. The ECB announces its rate decision on Oct. 26.
The benchmark CAC 40 was up 33 points, or half a percent, at 7,031 after finishing marginally higher on Thursday.
Banks traded higher, with BNP Paribas, Credit Agricole and Societe Generale climbing 1-2 percent.
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NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
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35 minut temu
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
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41 minut temu
European Shares Seen Mostly Lower Before US Inflation Data
European stocks may open broadly lower on Friday as the prospect of a peace agreement between Russia and Ukraine waned and focus shifted to a key U.S. inflation reading due later in the day that could provide additional clues on the Federal Reserve's rate outlook.
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2g 23 minut temu
Sensex, Nifty Struggle For Direction In Early Trade
Indian shares were little changed on Friday, giving up early gains amid mounting concerns about the impact of U.S. tariffs on Indian goods.
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3g 30 minut temu
Australian Market Swings To Modest Gains In Mid-market
The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
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4g 27 minut temu
Asian Markets Mixed Amid Caution Trades
Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
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4g 56 minut temu
Sensex, Nifty Seen Tad Higher At Open As IIP Growth Recovers
Indian shares may open on a positive note on Friday after official data showed India's industrial output production expanded at the fastest pace in four months in July.
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5g 30 minut temu
Thai Stock Market Tipped To Open In The Green
The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
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6g 2 minut temu
