CAC 40 Gains As Investors Wait For Fed Speeches

RTTNews | 622 dni temu
CAC 40 Gains As Investors Wait For Fed Speeches

(RTTNews) - French stocks advanced on Friday as Treasury yields held steady after declining Thursday on the back of soft U.S. economic data.

The U.S. economic calendar is relatively quiet today, with a report on new residential construction along with remarks by several Fed officials likely to garner investor attention.

Closer home, Eurostat releases euro area final HICP data for October.

Inflation is forecast to ease to 2.9 percent, as initially estimated, from 4.3 percent in September.

The benchmark CAC 40 climbed 53 points, or 0.7 percent, to 7,223 after declining 0.6 percent in the previous session.

China-related LVMH and Kering rose 1 percent and 1.6 percent, respectively helped by the apparent easing of tensions between the United States and China.

read more
U.S. Consumer Price Growth Matches Estimates In June

U.S. Consumer Price Growth Matches Estimates In June

A closely watched report released by the Commerce Department on Thursday showed consumer prices in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in June after inching up by an upwardly revised 0.2 percent in May.
RTTNews | 15 minut temu
German Unemployment Rises In July

German Unemployment Rises In July

Germany's unemployment increased less than expected in July but the overall number of people out of work remained close to the 3 million mark due to the prolonged period of economic slowdown, official data revealed on Thursday. The number of unemployed rose by less-than-expected 2,000 from June, the Federal Employment Agency said. For July, economists had forecast an increase of 15,000.
RTTNews | 58 minut temu
U.S. Jobless Claims Inch Up Less Than Expected To 218,000

U.S. Jobless Claims Inch Up Less Than Expected To 218,000

First-time claims for U.S. unemployment benefits edged slightly higher in the week ended July 26th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims crept up to 218,000, an increase of 1,000 from the previous week's unrevised level of 217,000. Economists had expected jobless claims to rise to 224,000.
RTTNews | 1g 5 minut temu
Bay Street Looks Headed For Positive Start

Bay Street Looks Headed For Positive Start

Canadian shares look headed for a positive start Thursday morning, with investor sentiment getting a boost thanks to strong results from US tech majors Meta Platforms and Microsoft.
RTTNews | 1g 53 minut temu
Eurozone Jobless Rate Unchanged At 6.2%

Eurozone Jobless Rate Unchanged At 6.2%

The euro area unemployment rate remained stable in June despite slowing economic growth and challenging global trade situation, official data revealed on Thursday. The jobless rate came in at seasonally adjusted 6.2 percent, the same rate as seen in May and down from 6.4 percent in the same period last year, Eurostat said Thursday.
RTTNews | 2g 42 minut temu