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CAC 40 Edges Higher As Investors Shrug Off Hawkish Fed Minutes
(RTTNews) - French stocks were slightly higher on Wednesday despite the latest FOMC minutes offering no indication of possible rate cuts.
Hamas and Israel have agreed to a Qatar-mediated pause in fighting, helping ease Middle East tensions.
The deal includes the release of 150 Palestinian prisoners held in Israeli jails in exchange for 50 people held captive by Hamas in Gaza since the armed group that rules the enclave stormed southern Israel on October 7.
The benchmark CAC 40 was up 31 points, or 0.4 percent, at 7,260 after declining 0.2 percent in the previous session.
Retail company Casino Group fell 1.3 percent after warning of likely 2023 losses for its core French business.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Thursday.
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18 minutos atrás
Commodity Currencies Slide Amid Rising Geopolitical Risks, Yen Rises
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Thursday, as rising geopolitical tensions in the Middle East weighed on market sentiment.
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31 minutos atrás
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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1 h 23 min atrás
Canadian Dollar Drops Against Majors
The Canadian dollar weakened against most major currencies in the Asian session on Thursday.
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2 h 2 min atrás
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Thursday.
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2 h 10 min atrás
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Thursday.
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2 h 20 min atrás
European Shares Set To Slide Amid Trade, Geopolitical Tensions
European stocks may drift lower on Thursday as investors react to Sino-U.S. trade deal uncertainty and escalating U.S.-Iran tensions.
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2 h 28 min atrás
European Economic News Preview: UK GDP, Foreign Trade Data Due
Monthly GDP, industrial production and foreign trade from the UK are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. The economy is forecast to shrink 0.1 percent on a monthly basis in April, reversing a 0.2 percent rise in March.
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3 h 31 min atrás
