Advertisement
CAC 40 Gains As Bond Yields Slide
(RTTNews) - French stocks rose sharply on Tuesday and bond yields declined as markets held out hopes that the U.S. Federal Reserve will soften its hawkish stance after delivering a widely expected 75-bps rate hike on Wednesday.
Yields in the 10-year Bund were close to levels seen right before last week's European Central Bank gathering while the 10-year U.S. Treasury yields dropped 8 basis points (bps) to 3.99 percent.
The benchmark CAC 40 jumped 111 points, or 1.8 percent, to 6,378 after closing 0.1 percent lower on Monday.
TotalEnergies shares rose nearly 3 percent, tracking higher oil prices after OPEC raised its forecasts for world oil demand in the medium- and longer-term in an annual outlook released on Monday.
read more
FTSE 100 Rises 0.7%
UK stocks are up in positive territory a little past noon on Friday, remaining firm after a steady start. Despite concerns about inflation and uncertainty about tariffs, investors are picking up stocks amid cautious optimism about growth.
RTTNews
|
35 minutos atrás
CAC 40 Modestly Higher In Cautious Trade
After a slightly weak start, the French market has moved higher on Friday with investors picking up stocks amid hopes the European Central Bank will lower interest rates at its ensuing meeting.
The U.S. federal court's ruling against President Donald Trump's sweeping tariff moves on its trading partners had added to uncertainty on the trade front, rendering the mood a bit cautious.
RTTNews
|
1 h 6 min atrás
DAX Up 0.8% On Selective Buying As Markets Await Clarity On Tariffs
German stocks are gaining notably ground in positive territory on Friday despite data showing a drop in the nation's retail sales in the month of April, and amid uncertainty about Trump administration's tariff moves after U.S. court rulings against the levies proposed by the U.S. President.
RTTNews
|
1 h 35 min atrás
Sensex, Nifty End Modestly Lower Due To Tariff Uncertainty
Indian shares ended modestly lower on Friday due to uncertainty surrounding a court battle about U.S. President Donald Trump's tariffs and rising concerns about U.S. economic stability.
RTTNews
|
1 h 36 min atrás
Yen Rises On Strong Tokyo Core Inflation Data
The Japanese yen strengthened against other major currencies in the Asian session on Friday, as Tokyo's core inflation data came in stronger than expected, increasing the chances of the Bank of Japan's (BoJ) 25 basis point rate hike in July.
RTTNews
|
2 h 0 min atrás
European Shares Rise On ECB Rate Cut Hopes
European stocks traded higher on Friday despite the latest U.S. court rulings on President Trump's "Liberation Day" tariffs adding another layer of uncertainty.
RTTNews
|
2 h 51 min atrás
Asian Shares Decline Amid Tariff Uncertainty
Asian stocks ended mostly lower on Friday due to uncertainty surrounding a court battle about U.S. President Donald Trump's tariffs and rising concerns about U.S. economic stability.
RTTNews
|
3 h 18 min atrás
European Economic News Preview: Germany Inflation, Retail Sales Data Due
Inflation and retail sales from Germany and private sector credit from the euro area are the top economic news due on Friday. At 2.00 am ET, Destatis is scheduled to issue Germany's retail sales figures for April. Sales are forecast to grow 0.3 percent month-on-month, in contrast to the 0.2 percent fall in March.
RTTNews
|
5 h 53 min atrás
