CAC 40 Holds Steady On US Debt Deal Optimism

RTTNews | 795 dias atrás
CAC 40 Holds Steady On US Debt Deal Optimism

(RTTNews) - French stocks held steady on Friday after reports suggested that U.S. lawmakers are inching closer to an agreement that would raise the debt limit for about two years and cap federal spending at the same level as fiscal 2023 for two years.

The dollar eased on optimism that the U.S. government would avert a government default. The benchmark CAC 40 was up 10 points, or 0.1 percent, at 7,239 after losing 0.3 percent the previous day.

Casino plunged nearly 6 percent. The debt-ridden retailer said it was officially started court-backed negotiations with its creditors.

The dollar edged lower in European trade but was on course for its third consecutive weekly gain amid speculation that the Federal Reserve may raise rates again in June.

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Asian Markets Mixed In Cautious Trades

Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the broadly negative cues from Wall Street overnight, as traders remain cautious and seemed reluctant to make significant moves as they watch developments on the tariff front as the deadline of August 1 set by the US President Donald Trump nears. They also look ahead to the US Fed's monetary policy announcement later in the day.
RTTNews | 21 minutos atrás
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting more than 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,230-point plateau although it may spin its wheels on Wednesday.
RTTNews | 1 h 28 min atrás
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is modestly lower in choppy trading on Wednesday after opening in the green, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 40,600 level, with weakness in automaker stocks and a mixed performance in most other sectors.
RTTNews | 1 h 43 min atrás
Indonesia Shares May Open Under Pressure On Wednesday

Indonesia Shares May Open Under Pressure On Wednesday

The Indonesia stock market has moved higher in five straight sessions, advancing more than 260 points or 2.8 percent along the way. The Jakarta Composite Index now sits just above the 7,615-point plateau although investors are likely to cash in on Wednesday.
RTTNews | 1 h 58 min atrás
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are trading slightly higher on Wednesday after opening in the red, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 8,700 level, despite the broadly negative cues from Wall Street overnight, with gains in gold miners and financial stocks partially offset by weakness in iron ore miners and technology stocks.
RTTNews | 2 h 9 min atrás
China Bourse May Be Stuck In Neutral On Wednesday

China Bourse May Be Stuck In Neutral On Wednesday

The China stock market has moved higher in back-to-back sessions, gathering more than 15 points or 0.4 percent along the way. The Shanghai Composite Index now sits just beneath the 3,610-point plateau although it may spin its wheels on Wednesday.
RTTNews | 2 h 28 min atrás
Taiwan Shares May Extend Tuesday's Losses

Taiwan Shares May Extend Tuesday's Losses

The Taiwan stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had gained almost 400 points or 1.8 percent. The Taiwan Stock Exchange now sits just above the 23,200-point plateau and it's likely to open under water again on Wednesday.
RTTNews | 2 h 58 min atrás