CAC-40 Overwhelmed By Recession Fears

RTTNews | 1061 dias atrás
CAC-40 Overwhelmed By Recession Fears

(RTTNews) - The CAC-40 plunged more than 1 percent as markets weighed the likelihood of the prolonged interest rate hikes taking a toll on the economy's health. Recession fears dominated sentiment amidst central banks worldwide reiterating their commitment to fighting inflation, even at the cost of sacrificing growth.

The PMI readings for December which showed Services sector falling to 48.1 from 49.3, and Manufacturing sector increasing to 48.9 from 48.3 also swayed sentiment.

The CAC-40 is currently trading at 6,435.40, down 1.34 percent from the previous close. The day's trading has been between 6,418.95 and 6,515.70.

BNB Paribas and Credit Agricole are the only two scrips that have advanced from Thursday's levels.

Eurofins Scientific, Unibail Rodamco Westfield and Teleperformance declined more than 3 percent. 11 scrips are currently trading with losses of more than 2 percent.

The EUR/USD pair is at 1.0635, edging up from the previous close of 1.0626. The Dollar dithered, dragging the Dollar Index by 0.03 percent to 104.53.

The ten-year bond yield has increased 5.3 percent to 2.726% versus the previous close of 2.589%.

read more
Indonesia Shares Poised To End Losing Streak

Indonesia Shares Poised To End Losing Streak

The Indonesia stock market has moved lower in back-to-back sessions, slumping almost 30 points or 0.4 percent along the way. The Jakarta Composite Index now sits just above the 8,360-point plateau although it's expected to find traction on Wednesday.
RTTNews | 1 h 3 min atrás
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Wednesday after opening in the red, reversing some of the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 50,900 level, with gains in automakers and financial stocks partially offset by weakness in technology stocks.
RTTNews | 1 h 4 min atrás
Higher Open Anticipated For Hong Kong Shares

Higher Open Anticipated For Hong Kong Shares

The Hong Kong stock market has moved higher in two straight sessions, advancing almost 450 points or 2 percent along the way. The Hang Seng Index now rests just beneath the 26,700-point plateau and it's expected to open to the upside again on Wednesday.
RTTNews | 1 h 18 min atrás
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are trading slightly higher on Wednesday, reversing some of the losses in the previous session, with the benchmark S&P/ASX 200 staying well above the 8,800 level, following the mixed cues from Wall Street overnight, with gains in mining and energy stocks partially offset by weakness in technology stocks.
RTTNews | 1 h 25 min atrás
China Shares Tipped To Open In The Green

China Shares Tipped To Open In The Green

The China stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had advanced more than 45 points or 1.1 percent. The Shanghai Composite Index now sits just above the 4,000-point plateau although it figures to move back to the upside on Wednesday.
RTTNews | 1 h 33 min atrás
Australia Home Loans Jump 6.4% In Q3

Australia Home Loans Jump 6.4% In Q3

The total number of new home loans issued in Australia was up a seasonally adjusted 6.4 percent on quarter in the third quarter of 2025, the Australian Bureau of Statistics said on Wednesday - coming in at 141,470.
RTTNews | 1 h 58 min atrás
Tech Shares May Weigh On Taiwan Stock Market

Tech Shares May Weigh On Taiwan Stock Market

The Taiwan stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day losing streak in which it had given up more than 640 points or 2.3 percent. The Taiwan Stock Exchange now sits just above the 27,780-point plateau and it may remain stuck in neutral on Wednesday.
RTTNews | 2 h 3 min atrás
U.S. Dollar Weakens Amid Risk Appetite

U.S. Dollar Weakens Amid Risk Appetite

The U.S. dollar fell against its major counterparts in the New York session on Tuesday amid risk appetite following a deal to end the government shutdown.
RTTNews | 2 h 24 min atrás