CAC 40 Struggles For Direction In Lackluster Trade

RTTNews | 660 dias atrás
CAC 40 Struggles For Direction In Lackluster Trade

(RTTNews) - French stocks struggled for direction on Monday after posting strong gains last week on expectations the Federal Reserve is done raising interest rates.

Meanwhile, business activity across France's service sector fell at a strong pace at the start of the fourth quarter, latest HCOB PMI data showed.

The benchmark CAC 40 was marginally lower at 7,043 after declining 0.2 percent on Friday.

Banks traded mostly higher, with BNP Paribas and Societe Generale rising about half a percent each.

The dollar slipped to extend last week's sell-off as investors await speeches from a slew of Federal Reserve officials due this week. Chinese trade and inflation data due this week are expected to provide more cues on commodity demand in the country.

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Australian Dollar Rises On Strong Monthly CPI Data

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RTTNews | 27 minutos atrás
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RTTNews | 3 h 32 min atrás
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Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious and seem reluctant to make significant moves ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation, which could impact the outlook for interest rates.
RTTNews | 3 h 35 min atrás
Mild Upside Seen For Thai Stock Market

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The Thai stock market on Tuesday ended the two-day winnings streak in which it had picked up almost 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to move back to the upside again on Wednesday.
RTTNews | 5 h 2 min atrás
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is staying below the 42,400 level, with a mixed performance across all sectors.
RTTNews | 5 h 21 min atrás