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CAC 40 Edges Higher Ahead Of Powell's Testimony
(RTTNews) - French stocks edged up slightly on Wednesday ahead of the U.K. Budget and testimony from Federal Reserve Chair Jerome Powell.
British finance minister Jeremy Hunt's spring budget is expected to include a government-backed 99 percent mortgage to help first-time buyers, despite the fragile state of the public finances.
Powell is due to testify before the House Financial Services Committee later today and the Senate Banking Committee on Thursday.
The benchmark CAC 40 was up 16 points, or 0.2 percent, at 7,948 after falling 0.3 percent in the previous session.
Eurozone bond yields edged up, heading into Thursday's ECB meeting. With no change in interest rates expected, traders are likely to keep a close eye on growth and inflation forecasts.
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Canadian Market Up In Positive Territory; BRP Rises Sharply On Strong Earnings
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1ч 22мин назад
Swiss Market Ends Modestly Lower
Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
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European Stocks Close Lower On Geopolitical Tensions
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German Unemployment Exceeds 3 Mln
Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews
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6ч 43мин назад
U.S. PCE Price Index Increased In Line With Estimates In July
Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.
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6ч 55мин назад
