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CAC 40 Gains In Cautious Trade
(RTTNews) - French stocks advanced on Friday, as investors awaited speeches from central bankers, including Federal Reserve Chair Jerome Powell at the Jackson Hole symposium for fresh clues on the outlook for interest rates.
The benchmark CAC 40 was up 35 points, or half a percent, at 7,249 after ending 0.4 percent lower the previous day.
Among the top gainers, Hermes International, Schneider Electric, Stellantis NV and Total Energies all rose around 1 percent.
The euro fell to its lowest level since mid-June on expectations that the European Central Bank could soon pause rate hikes to support weakening growth.
Euro zone bond yields edged up after longer-dated U.S. Treasury yields soared to a 16-year high.
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Canadian Dollar Drops Against Majors
The Canadian dollar weakened against most major currencies in the Asian session on Thursday.
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15 минут назад
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Thursday.
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Australian Dollar Falls Against Majors
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Asian Markets Trade Mixed
Asian stock markets are trading mixed on Thursday, following the broadly negative cues from Wall Street overnight, after US President Donald Trump said he and Chinese President Xi Jinping "are going to work closely together to open up China to American Trade." However, signs of escalating geopolitical tensions in the Middle East are weighing on market sentiment.
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