CAC 40 Edges Higher As China Pledges Economic Support Measures

RTTNews | Pred 764 dňami
CAC 40 Edges Higher As China Pledges Economic Support Measures

(RTTNews) - French stocks were slightly higher on Tuesday after Chinese authorities pledged more support measures to boost growth in the world's second-largest economy.

The benchmark CAC 40 was up 0.2 percent at 7,439 after ending little changed with a negative bias on Monday.

The dollar edged lower and bond yields dipped as a two-day policy meeting of the Federal Reserve gets underway later today.

Software maker Dassault Systemes SE slumped 4.5 percent after posting muted revenue growth in the second quarter.

TotalEnergies was marginally higher on news it would take full control of renewable energy company Total Eren.

Spirits group Remy Cointreau rallied 3.2 percent after backing its FY24 view.

Train maker Alstom gained 0.7 percent after confirming its full-year and mid-term objectives.

Defense electronics and cybersecurity company Thales dropped 1.3 percent after it agreed to buy U.S. cybersecurity company Imperva in a deal worth $3.6 billion.

Catering group Sodexo fell about 2 percent after expanding its footprint in Brazil with a strategic partnership.

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Australia Inflation Accelerates To 1-Year High

Australia Inflation Accelerates To 1-Year High

Australia's consumer price inflation accelerated more than expected to a one-year high in July, indicating a more gradual approach to monetary policy easing. The CPI indicator advanced 2.8 percent year-on-year in July, following June's 1.9 percent rise, the Australian Bureau of Statistics reported. This was the strongest since July 2024.
RTTNews | Pred 1 h 35 min
European Economic News Preview: German GfK Consumer Confidence Due

European Economic News Preview: German GfK Consumer Confidence Due

Consumer sentiment survey data from Germany is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the market research group GfK publishes Germany's monthly consumer confidence survey results. The consumer sentiment indicator is forecast to fall to -22 in September from -21.5 in August.
RTTNews | Pred 2 h 10 min
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending it early gains in mid-market moves on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.
RTTNews | Pred 2 h 59 min
Asian Markets Mixed In Cautious Trades

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 | Pred 3 h 3 min
Mild Upside Seen For Thai Stock Market

Mild Upside Seen For Thai Stock Market

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 | Pred 4 h 30 min
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 | Pred 4 h 48 min
Indonesia Shares May Reverse Tuesday's Losses

Indonesia Shares May Reverse Tuesday's Losses

The Indonesia stock market headed south again on Tuesday, one day after snapping the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,900-point plateau although it's looking to bounce higher again on Wednesday. The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead.
RTTNews | Pred 5 h 0 min