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CAC 40 Edges Higher On Upbeat China Data

RTTNews | Pred 912 dňami

CAC 40 Edges Higher On Upbeat China Data

(RTTNews) - French stocks advanced on Wednesday as improved readings on China's manufacturing and non-manufacturing in February reflected the solid momentum of post reopening recovery.

The benchmark CAC 40 was up 16 points, or 0.2 percent, at 7,285 after declining 0.4 percent in the previous session.

Euronext N.V. shares soared more than 5 percent. The pan-European market infrastructure group said it has withdrawn its indicative offer for Allfunds Group PLC to buy its 100 percent share capital.

Luxury firms LVMH and Kering rose about 2 percent each on hopes that China's recovery can offset a global slowdown.

BNP Paribas slumped 4 percent after reports that Belgium was preparing the sale of a third of its 7.8 percent equity stake in the French bank.

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U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase 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. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.

RTTNews | Pred 35 minútami

German Unemployment Exceeds 3 Mln

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 | Pred 1 h 5 min

U.S. PCE Price Index Increased In Line With Estimates In July

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.

RTTNews | Pred 1 h 17 min

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.

RTTNews | Pred 1 h 33 min

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.

RTTNews | Pred 2 h 11 min

Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | Pred 2 h 19 min

FTSE 100 Weak Again, Looks Headed For Weekly Loss

FTSE 100 Weak Again, Looks Headed For Weekly Loss

U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | Pred 2 h 51 min

Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.

RTTNews | Pred 2 h 58 min

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