CAC 40 Pares Early Gains

RTTNews | Pred 213 dňami
CAC 40 Pares Early Gains

(RTTNews) - French stocks are turning in a mixed performance in somewhat lackluster trade Monday morning after paring early gains, as investors assess the potential impact of new tariffs likely to be imposed by U.S. President Donald Trump.

Trump announced plans to impose a 25% tariff on all steel and aluminum imports, with additional tariffs expected to be unveiled on Tuesday or Wednesday. German Chancellor Olaf Scholz reportedly emphasized that the EU is prepared to respond "within an hour" if the US imposes tariffs on European goods.

Amid a lack of fresh data due from the region, investors largerly refrain from making significant moves.

Expectations of more monetary easing by the European Central Bank aid sentiment. ECB Governing Council member Boris Vujcic said that expectations for three more rate reductions this year are reasonable.

The benchmark CAC 40, which advanced to 8,003.27 in early trades, was roughly flat at 7,973.33 a few minutes ago.

Teleperformance is rising more than 1.5%. Unibail Rodamco, Schneider Electric and Edenred are up 1.2 to 1.4%.

Vivendi, Orange, Accor, Capgemini, Legrand, Eurofins Scientific, Hermes International, Sanofi, Essilor and BNP Paribas are up 0.4 to 0.9%.

ArcelorMittal is down by about 2.5%. Vinci is declining 1.6%. Saint Gobain, Pernod Ricard, Societe Generale, Danone, Publicis Groupe, Dassault Systemes and Veolia Entertainment are also down in negative territory.

read more
Swiss Market Ends Moderately Higher

Swiss Market Ends Moderately Higher

The Switzerland market closed on a firm note on Thursday with several stocks gaining good ground in positive territory thanks to sustained buying support.
RTTNews | Pred 3 h 19 min
European Stocks Close On Firm Note On Fed Rate Cut Hopes

European Stocks Close On Firm Note On Fed Rate Cut Hopes

European stocks closed higher on Thursday as the latest data on U.S. consumer price inflation and unemployment claims boosted the prospects of a rate cut by the Federal Reserve next week. Investors also digested the European Central Bank's decision to hold rates.
RTTNews | Pred 3 h 40 min
TSX Continues To Climb New Highs As Rate Cut Hopes Rise

TSX Continues To Climb New Highs As Rate Cut Hopes Rise

The Canadian market is up firmly in positive territory around noon on Thursday, led by strong gains in financials, real estate, consumer discretionary and industrials stocks. Rising prospects of a rate cut by the Federal Reserve following data showing the annual growth of consumer prices in the U.S. came in line with estimates, and signs of weakness in the labor market, help undermine sentiment.
RTTNews | Pred 4 h 38 min
ECB's Lagarde Says Eurozone Remains In

ECB's Lagarde Says Eurozone Remains In "A Good Place", Risks More Balanced

European Central Bank President Christine Lagarde tread carefully on Thursday as she attempted to paint a rosier view for the euro area economy without dismissing the impact of the lingering uncertainty linked to the trade tariffs, the political turmoil in France and a stronger euro.
RTTNews | Pred 4 h 49 min
U.S. Jobless Claims Unexpectedly Climb To Nearly Four-Year High

U.S. Jobless Claims Unexpectedly Climb To Nearly Four-Year High

First-time claims for U.S. unemployment benefits unexpectedly increased in the week ended September 6th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 263,000, an increase of 27,000 from the previous week's revised level of 236,000. Economists had expected jobless claims to edge down to 235,000.
RTTNews | Pred 6 h 59 min
U.S. Consumer Prices Climb 0.4% In August, Slightly More Than Expected

U.S. Consumer Prices Climb 0.4% In August, Slightly More Than Expected

Following yesterday's report showing an unexpected dip by producer prices, the Labor Department released a separate report on Thursday showing U.S. consumer prices rose by slightly more than expected in the month of August. The Labor Department said its consumer price index climbed by 0.4 percent in August after inching up by 0.2 percent in July.
RTTNews | Pred 7 h 4 min
Turkish Central Bank Cuts Key Rates Sharply For Second Time

Turkish Central Bank Cuts Key Rates Sharply For Second Time

Turkey's central bank slashed its key interest rates for the second straight meeting on Thursday citing slowdown in the underlying trend of inflation. The Monetary Policy Committee of the Republic of Turkey decided to reduce the policy rate to 40.5 percent from 43.0 percent. Previously, the bank had reduced the rate by 300 basis points in July.
RTTNews | Pred 7 h 17 min