CAC 40 Slips On Growth Concerns

RTTNews | Pred 860 dňami
CAC 40 Slips On Growth Concerns

(RTTNews) - French stocks were moving lower in thin holiday trading on Friday after the World Health Organization (WHO) expressed concern over new surge in COVID-19 cases in China.

As infections surge in China, several countries including the United States, Italy and Japan, have announced plans to impose new testing rules on Chinese visitors.

Meanwhile, China has said criticism of its COVID statistics is groundless, and downplayed the risk of new variants, saying it expects mutations to be more infectious but less severe.

The benchmark CAC 40 slipped 40 points, or 0.6 percent, to 6.533 after rallying 1 percent the previous day.

Luxury firms such as LVMH, Kering and Hermes International fell around 1 percent each on concerns that surging COVID-19 cases in China would weigh on global growth.

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UK House Prices Rise For First Time In 3 Months

UK House Prices Rise For First Time In 3 Months

UK house prices rose moderately in April despite an end to the stamp duty holiday and worsening economic outlook, data published by mortgage lender Halifax revealed on Thursday. House prices climbed 0.3 percent on a monthly basis in April after falling for two straight months. On a yearly basis, growth in house prices accelerated to 3.2 percent from 2.9 percent in the previous month.
RTTNews | Pred 37 minútami
German Exports Rise More Than Forecast

German Exports Rise More Than Forecast

Germany's exports increased more than expected in March driven by robust shipments to the US and China, official data revealed on Thursday. Exports increased 1.1 percent on a monthly basis in March but this was weaker than February's 1.8 percent gain, Destatis reported. Shipments were expected to climb 1.0 percent. Meanwhile, imports fell unexpectedly by 1.4 percent, reversing a 0.5 percent ris
RTTNews | Pred 1 h 10 min
European Shares Seen Opening Up On Trade Deal Optimism

European Shares Seen Opening Up On Trade Deal Optimism

European stocks look set to open on a positive note Thursday after U.S. President Donald Trump said he would announce "a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY," without giving further details.
RTTNews | Pred 3 h 1 min
European Economic News Preview: Bank Of England To Cut Interest Rate

European Economic News Preview: Bank Of England To Cut Interest Rate

The Bank of England is set to cut its benchmark interest rate by a quarter-point on Thursday, to cope with the economic slowdown triggered by trade tariffs. The Monetary Policy Committee is expected to reduce the Bank Rate to 4.25 percent from 4.50 percent. The BoE had maintained its interest rate at its March meeting after reducing it three times since last year.
RTTNews | Pred 3 h 12 min
Sensex, Nifty Subdued In Early Trade

Sensex, Nifty Subdued In Early Trade

Indian shares were subdued on Thursday amid rising tensions between India and Pakistan and concerns about the outlook for the global economy.
RTTNews | Pred 4 h 24 min
Australian Market Swings To Slight Gains In Mid-market

Australian Market Swings To Slight Gains In Mid-market

The Australian market is turning its early losses to slight gains in mid-market moves on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying just below the 8,200 level, with gains in gold miners and technology stocks partially offset by weakness in financial stocks.
RTTNews | Pred 5 h 11 min
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, amid optimism surrounding the upcoming U.S.-China trade talks to take place in Switzerland this week and China's new stimulus measures. Meanwhile, the US Fed left interest rates unchanged, and also warned of increasing risks of higher unemployment and higher inflation.
RTTNews | Pred 5 h 34 min