Advertisement
CAC 40 Subdued On China Concerns
(RTTNews) - French stocks were subdued on Wednesday as investors awaited Fed Chair Jerome Powell's remarks in front of Congress later in the day for clues on the monetary policy outlook.
Disappointment over a lack of additional stimulus in China also weighed on investor sentiment.
The benchmark CAC 40 was down 8 points, or 0.1 percent, at 7,286 after closing 0.3 percent lower on Tuesday.
China-related Hermes International fell more than 1 percent on concerns about an uneven economic recovery in China.
Banks traded higher as Eurozone government bond yields surged after the release of higher than expected U.K. inflation data.
BNP Paribas rose 1.4 percent, Credit Agricole gained 0.7 percent and Societe Generale climbed 1.2 percent.
read more
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Wednesday.
RTTNews
|
Pred 1 h 29 min
FTSE 100 Flat As Stocks Move In Tight Range
U.K. stocks are mostly subdued in lackluster trade on Wednesday as investors react to a mixed batch of earnings announcements, and await more economic data from the U.S., and clarity about Trump administration's stance on tariffs with regard to European countries.
RTTNews
|
Pred 2 h 4 min
CAC 40 Down 0.66%; Bouygues Rises Sharply On Earnings
French stocks are exhibiting weakness on Wednesday, snapping a four-session winning streak, as investors focus on earnings and other corporate news, and await more economic data for directional clues. Some profit taking is also contributing to market's weakness.
RTTNews
|
Pred 2 h 25 min
Sensex, Nifty End Choppy Session Modestly Higher
Indian shares ended modestly higher on Wednesday as signs of easing retail inflation sparked hopes for more rate cuts from the Reserve Bank of India in coming months.
RTTNews
|
Pred 2 h 30 min
DAX Drifts Lower In Cautious Trade; Brenntag Down Sharply On Lower Earnings
German stocks are down in negative territory on Wednesday with investors mostly making cautious moves after recent gains in the wake of the U.S. and China striking a trade deal, and somewhat soft U.S. consumer price inflation data.
RTTNews
|
Pred 2 h 47 min
European Shares Drift Lower In Lackluster Trade
European stocks were slightly lower in cautious trade on Wednesday while the dollar extended losses as benign U.S. inflation data prompted traders to pare back Fed rate cut bets for this year.
RTTNews
|
Pred 3 h 39 min
Asian Shares Mixed; Hang Seng Rises Over 2% On Earnings Optimism
Asian stocks turned in a mixed performance on Wednesday as investors digested softer-than-expected inflation data from the U.S. and awaited more clarity on ongoing trade talks.
RTTNews
|
Pred 4 h 7 min
Indian Rupee Falls To 5-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the Asian session on Wednesday.
RTTNews
|
Pred 4 h 28 min
