CAC 40 Edges Higher As Consumer Confidence Stabilizes

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CAC 40 Edges Higher As Consumer Confidence Stabilizes

(RTTNews) - French stocks advanced on Tuesday after a survey showed French consumer confidence stabilized in August, with a score of 85 points and meeting consensus estimates.

Hopes of further Chinese stimulus measures also underpinned investor sentiment ahead of a barrage of key economic readings due this week.

The benchmark CAC 40 was up 19 points, or 0.3 percent, at 7,343 after rallying 1.3 percent the previous day.

Euro zone bond yields slipped ahead of data on U.S. job openings that might provide additional clues on the Federal Reserve's rate trajectory.

Technip Energies N.V., an engineering and technology company, rose about 1 percent. The company announced that it has been awarded a contract by bp for a hydrogen production unit at its Kwinana biorefinery in Western Australia for undisclosed sum.

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DAX Dips As Middle East Crisis Deepens

DAX Dips As Middle East Crisis Deepens

Amidst weak sentiment triggered by the U.S. attacks on Iran and fears of Iran's response thereto, the DAX is trading in mildly negative territory.
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Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the European session on Monday.
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Sensex, Nifty End Off Day's Lows

Sensex, Nifty End Off Day's Lows

Indian shares fell on Monday, but ended off their day's lows as markets apparently took the U.S. strikes against nuclear targets in Iran in their stride and waited to see how Iran reacts and what happens to Tehran's nuclear program.
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German Private Sector Returns To Growth

German Private Sector Returns To Growth

Germany's private sector returned to growth in June, led by the manufacturing sector, flash data from S&P Global revealed on Monday.The HCOB composite output index stood at 50.4 in June, rebounding from a five-month low of 48.5 in May. A reading above the neutral 50.0 level signals expansion in the sector. Growth in manufacturing output was partly offset by a slower reduction in services activty
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Antipodean Currencies Fall Amid Risk-Off Mood

Antipodean Currencies Fall Amid Risk-Off Mood

The antipodean currencies such as the Australia and the New Zealand dollars weakened against other major currencies in the Asian session on Monday due to increased risk-off mood by the investors, amid escalation in the middle east conflict after the U.S. joined Israel in the weeks-long war with Iran, with U.S. carrying out a "successful" airstrike on three nuclear sites in Iran over the weekend. This has heightened fears of a broader regional conflict.
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French Private Sector Downturn Deepens

French Private Sector Downturn Deepens

France's private sector output declined further in June as both manufacturing and services activity entered the contraction territory, flash survey results from S&P Global showed on Monday. The HCOB flash composite output index declined to 48.5 in June from 49.3 in the previous month. A reading below 50.0 indicates contraction.
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