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CAC 40 Edges Higher On Easing Banking Fears

RTTNews | 976 dagar sedan

CAC 40 Edges Higher On Easing Banking Fears

(RTTNews) - French stocks traded higher Tuesday on easing concerns over the banking system.

Investors shrugged off survey results from the statistical office Insee showing that French manufacturers' confidence slightly worsened in March for the first time in four months.

The manufacturing confidence index dropped to 104 in March from 105 in the previous month as the balance of opinion regarding the change in past and future output decreased. The expected score was 103.

The benchmark CAC 40 was up 29 points, or 0.4 percent, at 7,107 after rising 0.9 percent the previous day.

Banks BNP Paribas, Credit Agricole and Societe Generale rose between half a percent and 1.1 percent after UBS CEO Ralph Hamers reportedly said the Swiss lender views its government-orchestrated takeover of Credit Suisse Group as a growth opportunity.

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Wall Street Seen Opening On Flat Note

Wall Street Seen Opening On Flat Note

Activity is likely to be somewhat subdued amid thin volumes on Friday with trading scheduled to end at 1 PM ET. The economic calendar is blank and there are not many news from the corporate front to warrant significant moves.

RTTNews | 1h 14minuter sedan

German Unemployment Rate Steady At 6.3%

German Unemployment Rate Steady At 6.3%

Germany's unemployment rate remained unchanged in November and the number of unemployed increased less than expected, official data showed Friday. The Federal Employment Agency said the jobless rate stood at 6.3 percent in November, the same rate as in October and also matched expectations.

RTTNews | 1h 36minuter sedan

FTSE 100 Moves In Tight Range In Lackluster Trade

FTSE 100 Moves In Tight Range In Lackluster Trade

U.K. market's benchmark index FTSE 100 moved in a very narrow range Friday morning with investors largely refraining from making significant moves amid a lack of triggers. Expectations of a rate cut by the Federal Reserve in December, and signs of a Ukraine peace deal help underpin sentiment.

RTTNews | 2h 8minuter sedan

French Inflation Remains Stable; GDP Growth Confirmed At 0.5%

French Inflation Remains Stable; GDP Growth Confirmed At 0.5%

France's inflation remained stable in November and remained within the comfort zone of the European Central Bank and the economy logged a stronger growth as estimated in the third quarter, official data revealed Friday. The consumer price index posted a steady increase of 0.9 percent in November, preliminary data from the statistical office INSEE showed. This was slightly slower than the expected

RTTNews | 2h 23minuter sedan

French Stocks Mostly Subdued As Investors Assess Economic Data

French Stocks Mostly Subdued As Investors Assess Economic Data

French stocks were mostly subdued Friday morning with investors assessing the latest batch of economic data, including reports on inflation and GDP. Rising optimism about the Federal Reserve lowering its interest rates in December aided sentiment.

RTTNews | 2h 26minuter sedan

DAX Down Slightly; Economic Data In Focus

DAX Down Slightly; Economic Data In Focus

German stocks moved in tight range Friday morning with investors digesting the nation's retail sales and import prices data and looking ahead to consumer price inflation report and unemployment data, due later in the day.

RTTNews | 3h 14minuter sedan

Indian Shares Give Up Early Gains

Indian Shares Give Up Early Gains

Indian shares gave up early gains to end marginally lower on Friday as traders took profits in key sectors after recent gains to record highs.

RTTNews | 3h 40minuter sedan

European Shares Lack Direction In Early Trade

European Shares Lack Direction In Early Trade

European stocks were little changed on Friday but were set for a monthly gain on rising bets of a Federal Reserve interest-rate cut in December and growing hopes for a peace deal between Russia and Ukraine.

RTTNews | 4h 52minuter sedan

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