Advertisement
CAC 40 Edges Higher On Hopes Of Easing Fed Policy
(RTTNews) - French stocks were seeing modest gains on Monday amid hopes that the U.S. Federal Reserve could slow its pace of interest rate hikes early next year.
Investors also braced for a busy week of earnings and a key interest rate decision from the European Central Bank on Thursday, with economists expecting another 75-point rate hike.
The benchmark CAC 40 was up 19 points, or 0.3 percent, at 6,054 after losing 0.9 percent on Friday.
Banks BNP Paribas, Credit Agricole and Societe Generale were up between half a percent and 1.2 percent.
Imerys, which specializes in the production and processing of industrial minerals, surged 4.3 percent after saying it wants to become the leading supplier of lithium in Europe.
read more
Euro, Pound Rises After Eurozone, U.K. PMI Reports
The European currency abd British pound strengthened against other major currencies in the European session on Thursday, after the release of Purchasing Managers' index data from both economies.
RTTNews
|
12 minuter sedan
Canadian Stocks May Open Slightly Weak
Canadian shares may open slightly down on Thursday with investors focusing on the upcoming speeches by central bank chiefs, including Fed Chair Jerome Powell, at the Jackson Hole Symposium.
RTTNews
|
19 minuter sedan
Philly Fed Index Slumps Much More Than Expected In August
Manufacturing activity in the Philadelphia area has weakened in the month of August, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday.
RTTNews
|
30 minuter sedan
U.S. Weekly Jobless Claims Rise More Than Expected
First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended August 16th, according to a repot released by the Labor Department on Thursday.
RTTNews
|
35 minuter sedan
FTSE 100 Slips Ahead Of Speeches At Jackson Hole Symposium
U.K. stocks are drifting down a bit on Thursday with investors largely staying cautious, digesting flash survey data on regional manufacturing and services sector activity, and looking ahead to the Jackson Hole Symposium.
RTTNews
|
1h 53minuter sedan
CAC 40 Moderately Lower
French stocks are exhibiting weakness on Thursday in cautious trade, with investors awaiting speeches from central bank chiefs at the Jackson Hole Symposium, which gets underway later in the day. Investors are also digesting flash survey figures on regional manufacturing and services sector activity in the month of August.
RTTNews
|
2h 19minuter sedan
Eurozone Private Sector Expands At Fastest Pace In 15 Months
Eurozone private sector expanded at the fastest pace in 15 months in August on stronger growth in manufacturing output despite challenges posed by U.S. trade tariffs. The HCOB flash composite output index climbed more-than-expected to 51.1 in August from 50.9 in July, survey results from S&P Global revealed Thursday. The score was seen at 50.7.
RTTNews
|
2h 23minuter sedan
DAX Down Marginally
German stocks are down in negative territory on Thursday with investors making cautious moves while looking ahead to Fed Chair Jerome Powell's speech at the Jackson Hole Symposium for clues about the central bank's likely move on rate cuts this year.
RTTNews
|
2h 36minuter sedan
