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CAC 40 Gains As Macron Prepares To Appoint New PM

RTTNews | 327 dagar sedan

CAC 40 Gains As Macron Prepares To Appoint New PM

(RTTNews) - French stocks eked out modest gains on Thursday as investors wait for President Emmanuel Macron to appoint a new prime minister.

Macron is seeking a political deal that would allow him to both name a new prime minister and "guarantee the stability of the country," a spokesperson for the outgoing government said Wednesday and insisted there was at the moment no "broader" political alliance than the current one between his centrist allies and conservatives from the Republicans party.

Investors also seek direction from a European Central Bank rate decision later in the day.

The benchmark CAC 40 was up 12 points, or 0.2 percent, at 7,435 after closing 0.4 percent higher on Wednesday.

In corporate news, semiconductor company STMicroelectronics rose about 1 percent after forging a strategic collaboration with Quobly, a French quantum computing startup.

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Indian Rupee Rises To 5-day High Against U.S. Dollar

Indian Rupee Rises To 5-day High Against U.S. Dollar

The Indian rupee strengthened against the U.S. dollar in the Asian session on Tuesday, in anticipation that the Reserve Bank of India (RBI) has intervened in the currency market to boost the Indian Rupee.

RTTNews | 1h 14minuter sedan

Commodity Currency's Slide Amid Risk-Off Sentiment

Commodity Currency's Slide Amid Risk-Off Sentiment

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Tuesday, as Asian stocks traded lower as a tech rally fizzled out due to valuation concerns and investors weighed mixed messages from Federal Reserve officials over the path of interest rates.

RTTNews | 1h 39minuter sedan

European Shares Decline Amid Risk-off Sentiment

European Shares Decline Amid Risk-off Sentiment

European stocks were sharply lower on Tuesday as mixed earnings, weak U.S. manufacturing data and cautious comments from Federal Reserve officials over the path of interest rates soured investors' appetite for riskier assets.

RTTNews | 2h 20minuter sedan

Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.

RTTNews | 2h 39minuter sedan

Asian Shares Decline Amid Economic Uncertainty

Asian Shares Decline Amid Economic Uncertainty

Asian stocks ended mostly lower on Tuesday as a tech rally fizzled out due to valuation concerns and investors weighed mixed messages from Federal Reserve officials over the path of interest rates.

RTTNews | 2h 48minuter sedan

Canadian Dollar Drops Against Most Majors

Canadian Dollar Drops Against Most Majors

The Canadian dollar weakened against most major currencies in the Asian session on Tuesday.

RTTNews | 3h 14minuter sedan

NZ Dollar Slides Against Majors

NZ Dollar Slides Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday.

RTTNews | 3h 22minuter sedan

Australian Dollar Falls Against Majors

Australian Dollar Falls Against Majors

The Australian dollar weakened against other major currencies in the Asian session on Tuesday.

RTTNews | 3h 30minuter sedan

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