CAC 40 Up 0.75% On Easing Trade Tensions

RTTNews | 81 dagar sedan
CAC 40 Up 0.75% On Easing Trade Tensions

(RTTNews) - French stocks are exhibiting strength on Friday, buoyed by news about the U.S. and U.K. agreeing on a trade deal, and the upcoming U.S. - China trade talks this weekend.

The benchmark CAC 40 was up 57.75 points or 0.75% at 7,752.18 a little while ago.

U.S. President Donald Trump said on Thursday that the meetings with China on trade and economic issues could be "very substantive" and lead to tariff reductions.

Elsewhere, U.S. Commerce Secretary Howard Lutnick told CNBC that dozens of trade deals will be rolled over the next month, but a 10 percent tariff imposed on most countries will likely stay.

STMicroElectronics is gaining nearly 3%. Capgemini is up 2.5%, Kering is rising 1.8% and Teleperformance is up 1.7%.

LVMH, Dassault Systemes, L'Oreal, TotalEnergies, Renault, Edenred, ArcelorMittal, Eurofins Scientific, Michelin, Hermes International and Sanofi are advancing 1 to 1.5%.

Thales is down more than 2%. Accor and Societe Generale are lower by 0.8% and 0.75%, respectively. Safran is down marginally.

read more
Australia Inflation Data Due On Wednesday

Australia Inflation Data Due On Wednesday

Australia will on Wednesday see Q2 figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity. Overall inflation is expected to rise 0.8 percent on quarter and 2.1 percent on year, easing from 0.9 percent on quarter and 2.4 percent on year in the three months prior.
RTTNews | 1h 6minuter sedan
U.S. Dollar Higher Ahead Of Fed Decision

U.S. Dollar Higher Ahead Of Fed Decision

The U.S. dollar was higher against its most major counterparts in the New York session on Tuesday, as investors awaited the Federal Reserve's interest rate decision on Wednesday.
RTTNews | 1h 21minuter sedan
Swiss Market Closes On Firm Note

Swiss Market Closes On Firm Note

The Switzerland market shrugged off a somewhat shaky start and climbed higher on Tuesday with investors mostly reacting to corporate earnings updates, and looking ahead to monetary policy announcement from the Federal Reserve and closely following trade talks.
RTTNews | 5h 11minuter sedan
European Stocks Close Higher As Investors React To Earnings

European Stocks Close Higher As Investors React To Earnings

European stocks closed on a firm note on Tuesday as investors reacted to a slew of earnings announcements from the region, and looked ahead to monetary policy announcements from some leading central banks, including the U.S. Federal Reserve.
RTTNews | 5h 32minuter sedan
TSX Pares Some Gains After Hitting New High; Celestica Rises On Strong Results

TSX Pares Some Gains After Hitting New High; Celestica Rises On Strong Results

The Canadian market is up in positive territory a little past noon on Tuesday, supported by gains in technology, real estate, healthcare and consumer staples sectors. In addition to following the developments on the trade front, investors are also looking ahead to the monetary policy announcements from the Bank of Canada and the Federal Reserve.
RTTNews | 6h 32minuter sedan
U.S. Consumer Confidence Modestly Improves In July

U.S. Consumer Confidence Modestly Improves In July

Consumer confidence in the U.S. saw a modest improvement in the month of July, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index rose to 97.2 in July after falling to a revised 95.2 in June.
RTTNews | 8h 50minuter sedan