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
Yen Falls Amid BoJ Uncertainty
The Japanese yen weakened against other major currencies in the Asian session on Friday, as traders speculate uncertainty over the likely timing of the Bank of Japan's (BoJ) next rate hike.
RTTNews
|
1 ชม. 17 นาทีที่ผ่านมา
European Shares Set For Cautious Open Ahead Of Powell Speech
European stocks may open on a cautious note on Friday, with Federal Reserve Chair Jerome Powell's comments at Jackson Hole, Wyoming, likely to be in the spotlight amid an otherwise quiet day on the economic front.
RTTNews
|
1 ชม. 21 นาทีที่ผ่านมา
Sensex, Nifty Edge Lower; IT Stocks Drag On Trade Worries
Indian shares opened on a weak note on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.
RTTNews
|
2 ชม. 23 นาทีที่ผ่านมา
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews
|
2 ชม. 33 นาทีที่ผ่านมา
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market moves on Friday, giving up some of the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 9,000 mark, with weakness in technology and financial stocks partially offset by gains in mining and energy stocks.
RTTNews
|
3 ชม. 33 นาทีที่ผ่านมา
Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, as traders remain cautious amid lingering uncertainty about the outlook for interest rates ahead of US Fed Chair Jerome Powell's highly anticipated speech at the Jackson Hole Economic Symposium later in the day. Asian markets ended mixed on Thursday.
RTTNews
|
3 ชม. 57 นาทีที่ผ่านมา
Sensex, Nifty Set For Muted Start
Indian shares may open on a sluggish note on Friday following six consecutive sessions of gains on optimism about S&P's rating upgrade for India, improving Sino-India relations and the Centre's plan to rationalize Goods and Services Tax (GST).
RTTNews
|
4 ชม. 23 นาทีที่ผ่านมา
Japanese Market Slightly Higher
The Japanese market is slightly higher on Friday, snapping a three-session losing streak, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 42,650 level, with gains across all sectors led by automakers and financial stocks as domestic inflation data beat expectations.
RTTNews
|
4 ชม. 51 นาทีที่ผ่านมา
