Advertisement
CAC 40 Holds Steady On US Debt Deal Optimism
(RTTNews) - French stocks held steady on Friday after reports suggested that U.S. lawmakers are inching closer to an agreement that would raise the debt limit for about two years and cap federal spending at the same level as fiscal 2023 for two years.
The dollar eased on optimism that the U.S. government would avert a government default. The benchmark CAC 40 was up 10 points, or 0.1 percent, at 7,239 after losing 0.3 percent the previous day.
Casino plunged nearly 6 percent. The debt-ridden retailer said it was officially started court-backed negotiations with its creditors.
The dollar edged lower in European trade but was on course for its third consecutive weekly gain amid speculation that the Federal Reserve may raise rates again in June.
read more
French GDP Growth Beats Expectations
The French economy logged a faster-than-expected growth in the second quarter on recovering household spending, official data showed Wednesday. Gross domestic product grew 0.3 percent from a quarter ago, the statistical office INSEE showed on Wednesday. The economy was expected to grow at a steady pace of 0.1 percent in the second quarter.
RTTNews
|
1 ชม. 11 นาทีที่ผ่านมา
Singapore Central Bank Maintains Monetary Policy
Singapore central bank maintained its monetary policy on Wednesday after easing twice this year, as there are risks to growth from renewed trade conflicts and geopolitical shocks. The Monetary Authority of Singapore said it will maintain the prevailing rate of appreciation of the S$NEER policy band and there will be no change to its width and the level at which it is centered.
RTTNews
|
2 ชม. 16 นาทีที่ผ่านมา
European Shares Seen Higher With Earnings And Fed Decision In Focus
European stocks are seen opening a tad higher on Wednesday as investors brace for the Federal Reserve's rate decision and earnings from tech giants Microsoft and Meta later in the day.
RTTNews
|
2 ชม. 37 นาทีที่ผ่านมา
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Wednesday.
RTTNews
|
2 ชม. 44 นาทีที่ผ่านมา
European Economic News Preview: Eurozone GDP Data Due
Flash quarterly national accounts from the euro area and other major economies of the currency bloc are due on Wednesday, headlining a busy day for the European economic news. At 1.30 am ET, France's statistical office INSEE publishes GDP and consumer spending data. The economy is forecast to grow 0.1 percent sequentially, the same rate of growth as seen in the first quarter.
RTTNews
|
3 ชม. 30 นาทีที่ผ่านมา
Sensex, Nifty Modestly Higher As Investors Cheer Earnings
Indian shares were slightly higher on Wednesday as a slew of upbeat earnings offset uncertainty surrounding the delayed trade agreement between India and the U.S.
RTTNews
|
3 ชม. 47 นาทีที่ผ่านมา
Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market moves on Wednesday, adding to the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 8,750 level, despite the broadly negative cues from Wall Street overnight, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
RTTNews
|
4 ชม. 42 นาทีที่ผ่านมา
Asian Markets Mixed In Cautious Trades
Asian stock markets are trading mixed on Wednesday, following the broadly negative cues from Wall Street overnight, as traders remain cautious and seemed reluctant to make significant moves as they watch developments on the tariff front as the deadline of August 1 set by the US President Donald Trump nears. They also look ahead to the US Fed's monetary policy announcement later in the day.
RTTNews
|
5 ชม. 4 นาทีที่ผ่านมา
