CAC 40 Inches Lower As Investors Await Powell Speech

RTTNews | 574 วันที่ผ่านมา
CAC 40 Inches Lower As Investors Await Powell Speech

(RTTNews) - French stocks were moving lower on Tuesday as China reported mixed trade data and investors looked ahead to Fed Chair Jerome Powell's speech due on Wednesday and Thursday for additional clarity on the U.S. rate outlook.

China's exports shrank 6.4 percent year-on-year in October, while imports unexpectedly grew 3.0 percent to snap 11 straight months of decline, official data showed in a sign that recovery in the world's second-largest economy remains uneven despite a series of government stimulus measures.

The benchmark CAC 40 was down 17 points, or 0.2 percent, at 6,997.

Engie gained about 1 percent. The energy company raised its full-year outlook after reporting earnings before interest and taxes of 8.322 billion euros for the 9-month period, 14.7 percent from 7.254 billion euros in the same period a year ago.

Capgemini was marginally lower. The IT company registered a decline revenue for the third-quarter of 2023, amidst challenging macro-economic conditions.

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European Stocks Recover From Early Weakness, Close Broadly Higher

European Stocks Recover From Early Weakness, Close Broadly Higher

European stocks closed higher on Tuesday despite lingering uncertainty about the Trump administration's tariff moves. Investors digested regional economic data, that included a report showing a drop in euro zone inflation, and looked ahead to some crucial reports from the U.S., including non-farm payroll data due later in the week.
RTTNews | 19 นาทีที่ผ่านมา
U.S. Job Openings Unexpectedly Increase In April

U.S. Job Openings Unexpectedly Increase In April

Job openings in the U.S. unexpectedly increased in the month of April, according to a report released by the Labor Department on Tuesday. The Labor Department said job openings climbed to 7.391 million in April from an upwardly revised 7.200 million in March.
RTTNews | 2 ชม. 11 นาทีที่ผ่านมา
U.S. Factory Orders Pull Back Sharply In April

U.S. Factory Orders Pull Back Sharply In April

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RTTNews | 2 ชม. 33 นาทีที่ผ่านมา
Eurozone Inflation Falls Below 2% Target To Boost ECB Rate Cut Hopes

Eurozone Inflation Falls Below 2% Target To Boost ECB Rate Cut Hopes

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RTTNews | 3 ชม. 52 นาทีที่ผ่านมา
Swiss Franc Falls Against Majors

Swiss Franc Falls Against Majors

The Swiss franc weakened against other major currencies in the New York session on Tuesday.
RTTNews | 4 ชม. 6 นาทีที่ผ่านมา
Dollar Index Rebounds Amidst Legal Whiplash For Trade Tariffs

Dollar Index Rebounds Amidst Legal Whiplash For Trade Tariffs

The Dollar Index rebounded during the week ended May 30 amidst conflicting court rulings that debated the powers available to President Trump to enforce the reciprocal tariffs on trade partners.
RTTNews | 4 ชม. 41 นาทีที่ผ่านมา
FTSE 100 Up Marginally In Cautious Trade

FTSE 100 Up Marginally In Cautious Trade

After edging up a bit in early trades, the U.K. stock market drifted lower Tuesday morning, but edged up on selective buying and was up marginally nearly half an hour past noon. A downward revision in UK's growth forecast by OECD, and uncertainty surrounding the U.S. Government's tariff moves weigh on sentiment. The OECD has also downgraded its global growth forecast.
RTTNews | 6 ชม. 0 นาทีที่ผ่านมา
Euro Area Jobless Rate Eases To 6.2% As Expected

Euro Area Jobless Rate Eases To 6.2% As Expected

Eurozone unemployment rate fell for the first time in four months in April, in line with expectations, preliminary data from the statistical office Eurostat showed on Tuesday.
RTTNews | 6 ชม. 20 นาทีที่ผ่านมา