CAC 40 Dips On US Debt Ceiling Worries

RTTNews | 832 gün önce
CAC 40 Dips On US Debt Ceiling Worries

(RTTNews) - French stocks were slightly lower in cautious trade on Wednesday as investors awaited U.S. consumer price inflation data later in the day for additional clues on the Federal Reserve's rate hike path.

Also weighing on sentiment, a high stakes meeting between U.S. President Joe Biden and key lawmakers from both parties on Tuesday yielded no breakthrough on the impasse over the U.S. debt ceiling.

The benchmark CAC 40 was down 15 points, or 0.2 percent, at 7,381 after losing 0.6 percent in the previous session.

Lender Credit Agricole rallied nearly 5 percent after posting a record performance in the first quarter on higher trading revenue.

Train maker Alstom slumped 5.7 percent after delaying its mid-term targets.

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DAX Up 0.3% On Ukraine Peace Deal Hopes

DAX Up 0.3% On Ukraine Peace Deal Hopes

German stocks are gaining some ground in positive territory on Tuesday amid hopes of a peace deal between Russia and Ukraine, after U.S. President Donald Trump said his recent meeting with Ukrainian President Volodymyr Zelenskyy and other European leaders progressed well.
RTTNews | 12 dakika önce
Asian Shares Retreat As Investors Watch Ukraine Talks

Asian Shares Retreat As Investors Watch Ukraine Talks

Asian stocks ended mostly lower on Tuesday as investors awaited keynote speeches from top central bankers, including Fed Chair Jerome Powell for signals on the path of interest rates.
RTTNews | 1s 34 dakika önce
Australian Dollar Falls Despite Upbeat Consumer Sentiment Data

Australian Dollar Falls Despite Upbeat Consumer Sentiment Data

The Australian dollar weakened against other major currencies in the Asian session on Tuesday, despite Australia's consumer confidence improving to a three-and-a-half year high in August as the central bank is expected to lower interest rates further after a third reduction this year. Data from Westpac-Melbourne Institute showed that consumer sentiment index rose to 98.5 in August from 93.1 in July. The improvement followed a further reduction in interest rates by the Reserve Bank of Australia. With the latest 25 basis points cut, interest rates dropped by 75 basis points since the start of the year.
RTTNews | 2s 6 dakika önce
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks may open flat to slightly higher on Tuesday after U.S. President Donald Trump described his recent meeting with Ukrainian President Volodymyr Zelenskyy and European partners as 'very good" and said he's begun arranging a meeting between Zelensky and Russian President Vladimir Putin, possibly within the next two weeks.
RTTNews | 4s 49 dakika önce
Australia Consumer Sentiment At 3 1/2 Year High: Westpac

Australia Consumer Sentiment At 3 1/2 Year High: Westpac

Australia's consumer confidence improved to a three-and-a-half year high in August as the central bank is expected to lower rates further after a third cut this year, monthly survey results from Westpac showed on Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index rose to 98.5 in August from 93.1 in June.
RTTNews | 5s 19 dakika önce
Sensex, Nifty Slightly Higher In Early Trade

Sensex, Nifty Slightly Higher In Early Trade

Indian shares were slightly higher on Tuesday, extending the previous session's strong gains after the Modi government, in a bold Independence Day declaration, revealed plans for the largest tax overhaul since 2017.
RTTNews | 5s 44 dakika önce