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CAC 40 Rises On China Optimism
(RTTNews) - French stocks rose notably on Monday after China's top leaders said they will focus on boosting the economy next year.
While more concrete policies are expected in March, the main tools for growth will be fiscal stimulus and stable monetary policies, state media quoted a senior Chinese Communist Party official as saying on Saturday.
Investors also reacted positively to the latest survey results showing that a measure of German business sentiment increased for a third straight month in December.
The Ifo business-climate index rose to 88.6 from a revised 86.4 in November.
The benchmark CAC 40 was up 41 points, or 0.6 percent, at 6,493 after closing 1.1 percent lower on Friday.
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Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Tuesday.
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50 dakika önce
European Shares Extend Gains For Fourth Day; US Inflation Report Eyed
European stocks were flat to slightly higher on Tuesday, extending gains for a fourth day running amid signs of progress in U.S.-China trade talks.
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59 dakika önce
Asian Shares Mixed In Cautious Trade; US Inflation Data Eyed
Asian stocks ended mixed on Tuesday as initial euphoria over the U.S.-China trade deal faded and investors lowered their bets of Federal Reserve rate cuts this year.
Uncertainty still lingered and there was apprehension over whether anything durable would come out of the trade talks after a 90-day halt.
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1s 29 dakika önce
Antipodean Currencies Rise On US-China Trade Deal Impact
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday, amid easing fears of a prolonged trade global war after news that the U.S. and China have agreed to drastically reduce the massive tariffs on each other's goods by 115 percent while retaining an additional 10 percent tariff.
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2s 9 dakika önce
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.
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3s 43 dakika önce
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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3s 52 dakika önce
Australia NAB Business Confidence Rises, Conditions Fall
Australia business confidence improved in April, while conditions deteriorated due to weaker profitability, survey results from NAB showed on Tuesday. The business confidence index rose to -1 in April from -3 in March but remained negative. Confidence by industry was mixed, with a significant increase in confidence in manufacturing and smaller increases in wholesale, construction, and finance.
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4s 28 dakika önce
European Shares Seen Opening Mostly Lower Before US Inflation Data
European stocks are likely to open lower on Tuesday as investors await the U.S. Labour Department's April consumer price inflation data later in the day for more economic cues.
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4s 36 dakika önce
