CAC 40 Slides Ahead Of Eurozone GDP Data

RTTNews | 676 gün önce
CAC 40 Slides Ahead Of Eurozone GDP Data

(RTTNews) - French stocks traded slightly lower on Thursday ahead of euro area GDP data for the third quarter due later in the day.

The previous estimate showed that gross domestic product shrunk 0.1 percent sequentially after the 0.2 percent expansion.

The benchmark CAC 40 was down 16 points, or 0.2 percent, at 7,420 after rising 0.7 percent on Wednesday.

Saint-Gobain shares were down half a percent. The building materials firm has acquired Menkol Industries Private Limited, an Indian manufacturer specializing in high-added value waterproofing systems.

Biopharmaceutical company Ipsen SA rallied 1.7 percent after saying it expects sales to grow at least 7 percent on an average annually for the period 2023-27 at constant exchange rates.

Airline group Air France-KLM slumped 6 percent after JPMorgan analysts cut their rating on the stock.

read more
Dollar Surges As Euro, Yen Plunge

Dollar Surges As Euro, Yen Plunge

The U.S. Dollar rallied emphatically against major currencies during the week ended October 10 amidst political instability in France and Japan that undermined the euro and the yen.
RTTNews | 23 dakika önce
CAC Up Over 0.5% Despite Paring Some Early Gains

CAC Up Over 0.5% Despite Paring Some Early Gains

French stocks are gaining notable ground in positive territory on Monday amid easing concerns about U.S.-China trade tensions after President Donald Trump softened his stance on a potential 100% tariffs on Chinese goods.
RTTNews | 1s 19 dakika önce
DAX Up Nearly 0.5% On Easing U.S.-China Trade Tensions

DAX Up Nearly 0.5% On Easing U.S.-China Trade Tensions

German stocks are up firmly in positive territory on Monday, with investors cheering U.S. President Donald Trump's conciliatory tone on trade with China. Trump, who previously threatened to slap steep new tariffs on China, said over the weekend that everything would be "fine" and Washington was not looking to "hurt" China.
RTTNews | 1s 38 dakika önce
China Exports Log Strong Growth Despite Trade Tensions

China Exports Log Strong Growth Despite Trade Tensions

China's exports and imports logged notable growth in September as the world's second largest economy strengthened its trade ties with other nations amid escalating trade tensions with the US. Exports advanced 8.3 percent year-on-year in September, data from the customs office showed Monday. The annual rate was forecast to rise moderately to 6.0 percent from 4.4 percent in August.
RTTNews | 1s 54 dakika önce
European Shares Rebound In Cautious Trade

European Shares Rebound In Cautious Trade

European stocks were moving higher on Monday after U.S. President Donald Trump struck a more conciliatory tone on trade with China, saying that everything would be "fine" and that Washington was not looking to "hurt" China.
RTTNews | 2s 20 dakika önce