CAC 40 Slides As Investors Await Powell's Speech

RTTNews | 580 gün önce
CAC 40 Slides As Investors Await Powell's Speech

(RTTNews) - French stocks were sharply lower on Thursday amid concerns over rising Treasury yields and lingering Middle East tensions.

Bond yield surged in Europe, with Germany's 10-year government bond yield, the benchmark for the euro area, rising 3 basis points (bps) to 2.95 percent ahead of Fed Chair Jerome Powell's speech later in the day.

The benchmark CAC 40 was down 65 points, or 0.9 percent, at 6,900 after declining 0.9 percent on Wednesday.

Carmaker Renault plunged almost 8 percent after currency depreciations in Turkey and Argentina weighed heavily on the pace of sales growth in the third quarter.

Channel tunnel operator Getlink gained about 1 percent after posting a marginal rise in Q3 revenue.

Pernod Ricard soared 5 percent after the spirts maker forecast higher sales in fiscal year 2023-24.

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South Korea Shares May Open In The Red On Thursday

South Korea Shares May Open In The Red On Thursday

The South Korea stock market on Wednesday ended the two-day slide in which it had slipped more than 25 points or 0.9 percent. The KOSPI now rests just above the 2,625-point plateau, although it's likely to hand back those gains again on Thursday.
RTTNews | 21 dakika önce
Japan Core Machinery Order Data Due On Thursday

Japan Core Machinery Order Data Due On Thursday

apan will on Thursday release March figures for core machinery orders, highlighting a busy day for Asia-Pacific economic activity. Orders are expected to slip 1.5 percent on month and 2.5 percent on year after rising 4.3 percent on month and 1.5 percent on year in February.
RTTNews | 1s 21 dakika önce
Pound Advances After U.K. Inflation Data

Pound Advances After U.K. Inflation Data

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RTTNews | 4s 27 dakika önce
Swiss Markets Ends Modestly Lower

Swiss Markets Ends Modestly Lower

The Switzerland market ended lower on Wednesday after languishing in negative territory right through the day's trading session, as concerns about trade and geopolitical uncertainty rendered the mood cautious, prompting investors to refrain from making significant moves.
RTTNews | 6s 7 dakika önce
European Stocks Close On Mixed Note Amid Geopolitical, Trade Uncertainty

European Stocks Close On Mixed Note Amid Geopolitical, Trade Uncertainty

European stocks turned in a mixed performance on Wednesday after a cautious session as investors awaited clarity on the trade front. The impasse in Ukraine peace talks and data showing a bigger than expected increase in UK inflation weighed on sentiment. A downward revision in U.S. federal deficit weighed as well.
RTTNews | 6s 45 dakika önce
Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

Canadian shares are likely to open on a mixed note Wednesday morning. Weak European stocks, concerns about U.S. debt, impasse over peace talks and a lack of progress in trade negotiations may weigh on sentiment. Firm bullion and crude oil prices could trigger buying in resources sectors and limit market's downside.
RTTNews | 11s 25 dakika önce