CAC 40 Slides On Inflation Concerns

RTTNews | 592 gün önce
CAC 40 Slides On Inflation Concerns

(RTTNews) - French stocks traded lower on Friday after an upside revision to September inflation. According to final figures from the INSEE statistics body, the inflation figure, on an EU-harmonized basis, has been revised up to 5.7 percent from the preliminary figure of 5.6 percent.

Spanish annual inflation also stood higher for a third consecutive month at 3.5 percent, raising pressure on the European Central Bank to keep interest rates at an elevated time for some time.

The benchmark CAC 40 was down 24 points, or 0.3 percent, at 7,080 after losing 0.4 percent the previous day.

Real estate company Unibail-Rodamco-Westfield was moving lower after it received a binding offer from real estate company Frey for Polygone Riviera for a net disposal price of 272.3 million euros. The price is at a 4 percent discount to last unaffected book value.

read more
U.S. Dollar Strengthens On Trump's Tariff Delay

U.S. Dollar Strengthens On Trump's Tariff Delay

The U.S. dollar was higher against its major counterparts in the New York session on Tuesday amid easing trade tensions between the U.S. and the European Union.
RTTNews | 35 dakika önce
European Stocks Close Broadly Higher On Strong Data, Easing Trade Tensions

European Stocks Close Broadly Higher On Strong Data, Easing Trade Tensions

European stocks closed on a positive note on Tuesday, continuing to benefit from U.S. President Donald Trump's decision to amid slightly easing concerns about a potential trade war following U.S. President Donald Trump's decision decision to wait till July 9th to implement the 50% tariffs he had threatened to impose on imports from the European Union.
RTTNews | 2s 3 dakika önce
U.S. Consumer Confidence Rebounds Much More Than Expected In May

U.S. Consumer Confidence Rebounds Much More Than Expected In May

A report released by the Conference Board on Tuesday showed a substantial improvement by U.S. consumer confidence in the month of May. The Conference Board said its consumer confidence index spiked to 98.0 in May after plunging to a downwardly revised 85.7 in April.
RTTNews | 4s 44 dakika önce
U.S. Durable Goods Orders Plunge 6.3% In April As Aircraft Orders Plummet

U.S. Durable Goods Orders Plunge 6.3% In April As Aircraft Orders Plummet

With orders for transportation equipment pulling back sharply, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of April. The Commerce Department said durable goods orders tumbled by 6.3 percent in April after surging by a downwardly revised 7.6 percent in March.
RTTNews | 4s 55 dakika önce
Bay Street Seen Opening Higher Again

Bay Street Seen Opening Higher Again

Canadian shares are likely to extend recent gains on Tuesday following U.S. President Donald Trump's decision to wait till July 9th to implement the 50% tariffs he had threatened to impose on imports from the European Union.
RTTNews | 6s 22 dakika önce
U.S. Durable Goods Orders Pull Back Sharply In April

U.S. Durable Goods Orders Pull Back Sharply In April

With orders for transportation equipment pulling back sharply, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of April.
RTTNews | 6s 22 dakika önce
Eurozone Economic Sentiment Rises More Than Forecast

Eurozone Economic Sentiment Rises More Than Forecast

Eurozone economic confidence strengthened more than expected in May as manufacturers, consumers and retailers showed signs of recovery, survey data from the European Commission revealed on Tuesday. The Economic Sentiment Indicator climbed to 94.8 from 93.8 in April. The reading was above forecast of 94.0. The rise in the ESI was primarily driven by the improvements in the industry, retail trad
RTTNews | 6s 40 dakika önce