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CAC 40 Little Changed As Yields Climb On Fading Rate Cut Hopes
(RTTNews) - French stocks were little changed on Monday amid facing expectations of an early rate cut in the U.S.
The dollar and bond yields remained supported after government data showed U.S. job growth surged unexpectedly in December.
The yields on the European 10-year benchmark note and the German 10-year rose for a third straight session ahead of U.S. consumer price inflation and producer price inflation data due this week.
The benchmark CAC 40 was marginally higher at 7,422 after losing 0.4 percent on Friday. Casino shares fell about 1 percent. The retail company said that the European Commission has authorized a consortium led by Daniel Kretinsky to take control of the Group as part of the financial restructuring.
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South Korea Rate Decision On Tap For Thursday
The Bank of Korea will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate steady at 2.50 percent.
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26 phút trước
Canadian Dollar Advances Against Majors
The Canadian dollar firmed against its major counterparts in the New York session on Wednesday.
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1h 14phút trước
Swiss Market Ends Slightly Weak
The Switzerland market edged down marginally on Wednesday after a cautious session, as investors looked for directional clues.
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4h 16phút trước
Major European Markets Close Weak; UK Market Outperforms
The major European markets closed mostly lower on Wednesday as investors reacted to earnings updates and other corporate news, in addition to following the developments on the trade front and digesting geopolitical news.
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4h 50phút trước
Bay Street Likely To Open On Mixed Note
Canadian stocks may open on a mixed note on Wednesday, tracking commodity prices and quarterly earnings announcements. The mood is likely to remain cautious amid tariff concerns, and uncertainty about the outlook for interest rate cuts next week.
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9h 36phút trước
Bank Indonesia Unexpectedly Holds Rate Steady At 4.75%
Indonesia's central bank unexpectedly kept its key interest rate unchanged on Wednesday after three consecutive reductions as policymakers assess the impact of the previous easing. The Bank Indonesia board, led by Governor Perry Warjiyo, decided to hold the BI rate at 4.75 percent. The bank was expected to cut the rate by 25 basis points.
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9h 40phút trước
FTSE 100 Rises Nearly 1% On Soft Inflation Data
The U.K. market is up in positive territory on Wednesday, outperforming other major markets in Europe, thanks to softer-than-expected consumer price inflation data.
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11h 7phút trước
CAC 40 Pares Some Early Losses; L'Oreal Down Sharply As Sales Miss Expectations
French stocks are showing weakness on Wednesday, turning down south from the record highs climbed in the previous session. Slightly disappointing earnings announcements from luxury majors weigh on the market.
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11h 29phút trước
