CAC 40 Rises As China Vows More Proactive Stimulus

RTTNews | 255 ngày trước
CAC 40 Rises As China Vows More Proactive Stimulus

(RTTNews) - French stocks rose on Monday as investors cheered signs of fresh stimulus measures in China.

The Politburo, a top decision-making body led by President Xi Jinping, said today it will stabilize property and stock markets while strengthening the "unconventional counter-cyclical" adjustment.

Investors also monitored the flare-up of tensions in Syria and awaited a European Central Bank policy meeting and the U.S. inflation figures this week for direction.

The ECB is expected to cut interest rates again this week amid worries about how fiscal policy will develop in Germany and France.

The benchmark CAC 40 was up 40 points, or half a percent, at 7,467 after rallying 1.3 percent on Friday.

China-related LVMH, Hermes and Kering were up 1-3 percent.

read more
Swiss Market Ends Weak

Swiss Market Ends Weak

The Switzerland market ended modestly lower on Thursday after languishing in negative territory right through the day's trading session, as the mood remained cautious with investors looking ahead to speeches from central bank chiefs at Federal Reserve's Jackson Hole Symposium.
RTTNews | 7h 27phút trước
European Stocks Close On Mixed Note Again

European Stocks Close On Mixed Note Again

European stocks turned in another mixed performance as investors stayed a bit cautious on Thursday, looking ahead to Federal Reserve's symposium at Jackson Hole, Wyoming, and largely shrugging off trade concerns. Investors also digested the latest batch of regional economic data, including flash estimates of manufacturing and services sector activity in the major economies.
RTTNews | 7h 43phút trước
Eurozone Consumer Confidence Weakens More Than Expected In August

Eurozone Consumer Confidence Weakens More Than Expected In August

Euro area consumer sentiment deteriorated more than expected in August to a four-month low, after a strong improvement in the previous month, preliminary results of the monthly survey by the European Commission revealed on Thursday.
RTTNews | 8h 32phút trước
U.S. Leading Economic Index Edges Down In Line With Estimates In July

U.S. Leading Economic Index Edges Down In Line With Estimates In July

A reading on leading U.S. economic indicators edged slightly lower in the month of July, according to a report released by the Conference Board on Thursday. The Conference Board said leading economic index slipped by 0.1 percent in July after falling by 0.3 percent in June. The modest decrease matched economist estimates.
RTTNews | 10h 26phút trước
U.S. Existing Home Sales Unexpectedly Rebound In July

U.S. Existing Home Sales Unexpectedly Rebound In July

The National Association of Realtors released a report on Thursday showing an unexpected rebound by existing home sales in the U.S. in the month of July. The report said existing home sales jumped by 2.0 percent to an annual rate of 4.01 million in July after tumbling by 2.7 percent to an annual rate of 3.93 million in June.
RTTNews | 10h 37phút trước