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CAC 40 Slips Into Red In Lackluster Trade
(RTTNews) - French stocks traded lower on Tuesday as traders looked ahead to a European Central Bank policy meeting due later in the week for clues on the timing and pace of interest-rate cuts.
Investors were also reacting to reports suggesting that Chinese authorities are considering a package of measures to stabilize the country's slumping stock market.
The benchmark CAC 40 was down 19 points, or 0.3 percent, at 7,393 after rising 0.6 percent the previous day.
Healthcare firm Sanofi fell about 1 percent after it agreed to buy the U.S. biotech Inhibrx Inc. for as much as $2.2 billion.
Ipsen SA rose about half a percent after its phase-three trial of prostate cancer drug Cabometyx yielded positive results.
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New Zealand Retail Sales Data Due On Monday
New Zealand will on Monday release Q2 numbers for retail sales, highlighting a light day for Asia-Pacific economic activity. Sales are expected to add 0.1 percent on quarter, easing from 0.8 percent in the three months prior.
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21 phút trước
U.S. Dollar Drops After Powell's Speech
The U.S. dollar weakened against its major counterparts in the New York session on Friday, as Federal Reserve Chair Jerome Powell hinted at a potential rate cut next month.
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2 ngày trước
TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes
The Canadian market is up firmly in positive territory a little past noon on Friday, with stocks from across several sectors moving higher on strong buying support amid rising hopes of an interest rate cut by the Federal Reserve in September.
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2 ngày trước
Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates
Federal Reserve Chair Jerome Powell delivered a highly-anticipated speech before the Jackson Hole Economic Symposium on Friday, although he touched only briefly on the outlook for monetary policy. "With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance," Powell said.
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2 ngày trước
Bay Street Likely To Open On Mixed Note; Powell's Speech Eyed
Canadian shares are likely to open on a somewhat mixed note Friday morning with investors awaiting Fed Chair Jerome Powell's speech at Jackson Hole. Lower commodity prices may weigh a bit early on in the session.
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2 ngày trước
Sensex, Nifty Snap Six-day Winning Streak On Tariff Concerns
Indian shares fell sharply on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.
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2 ngày trước
FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply
U.K. stocks are turning in a mixed performance in cautious trade on Friday, amid a lack of fresh triggers. Investors are awaiting Fed Chair Jerome Powell's speech later in the day at the Jackson Hole Symposium, for clues about U.S. central bank's interest rate move next month.
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2 ngày trước
U.S. Dollar Rises Ahead Of Fed's Powell Speech
The U.S. dollar strengthened against other major currencies in the European session on Friday, as traders expect speech by Fed Chair Jerome Powell at the Jackson Hole Symposium.
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2 ngày trước
