CAC 40 Dips After Tuesday's Strong Rally

RTTNews | 954天前
CAC 40 Dips After Tuesday's Strong Rally

(RTTNews) - French stocks were moving lower on Wednesday after a survey showed activity in the country's services sector expanded a bit less than initial forecast in September.

Euro zone bond yields rose, and the dollar rebounded as hawkish commentary from the Reserve Bank of New Zealand suggested that fighting inflation is still a priority for many central banks.

The benchmark CAC 40 was down 44 points, or 0.7 percent, at 5,995 after climbing 4.2 percent the previous day.

STMicroelectronics NV shares climbed 1.1 percent. The European Commission has approved, under EU State aid rules, a 292.5 million euros Italian measure to support the semiconductor manufacturer in the construction of a plant in the semiconductor value chain in Catania, Sicily.

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DAX Up 0.8%, Looks Set To End Week On Strong Note

DAX Up 0.8%, Looks Set To End Week On Strong Note

German stocks are up firmly in positive territory on Friday, amid easing trade tensions following the U.S.-China deal earlier in the week, and recent reports about a positive progress in the EU bloc's discussions with the U.S. for tariff reductions.
RTTNews | 25分钟前
European Shares Edge Higher In Cautious Trade

European Shares Edge Higher In Cautious Trade

European stocks traded higher on Friday as a slew of weak U.S. economic data suggested the Federal Reserve may have more leeway to cut interest rates later this year.
RTTNews | 1小时15分钟前
Yen Rises Amid Risk-off Mood, BoJ Rate Hike Bets

Yen Rises Amid Risk-off Mood, BoJ Rate Hike Bets

The Japanese yen strengthened against other major currencies in the Asian session on Friday amid risk-off mood, as traders digested the latest settlements on the trade tariff front and remained caution as they awaited more clarity on the developments in trade negotiations with other trade partners.
RTTNews | 1小时40分钟前
NZ Dollar Rebounds Against Majors

NZ Dollar Rebounds Against Majors

The New Zealand dollar rebounded from recent lows against other major currencies in the Asian session on Friday.
RTTNews | 2小时58分钟前
Malaysia GDP Growth Softens As Estimated

Malaysia GDP Growth Softens As Estimated

Malaysia's economic growth slowed to the weakest in a year in the first quarter, as estimated, and the economy is projected to log weaker growth this year than the official estimate due to trade tensions. Gross domestic product advanced 4.4 percent on a yearly basis in the first quarter, slower than the revised 4.9 percent growth posted in the fourth quarter, data from the Bank Negara Malaysia re
RTTNews | 3小时11分钟前