CAC 40 Little Changed As Yields Climb On Fading Rate Cut Hopes

RTTNews | 655天前
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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UK Retail Sales Rise Unexpectedly; Consumer Confidence Improves

UK Retail Sales Rise Unexpectedly; Consumer Confidence Improves

UK retail sales grew unexpectedly in September amid strong expansion in non-store retailing, data from the Office for National Statistics showed Friday. Retail sales advanced 0.5 percent in September from the previous month, confounding expectations for a decline of 0.2 percent. Sales had climbed 0.6 percent in August.
RTTNews | 1小时42分钟前
European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

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RTTNews | 4小时49分钟前
Sensex, Nifty Struggle For Direction In Early Trade

Sensex, Nifty Struggle For Direction In Early Trade

Indian shares struggled for direction on Friday amid concerns that soaring crude oil prices on fears of supply disruptions would result in higher input costs for Indian refiners that have been key buyers of discounted Russian crude since 2022.
RTTNews | 4小时57分钟前
Australian Market Slips To Modest Losses In Mid-market

Australian Market Slips To Modest Losses In Mid-market

The Australian market is slipping to modest losses in mid-market moves on Friday after opening in the green, giving up some of the gains in the previous session, despite the positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 9,050 level, with weakness in gold miners and financial stocks partially offset by gains in iron ore miners and technology stocks.
RTTNews | 6小时4分钟前