CAC 40 Struggles For Direction In Early Trade

RTTNews | 755天前
CAC 40 Struggles For Direction In Early Trade

(RTTNews) - French stocks were little changed in lacklustre trade on Friday in the absence of Wall Street cues.

The euro strengthened and regional bond yields edged higher after Bundesbank President Joachim Nagel said the European Central Bank must resist any temptation to cut interest rates early.

Nagel also said he was "skeptical" about the risk of a 'hard landing' for the euro zone economy caused by the monetary policy squeeze.

The benchmark CAC 40 was marginally lower at 7,276 after closing up 0.2 percent the previous day.

Forvia rose 1.4 percent after Barclays upgraded shares of the automotive parts maker to "overweight".

China-related LVMH, Hermes and Kering were moving lower after Chinese wealth manager Zhongzhi Enterprise Group told investors it is heavily insolvent with up to $64 billion in liabilities.

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Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming its early losses in mid-market moves on Thursday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,600 level, with weakness in gold miners and technology stocks as well as a mixed performance in most other sectors.
RTTNews | 1小时55分钟前
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian markets are trading mostly lower on Thursday, following the negative cues from Wall Street overnight, on continuing concerns over the valuation of technology stocks, mirroring the steep drop on tech-heavy Nasdaq. Traders seemed reluctant to make significant moves ahead of the release of report on US consumer price inflation later in the day, which could impact the outlook for interest rates.
RTTNews | 2小时9分钟前
Indian Shares Set To Follow Global Peers Lower

Indian Shares Set To Follow Global Peers Lower

Indian shares look set to open lower on Thursday, tracking weak cues from global markets. Uncertainty over a trade deal with the United States, sustained foreign capital outflows and higher oil prices may also weigh on markets as the session progresses.
RTTNews | 2小时33分钟前
Thai Stock Market Likely To Open Under Pressure

Thai Stock Market Likely To Open Under Pressure

The Thai stock market has moved lower in back-to-back sessions, slipping more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,255-point plateau and it may extend its losses on Thursday.
RTTNews | 3小时13分钟前
Lower Open Expected For Indonesia Stock Market

Lower Open Expected For Indonesia Stock Market

The Indonesia stock market has alternated between positive and negative finishes through the last 11 trading days since the end of the two-day winning streak in which it had picked up almost 110 points or 1.3 percent. The Jakarta Composite Index now sits just above the 8,675-point plateau and it's expected to open under water again on Thursday.
RTTNews | 3小时43分钟前
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese market is significantly lower on Thursday, reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 49,100 level, with weakness in index heavyweights and technology stocks as well as a mixed performance in most other sectors.
RTTNews | 3小时44分钟前
Tech Shares May Weigh On Hong Kong Stock Market

Tech Shares May Weigh On Hong Kong Stock Market

The Hong Kong stock market on Wednesday ended the two-day slide in which it had stumbled more than 740 points or 2.8 percent. The Hang Seng Index now sits just beneath the 25,470-point plateau although it may hand those gains back on Thursday.
RTTNews | 3小时58分钟前