CAC 40 Subdued As Investors Look To ECB

RTTNews | 652天前
CAC 40 Subdued As Investors Look To ECB

(RTTNews) - French stocks traded slightly lower on Tuesday as investors awaited a slew of U.S. data along with the ECB policy meeting this week for directional cues.

U.S. inflation data due on Wednesday could shed light on the Federal Reserve's interest rate path.

The European Central Bank is expected to hike all three policy rates by 25 basis points on Thursday, citing a weaker growth outlook and no clear evidence of a peak in core inflation. Few economists, however, predict it will be a close call.

The benchmark CAC 40 was down 8 points, or 0.1 percent, at 7,271 after adding half a percent on Monday.

Vallourec S.A. shares fell about 1 percent. The manufacturing company focused on geothermal industry reaffirmed its EBITDA outlook for full year 2023.

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Soft Start Seen For Indonesia Stock Market

Soft Start Seen For Indonesia Stock Market

The Indonesia stock market headed south again on Wednesday, one day after ending the four-day losing streak in which it had dropped more than 370 points or 5 percent. The Jakarta Composite Index now sits just above the 6,830-point plateau and it may extend its losses on Thursday.
RTTNews | 34分钟前
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese market is trading significantly higher on Thursday, extending the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving up to near the 39,300 level, with gains in index heavyweights and technology stocks partially offset by weakness in automakers.
RTTNews | 43分钟前
Hang Seng Index Due For Profit Taking

Hang Seng Index Due For Profit Taking

The Hong Kong stock market has finished higher in four straight sessions, climbing more than 1,230 points or 5.1 percent along the way. The Hang Seng Index now sits just above the 24,470-point plateau although investors figure to lock in gains on Thursday.
RTTNews | 49分钟前
Rally May Stall For China Stock Market

Rally May Stall For China Stock Market

The China stock market has tracked higher in three straight sessions, collecting more than 95 points or 2.8 percent along the way. The Shanghai Composite Index now sits just above the 3,455-point plateau although it's due for consolidation on Thursday.
RTTNews | 1小时4分钟前
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is trading slightly lower on Thursday, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,600 level, with a mixed performance across most sectors.
RTTNews | 1小时11分钟前
Lower Open Expected For Taiwan Stock Market

Lower Open Expected For Taiwan Stock Market

The Taiwan stock market has moved higher in two straight sessions, advancing almost 700 points or 3.2 percent along the way. The Taiwan Stock Exchange now sits just above the 22,430-point plateau although it's looking at a soft start on Thursday.
RTTNews | 1小时34分钟前
Singapore Bourse Called Rangebound Again On Thursday

Singapore Bourse Called Rangebound Again On Thursday

The Singapore stock market has climbed higher in two straight sessions, rising more than 45 points or 1.2 percent along the way. The Straits Times Index now sits just above the 3,925-point plateau, and it's expected to remain in that neighborhood again on Thursday.
RTTNews | 2小时4分钟前
Little Movement Expected For Malaysia Stock Market

Little Movement Expected For Malaysia Stock Market

The Malaysia stock market bounced higher again on Wednesday, one day after snapping the two-day winning streak in which it had picked up almost a dozen points or 0.7 percent. The Kuala Lumpur Composite Index now sits just shy of the 1,520-point plateau and it figures to remain rangebound again on Thursday.
RTTNews | 2小时34分钟前