CAC 40 Slides On Inflation Worries
(RTTNews) - French stocks drifted lower on Wednesday amid inflation worries after data showed British consumer price inflation jumped to 10.1 percent in July, its highest since February 1982, intensifying the squeeze on households.
Investors await the release of minutes of the U.S. Federal Reserve's July meeting, the Euro zone's Q2 GDP and unemployment figures for the single currency block data later in the day for additional clues on the economic and interest-rate outlook.
The benchmark CAC 40 dropped 16 points, or 0.2 percent, to 6,576 after rising 0.3 percent in the previous session.
Banks BNP Paribas, Credit Agricole and Societe Generale were seeing modest gains while automaker Renault fell about 1 percent.
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China Inflation Unchanged In December
Consumer prices in China were flat on month in December, the National Bureau of Statistics said on Thursday
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vor 5Std 4 Minuten
Indonesia Bourse Likely To Remain Rangebound On Thursday
The Indonesia stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had advanced almost 130 points or 1.8 percent. The Jakarta Composite Index now sits just above the 7,080-point plateau and it's expected to stay in that neighborhood again on Thursday.
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vor 5Std 10 Minuten
Bargain Hunting May Boost Hong Kong Shares
The Hong Kong stock market has finished lower in three straight sessions, retreating more than 480 points or 2.6 percent along the way. The Hang Seng Index now sits just beneath the 19,280-point plateau although it's due for support on Thursday.
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vor 5Std 25 Minuten
China Stock Market May Be Stuck In Neutral On Thursday
The China stock market has moved higher in back-to-back sessions, collecting almost 25 points or 0.8 percent along the way. The Shanghai Composite Index now sits just above the 3,230-point plateau although it may spin its wheels on Thursday.
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vor 5Std 40 Minuten
Australian Market Notably Lower
The Australian market is trading notably lower on Thursday, snapping a five-session winning session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to staly a tad above the 8,300 level, with weakness across most sectors led by technology and iron ore miners. Gold miners were the only bright spot.
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vor 5Std 44 Minuten
Australia Retail Sales Climb 0.8% In November
The value of retail sales in Australia was up a seasonally adjusted 0.8 percent on month in November, the Australian Bureau of Statistics said on Thursday - coming in at A$37.052 billion.
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vor 5Std 52 Minuten
Australia November Trade Surplus A$7.079 Billion
Australia posted a seasonally adjusted merchandise trade surplus of A$7.079 billion November, the Australian Bureau of Statistics said on Thursday.
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vor 5Std 59 Minuten
Taiwan Bourse May Extend Wednesday's Losses
The Taiwan stock market on Wednesday snapped the three-day winning streak in which it had spiked more than 800 points or 3.4 percent. The Taiwan Stock Exchange now sits just above the 23,400-point plateau and it may take further damage on Thursday.
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vor 6Std 10 Minuten
