CAC 40 Extends Gains Ahead Of US Presidential Debate

RTTNews | hace 204
CAC 40 Extends Gains Ahead Of US Presidential Debate

(RTTNews) - French stocks traded higher on Tuesday while the dollar edged lower ahead of the televised U.S. presidential debate later today and inflation readings due later in the week that could influence expectations for the interest rate outlook.

Upcoming ECB and Fed meetings also remained on investors' radar.

Analysts remain divided over whether the Federal Reserve would deliver a regular 25 basis point (bps) rate cut or an outsized 50 bps one at its Sept. 17-18 policy meeting. The benchmark CAC 40 was up 31 points, or 0.4 percent, at 7,456 after rallying 1 percent the previous day.

In corporate news, Capgemini soared 7 percent after Oracle beat on the top and bottom lines for the first quarter and announced it would bring database services to cloud infrastructure market leader Amazon Web Services.

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Japanese Market Sharply Lower; Down 3.4%

Japanese Market Sharply Lower; Down 3.4%

The Japanese market is trading sharply lower on Thursday, reversing the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is plunging more than 3 percent to below the 34,600 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.
RTTNews | hace 4h 5min
Soft Start Expected For Hong Kong Stock Market

Soft Start Expected For Hong Kong Stock Market

The Hong Kong stock market turned lower again on Wednesday, one day after ending the two-day slide in which it had dropped more than 450 points or 2 percent. The Hang Seng Index now sits just above the 23,200-point plateau and it may extend its losses on Thursday.
RTTNews | hace 4h 16min
Steady Start Eyed For China Stock Market

Steady Start Eyed For China Stock Market

The China stock market has moved higher in two straight sessions, collecting almost 15 points or 0.4 percent in that span. The Shanghai Composite Index now sits just above the 3,350-point plateau and it's likely to remain in that neighborhood again on Thursday.
RTTNews | hace 4h 31min
Australian Market Sharply Lower

Australian Market Sharply Lower

The Australian market is trading sharply lower on Thursday, giving up the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 7,800 level, with weakness across most sectors led by iron ore miners and technology stocks. Gold miners were the only bright spot.
RTTNews | hace 4h 37min
Losing Streak May Continue For Singapore Stock Market

Losing Streak May Continue For Singapore Stock Market

The Singapore stock market has tracked lower in three straight sessions, slumping more than 25 points or 0.6 percent along the way. The Straits Times Index now sits just above the 3,950-point plateau and it may take further damage again on Thursday.
RTTNews | hace 5h 1min
Renewed Consolidation Called For Malaysia Shares

Renewed Consolidation Called For Malaysia Shares

The Malaysia stock market bounced higher again on Wednesday, one session after ending the three-day winning streak in which it had picked up more than 30 points or 2 percent. The Kuala Lumpur Composite Index now sits just above the 1,525-point plateau although it figures to head south again on Thursday.
RTTNews | hace 5h 31min
Japan Shares May Be Stuck In Neutral On Thursday

Japan Shares May Be Stuck In Neutral On Thursday

The Japanese stock market has moved higher in back-to-back sessions, collecting almost 110 points or 0.3 percent along the way. The Nikkei 225 now rests just above the 35,725-point plateau although the rally may stall on Thursday.
RTTNews | hace 6h 1min
Exporters Likely To Weigh On South Korea Shares

Exporters Likely To Weigh On South Korea Shares

The South Korea stock market headed south again on Wednesday, one day after ending the three-day losing streak in which it had stumbled more than 160 points or 6.4 percent. The KOSPI now rests just above the 2,500-point plateau and it may take further damage on Thursday.
RTTNews | hace 6h 31min