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CAC 40 Gains As Bond Yields Slide
(RTTNews) - French stocks rose sharply on Tuesday and bond yields declined as markets held out hopes that the U.S. Federal Reserve will soften its hawkish stance after delivering a widely expected 75-bps rate hike on Wednesday.
Yields in the 10-year Bund were close to levels seen right before last week's European Central Bank gathering while the 10-year U.S. Treasury yields dropped 8 basis points (bps) to 3.99 percent.
The benchmark CAC 40 jumped 111 points, or 1.8 percent, to 6,378 after closing 0.1 percent lower on Monday.
TotalEnergies shares rose nearly 3 percent, tracking higher oil prices after OPEC raised its forecasts for world oil demand in the medium- and longer-term in an annual outlook released on Monday.
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Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Wednesday, following the mixed cues from Wall Street overnight, as traders remain cautious as uncertainty prevails over the size and the scope of new reciprocal tariffs on imports to the US to be announced later in the day. Some traders also continue to pick up stocks at a bargain after heavy selling in the previous sessions.
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hace 4h 41min
Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market trading on Wednesday, but extends the gains in the previous session, with the benchmark S&P/ASX 200 staying well above the 7,900 level, following the mixed cues from Wall Street overnight, with gains in financial and some technology stocks partially offset by weakness in mining and energy stocks.
RTTNews
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hace 5h 29min
Sensex, Nifty Likely To Open On Cautious Note Before US Tariff Announcements
Indian shares look set to open on a cautious note Wednesday as uncertainty prevails over the size and the scope of new U.S. tariffs to be announced later in the day.
RTTNews
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hace 5h 38min
Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Wednesday after opening in the green, reversing the slight gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to near the 35,500 level, with weakness in exporters, automakers and financial stocks partially offset by gains in technology stocks.
RTTNews
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hace 6h 57min
Australian Market Modestly Higher
Australian shares are trading modestly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving well above the 7,900 level, following the mixed cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews
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hace 7h 15min
Australia Building Approval Data Due On Wednesday
Australia will on Wednesday release February figures for building approvals, highlighting a modest day for Asia-Pacific economic activity. Approvals are expected to slip 1.4 percent on month and climbing 6.3 percent in January.
RTTNews
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hace 10h 14min
U.S. Dollar Drops Ahead Of Trump's Tariffs
The U.S. dollar fell against its major counterparts in the New York session on Tuesday after weak economic data, while investors awaited more details on U.S. President Donald Trump's reciprocal tariff announcements set to be announced on Wednesday.
RTTNews
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hace 14h 0min
Canadian Market Modestly Higher In Cautious Trade
The Canadian market is up in positive territory in cautious trade on Tuesday, with investors making some selective purchases ahead of the launch of fresh tariffs by the Trump Administration.
RTTNews
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hace 15h 9min
