Advertisement
CAC 40 Retreats On Fed Rate Hike Worries
(RTTNews) - French stocks declined on Thursday after the minutes of last month's Fed meeting, released overnight, quelled hopes of rate-hike cycle ending anytime soon.
The minutes showed that officials are laser-focused on controlling inflation despite mounting economic uncertainties.
The benchmark CAC 40 was down 40 points, or 0.6 percent, at 6,735 after rising 2.3 percent the previous day.
Technip Energies N.V. shares jumped 3.5 percent. The engineering and technology firm said that it has renewed a framework agreement contract for Project Management Consultancy by Kuwait Oil Company (KOC) for another five years.
The first five-year framework agreement was awarded to Technip Energies by KOC in 2014.
read more
European Shares Rise On Tariff Relief Hopes
European stocks were modestly higher on Tuesday ahead of a slew of earnings and key data releases due this week.
RTTNews
|
hace 43 minutos
Asian Shares Mixed With US-China Trade Tensions In Focus
Asian stocks ended mixed in muted trade on Tuesday, with Japanese markets closed for Showa Day holiday.
RTTNews
|
hace 1h 14min
Yen Rises Ahead Of BoJ Monetary Policy Meeting
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as traders await the Bank of Japan (BoJ) monetary policy decision due this week.
RTTNews
|
hace 2h 22min
German Consumer Sentiment Set To Continue Recovery: GfK
German consumer confidence is set to continue its recovery in May as trade tariff hikes by the US administration had a limited impact, a closely watched survey showed Tuesday. The forward-looking consumer sentiment index improved unexpectedly to -20.6 in May from revised -24.3 in the previous month.
RTTNews
|
hace 2h 22min
Commodity Currencies Rise Amid Risk-on Mood
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Tuesday, as traders remain optimistic and keep a close eye on developments on the tariff front, with U.S. Treasury Secretary Scott Bessent reportedly said he believes an agreement in principle can reached on "17 or 18 important trade deals" the administration is currently negotiating.
RTTNews
|
hace 3h 3min
European Economic News Preview: Eurozone Economic Sentiment Due
Economic sentiment and monetary aggregates from the euro area and consumer sentiment from Germany are the top economic news due on Tuesday. At 2.00 am ET, the market research group GfK publishes German consumer sentiment survey results. The confidence index is forecast to fall to -25.6 in May from -24.5 in April.
RTTNews
|
hace 4h 1min
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Tuesday.
RTTNews
|
hace 4h 6min
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.
The NZ dollar rose to a 4-day high of 0.5987 against the U.S. dollar, from yesterday's closing value of 0.5971.
RTTNews
|
hace 4h 11min
