CAC 40 Struggles For Direction Before China Stimulus Briefing
(RTTNews) - French stocks struggled for direction in early trade on Friday as investors waited to see whether Beijing will deliver more fiscal stimulus at a press conference by the finance ministry on Saturday.
The benchmark CAC 40 was marginally higher at 7,545 after closing 0.2 percent lower the previous day.
China-linked luxury stocks such as Kering, Hermes International and LVMH were moving lower ahead of China's policy briefing.
The dollar drifted lower as fresh signs of U.S. labour market weakness spurred hopes for more rate cuts.
The British pound was muted after new data showed the U.K. economy expanded by 0.2 percent in August, following two months of stagnation in June and July.
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Philly Fed Index Skyrockets Into Positive Territory In January
The Federal Reserve Bank of Philadelphia released a report on Thursday showing a substantial turnaround by regional manufacturing activity in the month of January.
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hace 5h 10min
U.S. Import Prices Inch Up In Line With Estimates In December
Following yesterday's more closely watched report on consumer price inflation, the Labor Department released a report on Thursday showing import prices in the U.S. crept up in line with estimates in the month of December.
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hace 5h 13min
U.S. Retail Sales Rise Less Than Expected In December
The Commerce Department released a report on Thursday showing retail sales in the U.S. increased by less than expected in the month of December.
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hace 5h 15min
U.S. Weekly Jobless Claims Rebound To 217,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rebounded by more than expected in the week ended January 11th.
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hace 5h 18min
UK Modest GDP Growth Disappoints
The UK economy grew only marginally in November underpinned by the services sector, after two consecutive contractions, official data showed, which has strengthened the scope for more monetary policy easing from the Bank of England as inflation also softened unexpectedly at the end of 2024. Gross domestic product edged up 0.1 percent on a monthly basis in November.
RTTNews
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hace 5h 47min
Bay Street Likely To Open Higher
Canadian shares may open on a positive note on Thursday, tracking higher bullion prices and firm European stocks. The market is likely to edge higher also on hopes of some monetary easing by the Federal Reserve this year.
RTTNews
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hace 5h 48min
FTSE 100 Climbs Higher On GDP Data, Gains In Mining Sector
U.K. stocks are modestly higher Thursday morning, supported by data showing an expansion in the nation's GDP growth in the month of November, and gains in the mining sector following a rise in metal prices.
RTTNews
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hace 8h 4min
Sensex, Nifty Extend Gains For Third Day; Financials And Adani Group Stocks Outperform
Indian shares eked out modest gains on Thursday, with Adani Group stocks rallying following Hindenburg Research founder Nate Anderson's announcement to wind down his short-seller firm.
RTTNews
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hace 8h 24min
