CAC 40 Holds Steady Ahead Of US Inflation Data
(RTTNews) - French stocks were flat to slightly higher on Tuesday amid expectations for a pause in U.S. rate hikes.
Investors eagerly await the U.S. consumer price inflation report later in the day for further clarity on the rate outlook.
The benchmark CAC 40 was up 0.1 percent at 7,021 after declining 2.9 percent in the previous session.
Casino Guichard Perrachon SA rose over 1 percent. The mass-market retail group said that it is selling part of its stake in Assaí for 174 million shares to boost its deleveraging.
Media conglomerate Vivendi edged down slightly after saying it has entered into exclusive negotiations to sell 100 percent of its publishing house Editis to a subsidiary of Czech Media Invest (CMI) founded by Daniel Kretinsky.
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Bay Street Likely To Open On Positive Note
Canadian shares are likely to open higher Wednesday morning, tracking positive global cues, and encouraging earnings from National Bank of Canada.
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il y a 5h 35min
German Consumer Confidence To Continue Negative Trend
Consumer sentiment in Germany is set to continue its negative trend as higher prices, economic and political uncertainty weigh on households' income expectations and their willingness to buy, a closely watched survey showed on Wednesday. The forward-looking consumer sentiment index unexpectedly fell to -24.7 in March from -22.6 in February, a survey jointly published GfK and NIM revealed.
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il y a 6h 9min
Thailand Cuts Key Interest Rate By 25 Bps
The Thai central bank reduced its key interest rate on Wednesday to address the increasing downside risks to the economy amid persistently low inflation. The Monetary Policy Committee of Bank of Thailand voted 6-1 to cut the policy rate by 25 basis points to 2.00 percent from 2.25 percent. One rate-setter preferred to keep the rate unchanged.
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il y a 6h 50min
Hong Kong Budget Focuses On Spending Cuts, Promoting AI
Hong Kong Financial Secretary Paul Chan unveiled the budget on Wednesday that largely focused on government spending cuts with minimal impact on people's livelihood and underscored the importance of artificial intelligence to enhance competitive edge. The government estimated a consolidated deficit of HK$87.2 billion for 2024-25, which was smaller than the HK$100 billion previous projection.
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il y a 7h 18min
FTSE 100 Advances; Convatec Rises On Strong Earnings
U.K. stocks are notably higher Wednesday morning, lifted by gains in mining and banking sectors. Slightly easing concerns over U.S. - Ukraine tensions after the two countries agreed on a minerals deal aid sentiment.
While mining stocks are up on firm copper prices, bank stocks are gaining thanks to some rating upgrades.
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il y a 8h 17min
CAC 40 Up Nearly 1%
French stocks are up in positive territory Wednesday morning with markets reacting positively news about U.S. and Ukraine agreeing on a minerals deal, which could help ease ongoing tensions between the two countries. Investors are also digesting some earnings updates.
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il y a 9h 13min
DAX Rises 1.2% As Investors React To Quarterly Earnings
Despite concerns about the impact of U.S. President Donald Trump's trade policies, German stocks are up firmly in positive territory Wednesday morning with investors reacting to quarterly earnings updates and news about Ukraine accepting an agreement on mineral rights with the U.S.
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il y a 9h 36min
European Shares Climb As US, Ukraine Agree To Minerals Deal
European shares held near record highs on Wednesday after the United States and Ukraine have agreed on the terms of a draft minerals deal amid ongoing talks to end the Ukraine-Russia war.
RTTNews
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il y a 9h 41min
