CAC 40 Gains As Aggressive Fed Bets Ease

RTTNews | 878 दिनों पहले
CAC 40 Gains As Aggressive Fed Bets Ease

(RTTNews) - French stocks rose on Friday as signs of cooling consumer and producer price inflation in the United States prompted traders to pare bets of aggressive policy tightening by the Federal Reserve.

Meanwhile, France's unemployment rate increased unexpectedly in the June quarter, though slightly, data from the statistical office INSEE showed.

The ILO jobless rate stood at 7.4 percent in the second quarter versus 7.3 percent in the March quarter. Economists had forecast the rate to remain stable at 7.3 percent.

The benchmark CAC 40 rose 28 points, or 0.4 percent, to 6,573 after rising 0.3 percent on Thursday.

Sanofi gained about 1 percent following two days of losses on growing worries about U.S. litigation focused on a heartburn drug that contained a probable carcinogen.

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Malaysia Bourse Tipped To Open To The Upside

Malaysia Bourse Tipped To Open To The Upside

The Malaysia stock market has finished lower in three straight sessions, sinking more than 15 points or 0.9 percent in that span. The Kuala Lumpur Composite Index now rests just above the 1,625-point plateau although it may stop the bleeding on Tuesday.
RTTNews | 5घंटे 13 मिनट पहले
Japan Stock Market Poised To End Its Slide

Japan Stock Market Poised To End Its Slide

The Japanese stock market has moved lower in back-to-back sessions, plunging more than 970 points or 2.5 percent along the way. The Nikkei 225 now rests just above the 39,300-point plateau although it's due for support on Tuesday.
RTTNews | 5घंटे 28 मिनट पहले
KOSPI May Crack Resistance At 2,500 Points

KOSPI May Crack Resistance At 2,500 Points

The South Korea stock market has moved higher two straight sessions, accelerating almost 90 points or 3.6 percent along the way. The KOSPI now sits just beneath the 2,490-point plateau and it may add to its winnings again on Tuesday.
RTTNews | 5घंटे 43 मिनट पहले
Australia Building Approval Data Due On Tuesday

Australia Building Approval Data Due On Tuesday

Australia will on Tuesday release November numbers for building approvals, highlighting a light day for Asia-Pacific economic activity. Approvals are expected to slip 0.9 percent on month after climbing 4.2 percent in October.
RTTNews | 6घंटे 13 मिनट पहले
Swiss Franc Weakens Against Majors

Swiss Franc Weakens Against Majors

The Swiss franc declined against its major counterparts in the New York session on Monday, as gains in tech stocks lifted Wall Street.
RTTNews | 10घंटे 12 मिनट पहले
Swiss Market Closes Moderately Higher

Swiss Market Closes Moderately Higher

Despite a couple of weak spells during the day's trading session, the Switzerland market closed moderately higher on Monday, in line with markets across Europe after data showed an improvement in services sector activity in the region. Optimism about a recovery of the Chinese economy following recent stimulus measures helped as well.
RTTNews | 10घंटे 20 मिनट पहले
European Markets Close On Firm Note

European Markets Close On Firm Note

European stocks closed higher on Monday with investors reacting positively to slightly encouraging services sector data from the region, and stronger-than-expected services sector growth in China. The upside was also due to expectations of more stimulus from the Chinese government, and easing concerns about tariff hikes amid reports U.S. President-elect Donald Trump's tariff plan will not be any
RTTNews | 10घंटे 42 मिनट पहले
U.S. Factory Orders Pull Back Slightly More Than Expected In November

U.S. Factory Orders Pull Back Slightly More Than Expected In November

A report released by the Commerce Department on Monday showed new orders for U.S. manufactured goods decreased by slightly more than expected in the month of November. The Commerce Department said factory orders fell by 0.4 percent in November after climbing by an upwardly revised 0.5 percent in October. Economists had expected factory orders to dip by 0.3 percent.
RTTNews | 12घंटे 41 मिनट पहले