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CAC 40 Sees Cautious Gains

RTTNews | 876天前

CAC 40 Sees Cautious Gains

(RTTNews) - French stocks were moving higher on Monday amid expectations that moderating inflation will help the Federal Reserve pull off a soft landing for the economy.

Sentiment was also underpinned after China's central bank cut both one-year and seven-day lending rates by 10 basis points in a surprise move to revive demand.

The upside remained capped after data showed China's economy was struggling with COVID-19 restrictions.

China's industrial production and retail sales growth for July came in well below estimates, youth unemployment hit a record high in July, investment into real estate fell at a faster pace in July than June and investment into manufacturing slowed its pace of growth, suggesting that the post-lockdown recovery is losing steam.

The benchmark CAC 40 was up 21 points, or 0.3 percent, at 6,574 after closing 0.1 percent higher on Friday.

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Sensex, Nifty Rebound In Cautious Trade

Sensex, Nifty Rebound In Cautious Trade

Indian shares eked out modest gains on Tuesday after suffering heaving losses in the previous session on worries about the HMPV Virus outbreak in the country.

RTTNews | 6小時16分鐘前

UK Construction Activity Growth At 6-Month Low

UK Construction Activity Growth At 6-Month Low

The UK construction sector growth softened to a six-month low in December as elevated borrowing cost and fragile consumer sentiment weighed on new orders, survey data from S&P Global showed on Tuesday. The construction Purchasing Managers' Index registered 53.3 in December, up from 55.2 in November.

RTTNews | 6小時30分鐘前

FTSE 100 Drifts Lower In Lackluster Trade

FTSE 100 Drifts Lower In Lackluster Trade

U.K. stocks are moving in a narrow range below the flat line Tuesday morning with investors digesting a mixed batch of economic data, and reacting to some corporate news.

RTTNews | 6小時40分鐘前

German Construction Activity Remains Firmly In Recession Zone

German Construction Activity Remains Firmly In Recession Zone

Germany's construction sector remained deep in the recession zone in December as political uncertainties damped orders, survey data from S&P Global showed on Tuesday. The HCOB construction Purchasing Managers' Index dropped to 37.8 in December from 38.0 in November. The score was the lowest since last April and signaled a notable contraction in the sector.

RTTNews | 7小時2分鐘前

CAC Modestly Higher After Inflation Data

CAC Modestly Higher After Inflation Data

French stocks are up in positive territory Tuesday morning, extending gains from previous session, with investors digesting the data on the nation's consumer price inflation, and looking ahead to the euro zone consumer price data.

RTTNews | 7小時3分鐘前

DAX Up Marginally In Cautious Trade Ahead Of Euro Area Inflation Data

DAX Up Marginally In Cautious Trade Ahead Of Euro Area Inflation Data

German stocks are a bit subdued Tuesday morning with investors making cautious moves amid a lack of significant triggers. Data on euro area inflation for the month of December, due later this morning, is expected to provide some direction.

RTTNews | 7小時23分鐘前

European Shares Slip Into Red Ahead Of Key Inflation Reading

European Shares Slip Into Red Ahead Of Key Inflation Reading

European stocks declined on Tuesday after surging sharply in the previous session following reports that the incoming Trump administration may explore softer-than-expected tariffs.

RTTNews | 7小時35分鐘前

Asian Shares Mixed As Trade Tensions Weigh

Asian Shares Mixed As Trade Tensions Weigh

Asian stocks ended mixed on Tuesday as U.S.-China tensions and jitters around the yuan offset growing optimism around chip stocks.

RTTNews | 8小時2分鐘前

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