CAC 40 Rebounds Ahead Of ECB Rate Decision

RTTNews | 714日前
CAC 40 Rebounds Ahead Of ECB Rate Decision

(RTTNews) - French stocks were sharply higher on Thursday amid expectations that banking chaos might prompt the U.S. Federal Reserve to slow the pace of its rate hikes.

Meanwhile, the European Central Bank (ECB) meets later today, and it is likely that the central bank will not follow through with its pre-commitment of a 50-basis-point hike because of concerns about the health of Europe's banks.

The benchmark CAC 40 was up 88 points, or 1.3 percent, at 6,979 after plummeting 3.6 percent on Wednesday.

Banks BNP Paribas, Credit Agricole and Societe Generale all rose over 2 percent after Swiss lender Credit Suisse said it would borrow up to $54 billion from the Swiss central bank in what it called "decisive action" to calm investors and boost liquidity.

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Sensex, Nifty Lack Direction; Financials Surge

Sensex, Nifty Lack Direction; Financials Surge

Indian shares struggled for direction in early trade on Thursday due to prevailing uncertainty over U.S. President Donald Trump's trade policies and ongoing FII selling.
RTTNews | 5時48分前
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Thursday, following the mixed cues from Wall Street overnight, as concerns over a global trade war reignited after US President Donald Trump's latest tariff announcements. He newly indicated plans for 25 percent "reciprocal" tariffs on European autos and other goods. Asian Markets closed mixed on Wednesday.
RTTNews | 7時2分前
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian market in trimming its early gains in mid-market moves on Thursday, recouping some of the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,300 level, with gains in mining and energy stocks partially offset by weakness in technology stocks.
RTTNews | 7時41分前
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese market is trading modestly higher on Thursday, recouping some of the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 38,200 level, with gains across most sectors led by index heavyweights and financial stocks.
RTTNews | 8時46分前
Little Movement Seen For Indonesia Stock Market

Little Movement Seen For Indonesia Stock Market

The Indonesia stock market on Wednesday snapped the two-day losing streak in which it had stumbled more than 215 points or 3.2 percent. The Jakarta Composite Index now sits just above the 6,600-point plateau and it's expected to remain in that neighborhood again on Thursday.
RTTNews | 8時58分前
Australian Market Notably Higher

Australian Market Notably Higher

The Australian market is trading notably higher on Thursday, recouping some of the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,300 level, with gains across most sectors led by mining stocks.
RTTNews | 9時7分前
Steady Start Eyed For Hong Kong Stock Market

Steady Start Eyed For Hong Kong Stock Market

The Hong Kong stock market on Wednesday snaped the two-day losing streak in which it had tumbled almost 450 points or 2 percent. The Hang Seng Index now sits just beneath the 23,790-point plateau and it's tipped to open modestly to the upside again on Thursday.
RTTNews | 9時13分前