CAC 40 Sees Cautious Gains

RTTNews | 961 일 전
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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Steady Start Eyed For China Stock Market

Steady Start Eyed For China Stock Market

The China stock market has moved higher in two straight sessions, collecting almost 15 points or 0.4 percent in that span. The Shanghai Composite Index now sits just above the 3,350-point plateau and it's likely to remain in that neighborhood again on Thursday.
RTTNews | 4 시간 17 분 전
Australian Market Sharply Lower

Australian Market Sharply Lower

The Australian market is trading sharply lower on Thursday, giving up the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 7,800 level, with weakness across most sectors led by iron ore miners and technology stocks. Gold miners were the only bright spot.
RTTNews | 4 시간 23 분 전
Losing Streak May Continue For Singapore Stock Market

Losing Streak May Continue For Singapore Stock Market

The Singapore stock market has tracked lower in three straight sessions, slumping more than 25 points or 0.6 percent along the way. The Straits Times Index now sits just above the 3,950-point plateau and it may take further damage again on Thursday.
RTTNews | 4 시간 47 분 전
Renewed Consolidation Called For Malaysia Shares

Renewed Consolidation Called For Malaysia Shares

The Malaysia stock market bounced higher again on Wednesday, one session after ending the three-day winning streak in which it had picked up more than 30 points or 2 percent. The Kuala Lumpur Composite Index now sits just above the 1,525-point plateau although it figures to head south again on Thursday.
RTTNews | 5 시간 17 분 전
Japan Shares May Be Stuck In Neutral On Thursday

Japan Shares May Be Stuck In Neutral On Thursday

The Japanese stock market has moved higher in back-to-back sessions, collecting almost 110 points or 0.3 percent along the way. The Nikkei 225 now rests just above the 35,725-point plateau although the rally may stall on Thursday.
RTTNews | 5 시간 47 분 전
Exporters Likely To Weigh On South Korea Shares

Exporters Likely To Weigh On South Korea Shares

The South Korea stock market headed south again on Wednesday, one day after ending the three-day losing streak in which it had stumbled more than 160 points or 6.4 percent. The KOSPI now rests just above the 2,500-point plateau and it may take further damage on Thursday.
RTTNews | 6 시간 17 분 전
Australia Trade Data Due On Thursday

Australia Trade Data Due On Thursday

Australia will on Thursday release February figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.
RTTNews | 7 시간 17 분 전