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CAC 40 Extends Gains Ahead Of US Presidential Debate

RTTNews | 122 hari yang lalu

CAC 40 Extends Gains Ahead Of US Presidential Debate

(RTTNews) - French stocks traded higher on Tuesday while the dollar edged lower ahead of the televised U.S. presidential debate later today and inflation readings due later in the week that could influence expectations for the interest rate outlook.

Upcoming ECB and Fed meetings also remained on investors' radar.

Analysts remain divided over whether the Federal Reserve would deliver a regular 25 basis point (bps) rate cut or an outsized 50 bps one at its Sept. 17-18 policy meeting. The benchmark CAC 40 was up 31 points, or 0.4 percent, at 7,456 after rallying 1 percent the previous day.

In corporate news, Capgemini soared 7 percent after Oracle beat on the top and bottom lines for the first quarter and announced it would bring database services to cloud infrastructure market leader Amazon Web Services.

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U.S. Consumer Sentiment Edges Lower In January As Inflation Expectations Surge

U.S. Consumer Sentiment Edges Lower In January As Inflation Expectations Surge

Consumer sentiment in the U.S. has unexpectedly seen a modest deterioration in the month of January, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index edged down to 73.2 in January from 74.0 in December. Economists had expected the index to inch up to 74.5.

RTTNews | 6j 12min yang lalu

U.S. Job Growth Far Exceeds Estimates In December

U.S. Job Growth Far Exceeds Estimates In December

A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by much more than expected in the month of December. The Labor Department said non-farm payroll employment surged by 256,000 jobs in December after jumping by a downwardly revised 212,000 jobs in November. Economists had expected employment to climb by 160,000 jobs.

RTTNews | 6j 54min yang lalu

U.S. Employment Surges Much More Than Expected In December

U.S. Employment Surges Much More Than Expected In December

A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by much more than expected in the month of December.

RTTNews | 8j 2min yang lalu

Higher Commodity Prices Point To Positive Start On Bay Street; Jobs Data In Focus

Higher Commodity Prices Point To Positive Start On Bay Street; Jobs Data In Focus

Higher crude oil prices and steady bullion market point to a positive start for Canadian stocks on Friday. However, the focus is on jobs data from Canada and the U.S., and any disappointment on that front could render the market a bit volatile.

RTTNews | 8j 49min yang lalu

Swiss Franc Slides Against Majors

Swiss Franc Slides Against Majors

The Swiss franc weakened against other major currencies in the European session on Friday.

RTTNews | 11j 9min yang lalu

Sensex, Nifty Extend Losses For Third Day; IT Stocks Climb After TCS Results

Sensex, Nifty Extend Losses For Third Day; IT Stocks Climb After TCS Results

Indian shares ended slightly lower on Friday to extend their losing streak for a third day running due to concerns over a weakening rupee, rising oil prices and continued FII outflows amidst global uncertainties.

RTTNews | 11j 18min yang lalu

FTSE 100 Down Marginally As Market Awaits U.S. Jobs Data

FTSE 100 Down Marginally As Market Awaits U.S. Jobs Data

U.K.'s benchmark stock index FTSE 100 is down marginally Friday morning with stocks moving in a narrow range as investors largely refrain from making significant moves while awaiting the crucial U.S. jobs data due later in the day.

RTTNews | 11j 38min yang lalu

CAC 40 Pares Modest Early Gains, Down Marginally In Cautious Trade

CAC 40 Pares Modest Early Gains, Down Marginally In Cautious Trade

French stocks are turning in a mixed performance Friday morning with investors digesting the data on industrial production and consumer spending, and looking ahead to U.S. jobs data.

RTTNews | 12j 0min yang lalu

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