CAC 40 Edges Lower In Lackluster Trade
(RTTNews) - French stocks were slightly lower on Tuesday, with fears about the sustainability of the country's finances back in the spotlight.
Media reports suggest that the executive is mulling a range of plans to reduce the public deficit, including a temporary tax on companies making more than €1 billion per year.
Earlier today, France's manufacturing PMI posted a slight rise in September but still pointed to a downturn in the industrial sector at the end of Q3.
The benchmark CAC 40 was down 0.1 percent at 7,627 after losing 2 percent the previous day.
Eurozone inflation figures along with the U.S. ISM manufacturing PMI and JOLTS job openings data may garner investor attention as the day progresses.
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South Korea Trade Data Due On Wednesday
South Korea will on Wednesday release December numbers for unemployment, imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.
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5h 5min ago
Dollar Drifts Lower Against Major Counterparts
The U.S. dollar shed ground against its major counterparts on Tuesday after data showed a smaller than expected increase in U.S. producer prices in the month of December.
The data helped ease recent concerns about the outlook for inflation and interest rates.
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5h 20min ago
Indonesia Stock Market May Stop The Bleeding On Wednesday
The Indonesia stock market has finished lower in back-to-back sessions, surrendering more than 130 points or 1.8 percent along the way. The Jakarta Composite Index now sits just above the 6,950-point plateau although it's tipped to open to the upside on Wednesday.
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6h 8min ago
Japan Stock Market May Halt Its Slide On Wednesday
The Japanese stock market has finished lower in four straight sessions, stumbling more than 1,600 points or 4.2 percent along the way. The Nikkei 225 now rests just beneath the 38,475-point plateau although it may stop the bleeding on Wednesday.
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6h 9min ago
Canadian Stocks Mixed In Lackluster Trade
Canadian stocks are turning in a mixed performance in cautious trade with investors digesting U.S. producer price inflation data and looking ahead to the consumer price inflation report.
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7h 30min ago
Swiss Market Fails To Retain Gains, Ends Flat
The Switzerland market ended flat on Tuesday after spending much of the day's trading session in positive territory. Stocks gained on bargain hunting, but pared gains as the mood turned a bit cautious as the day progressed, with investors awaiting more data to assess the likely move of the Federal Reserve.
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8h 35min ago
Euro Rallies Against Majors
The euro firmed against its major counterparts in the New York session on Tuesday.
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8h 47min ago
European Stocks Pare Early Gains, Close On Mixed Note
European stocks gave up early gains and ended on a mixed note on Tuesday, as investors assessed the likely move of the Federal Reserve in the wake of recent economic reports, including the one on producer price inflation, released today.
Markets looked ahead to the more crucial U.S. consumer price inflation reading due on Wednesday.
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8h 57min ago
