CAC 40 Extends Gains Ahead Of US Presidential Debate

RTTNews | 122 days ago
Stocktwits
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.

Stocktwits
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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 | 8h 37min ago
DAX Roughly Flat In Cautious Trade

DAX Roughly Flat In Cautious Trade

German stocks are up marginally in cautious trade Friday morning as investors await U.S. non-farm payroll for some clarity about the outlook on Federal Reserve's possible moves with regard to interest rates. The mood is quite subdued amid a lack of fresh economic and corporate news, and due to the yields on Germany's long-term 10-year bond hitting muti-month highs.
RTTNews | 9h 25min ago
European Shares Mixed Ahead Of US Jobs Data

European Shares Mixed Ahead Of US Jobs Data

European stocks struggled for direction on Friday as bond yields remained elevated ahead of the all-important U.S. jobs report due later in the day.
RTTNews | 9h 31min ago
Asian Shares Retreat On China Concerns

Asian Shares Retreat On China Concerns

Asian stocks retreated on Friday as the U.S. jobs report loomed, China growth worries persisted, and traders remained on alert for a rising risk of Japanese authorities intervening to support the yen.
RTTNews | 9h 59min ago
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