CAC 40 Extends Gains On Boost From Upbeat US Consumer Confidence Data

RTTNews | 775 days ago
CAC 40 Extends Gains On Boost From Upbeat US Consumer Confidence Data

(RTTNews) - French stocks advanced on Thursday after a measure of U.S. consumer confidence bounced back in December and Beijing used a series of meetings to underline the country's pivot towards a focus on growth.

The benchmark CAC 40 rose 24 points, or 0.4 percent, to 6,603 after rising 2 percent the previous day.

Satellite operator Eutelsat Communications gained 1 percent. The company said that it would implement as soon as possible all restrictive measures on broadcasting activities adopted by the competent French and European Union regulatory bodies in line with its commitments.

Automobile major Renault SA was down 0.8 percent. The company has placed a 210 billion yen or about 1.4 billion euros new Samurai retail bond that will mature in December 2026 and carry a coupon of 2.80 percent.

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CAC 40 Recovers After Mild Setback

CAC 40 Recovers After Mild Setback

After a marginal upmove and a subsequent drop into the red, French stocks have edged higher Tuesday morning with investors largely making cautious moves, assessing the potential implications of tariffs imposed and proposed to be imposed by the U.S. on countries such as Canada, Mexico and China, as well the EU and the U.K.
RTTNews | 5h 23min ago
DAX Flat After Somewhat Wild Swings; Infineon Soars On Guidance

DAX Flat After Somewhat Wild Swings; Infineon Soars On Guidance

German stocks are a bit volatile Tuesday morning with investors focusing on earnings and awaiting fresh economic data this week for directional clues. The mood is a bit cautious as trade war concerns linger despite U.S. President Donald Trump striking deals with Canada and Mexico to delay 25% import taxes for a month.
RTTNews | 5h 54min ago
Spain Unemployment Rises Less Than Forecast

Spain Unemployment Rises Less Than Forecast

Spain's unemployment increased less than expected in January and also hit the lowest level for the month in 17 years as the economy continued to exhibit robust growth, official data showed on Tuesday. The number of people out of work increased 38,725 in January from the previous month, the labor ministry said.
RTTNews | 6h 36min ago
European Shares Slide As Trade War Fears Mount

European Shares Slide As Trade War Fears Mount

European shares declined on Tuesday as new U.S. tariffs of 10 percent on Chinese imports took effect and China announced retaliatory tariffs and export controls, raising fears of a trade war between the world's two largest economies.
RTTNews | 7h 0min ago
Commodity Currencies Advance After Trump's Tariff Delay

Commodity Currencies Advance After Trump's Tariff Delay

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Tuesday, as traders reacted positively to U.S. President Donald Trump's latest decision to delay imposing the planned tariffs on Mexico and Canada after successful negotiations with the respective leaders. The tariffs could have renewed inflation fears, leading the U.S. Fed to keep interest rates on hold for longer.
RTTNews | 9h 6min ago