CAC 40 Gains After Bessent's Appointment As US Treasury Secretary

Pound Rises As Traders Expect BoE Slow Policy-easing Path

The British pound strengthened against other major currencies in the European session on Monday, as traders anticipate that the Bank of England (BoE) would slow down its policy-easing process in the upcoming month, particularly in light of data that was made public last week that indicated the UK inflation accelerated and once again exceeded the 2 percent target.

RTTNews | 5h 51min ago

Sensex, Nifty Rally On Firm Global Cues

Indian shares ended Monday's session sharply higher after BJP-led alliance scored significant victory in the Maharashtra state assembly elections, raising expectations for increased government spending to boost domestic demand.

RTTNews | 6h 20min ago

German Business Confidence Weakens In November

German business sentiment softened in November on a notable deterioration in current conditions as economic struggles deepened, survey results from ifo Institute showed on Monday. The business climate index fell to 85.7 in November from 86.5 in the previous month. The score was expected to fall moderately to 86.0. At 84.3, the current situation index dropped to the lowest since July 2020.

RTTNews | 6h 44min ago

European Shares Gain On Rate Cut Hopes

European stocks traded higher at two-week highs on Monday after Donald Trump nominated Scott Bessent, a billionaire hedge fund manager and an advocate for deficit reduction, to lead the U.S. Treasury Department.

RTTNews | 7h 7min ago

FTSE 100 Slightly Higher In Cautious Trade

U.K. stocks were slightly higher on Monday despite an ongoing row about tax rises by chancellor Rachel Reeves.

RTTNews | 7h 24min ago

DAX Rises Ahead Of Busy Data Week; Commerzbank Shares Slump 6%

German stocks opened higher on Monday ahead of the release of key inflation readings from the U.S. and Eurozone, U.S. GDP data and the minutes from the last FOMC meeting due this week.

RTTNews | 7h 47min ago

Asian Shares Mostly Higher On Bessent Pick For US Treasury

Most Asian stocks rose on Monday, the dollar dipped, and bond yields declined after U.S. President-elect Donald Trump has chosen wealthy hedge fund manager Scott Bessent to be his Treasury secretary.

RTTNews | 8h 11min ago

China Keeps Medium-Term Lending Facility Rate Unchanged

China's central bank left the rate on medium-term lending facility unchanged on Monday after cutting the rate in September. The People's Bank of China maintained the MLF rate at 2.0 percent. The bank offered CNY 900 billion via one-year policy loans. Following the operation, the outstanding balance of the MLF was CNY 6.239 trillion. Previously, the bank had reduced the rate on MLF by 30 basis.

RTTNews | 8h 50min ago

EURUSD	1.04793	GBPUSD	1.25658	AUDUSD	0.65059
USDJPY	154.446	USDCAD	1.39697	USDCHF	0.89007