CAC 40 Modestly Higher On Renewed US Economic Optimism

RTTNews | 131 days ago
CAC 40 Modestly Higher On Renewed US Economic Optimism

(RTTNews) - French stocks were seeing modest gains on Friday, after having rallied sharply the previous day on hopes of a soft landing for the world's largest economy.

The benchmark CAC 40 was up 15 points, or 0.2 percent, at 7,438 after climbing 1.2 percent on Thursday.

Banks BNP Paribas, Credit Agricole and Societe Generale were up between half a percent and 0.8 percent while automaker Renault surged 1.3 percent.

The dollar was slightly lower against the euro and pound after the release of upbeat consumer spending and labor market data released overnight.

Traders' attention now shifts to the annual Jackson Hole Economic Symposium, which traditionally brings together the heads of the world's leading central banks. This year's event will be held on August 22-24.

read more
Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 14h 25min ago
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 15h 0min ago
Canadian Dollar Rises As Crude Oil Prices Traded Higher

Canadian Dollar Rises As Crude Oil Prices Traded Higher

The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday, as the crude oil prices moved higher on expectations the Chinese government will announce additional stimulus revive growth in the world's second largest economy.
RTTNews | 15h 25min ago
Canadian Dollar Rises Against Majors

Canadian Dollar Rises Against Majors

The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday. The Canadian dollar rose to more than a 4-1/2-month high of 0.8943 against the Australian dollar, from yesterday's closing value of 0.8955.
RTTNews | 17h 59min ago
Japan Leading Index Data Due On Wednesday

Japan Leading Index Data Due On Wednesday

Japan will on Wednesday see October results for its leading and coincident indexes, highlighting a light day for Asia-Pacific economic activity.
RTTNews | 1 day ago
TSX Ends Shortened Session On Firm Note

TSX Ends Shortened Session On Firm Note

The Canadian market ended the shortened trading session on Tuesday modestly higher thanks to gains in energy and technology sectors. The volume of business remained rather thin as investors refrained from making significant moves ahead of Christmas and Boxing Day holidays.
RTTNews | 1 day ago