CAC 40 Rises In Cautious Trade
(RTTNews) - French stocks advanced on Wednesday, with healthcare and consumer discretionary firms rising heading into the year-end holiday period.
Underlying sentiment remained supported somewhat after a survey showed German consumer sentiment is set to extend its recovery heading into the new year as a result of government measures to curb rising energy costs.
The forward-looking consumer sentiment index rose to -37.8 in January from -40.1 in December while economists had forecast a score of 38.0.
The benchmark CAC 40 jumped 38 points, or 0.6 percent, to 6,488 after closing 0.4 percent lower the previous day.
Asian markets ended on a mixed note, while trading in U.S. stock futures pointed to a positive open later in the day.
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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.
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5h 48min ago
Canadian Dollar Advances Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Tuesday.
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6h 19min ago
European Shares Seen Opening Up After Trump's Tariff Delay
European stocks may open on a firm note Tuesday after U.S. President Donald Trump struck deals to delay 25 percent import taxes on Canada and Mexico for 30 days, helping avert a trade war for now.
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7h 15min ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.
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7h 21min ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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7h 28min ago
Sensex, Nifty Open Higher As Tariff Worries Ease
Indian shares were sharply higher in early trade on Tuesday and the rupee opened higher after U.S. President Donald Trump delayed tariffs on Mexico and Canada for a month, and said he'd hold further talks with China.
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8h 12min ago
Asian Markets A Sea Of Green
Asian stock markets a sea of green on Tuesday, despite the negative cues from Wall Street overnight, as traders react positively to US President Donald Trump's latest decision to delay imposing planned tariffs on Mexico and Canada after successful negotiations with the respective leaders. The tariffs could have renewed inflation fears, leading the US Fed to keep interest rates on hold for longer.
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9h 30min ago
Australian Market Trims Early Gains In Mid-market
The Australian market is trimming its gains in mid-market trading on Tuesday, reversing the losses in the previous session, despite the negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is above the 8,400 level, with gains across most sectors led by mining and technology stocks, after US President Donald Trump delayed the imposition of tariffs on major U.S. trading partners.
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10h 9min ago
