CAC 40 Slightly Higher Ahead Of BoE, Fed Decisions
(RTTNews) - French stocks were slightly higher on Thursday ahead of interest-rate decisions from the Bank of England and the U.S. Federal Reserve later in the day, with both the central banks expected to cut rates by 25 basis points.
Investors will pay close attention to Fed Chair Jerome Powell's comments on the policy outlook after Trump's victory.
The benchmark CAC 40 was up 0.2 percent at 7,383 after declining half a percent the previous day.
Air France-KLM plunged more than 10 percent after the airline reported a bigger-than-expected decline in its quarterly operating result and warned of higher annual costs.
Utility ENGIE was little changed after reporting a 11 percent fall in its nine-month earnings.
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Canadian Dollar Drops Against Majors
The Canadian dollar weakened against other major currencies in the Asian session on Tuesday.
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5h 5min ago
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Tuesday.
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5h 56min ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
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6h 32min ago
European Economic News Preview: UK Labor Market Data Due
Labor market data from the UK and economic sentiment from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK unemployment data. The jobless rate is forecast to remain unchanged at 4.3 percent in the three months to November.
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7h 0min ago
European Shares Set For Cautious Open With Focus On Trump's Policies
European stocks are seen opening slightly lower on Tuesday as investors react to Trump's inaugural speech and a flurry of executive orders signed by him in the first few hours of his presidency, overturning multiple landmark decisions taken by the Biden administration.
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7h 2min ago
Sensex, Nifty Give Up Early Gains
Indian shares were slightly lower on Tuesday, giving up early gains as investors awaited clarity on Donald Trump's trade policies and tariffs.
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8h 15min ago
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Tuesday, following the positive cues from European markets and lack of cues from Wall Street overnight, as markets reacted positively to US President Donald Trump's decision not to impose China-specific tariffs on his first day in office. However, there were hints from Trump about potential 25 percent tariffs on Canada and Mexico as early as February 1.
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9h 13min ago
Australian Market Halves Early Gains In Mid-market
The Australian stock market halved its early gains in mid-market trading on Tuesday, but still extending the gains in the previous session, following the positive cues from European markets. The benchmark S&P/ASX 200 index is moving to near the 8,400.00 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
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9h 48min ago
