CAC 40 Struggles For Direction

RTTNews | 77 days ago
CAC 40 Struggles For Direction

(RTTNews) - French stocks struggled for direction on Monday as investors refrained from making big bets ahead of the highly anticipated U.S. presidential election on Tuesday and the Federal Reserve's interest-rate decision on Thursday.

A flurry of new polls show that Vice President Kamala Harris and former president Donald Trump remain poised for a photo finish in this week's presidential election.

Markets expect the U.S. Federal Reserve to cut interest rates by 25 bps amid economic contradictions, following a supersize 50 basis point move in September.

The benchmark CAC 40 was marginally higher at 7,413 after rising 0.8 percent on Friday.

Schneider Electric fell about 1 percent after the industrials giant ousted CEO Peter Herweck with immediate effect, citing issues with his execution of the company's strategy.

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Bay Street Likely To Open On Subdued Note

Bay Street Likely To Open On Subdued Note

Canadian shares are likely to open on a subdued note Monday morning with investors looking for directional clues. Trading volumes are likely to be thin as the U.S. market is closed today for Martin Luther King, Jr. Day holiday.
RTTNews | 5h 11min ago
Euro Rises Before Trump Inauguration

Euro Rises Before Trump Inauguration

The euro strengthened against other major currencies in the European session on Monday, as European stocks traded higher led by gains in mining and retails sectors. The mood is largely cautious with investors awaiting the inauguration of U.S. President Donald Trump later in the day.
RTTNews | 6h 1min ago
UK House Prices Rise Most Since 2020: Rightmove

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UK house prices increased the most since 2020 and new sellers coming to the market hit a record in January, data from the property website Rightmove showed on Monday. Average house prices increased 1.7 percent in January from a month ago, marking the largest jump in prices at the start of the year since 2020. This follows a 1.7 percent fall in December.
RTTNews | 7h 5min ago
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Monday.
RTTNews | 7h 40min ago
FTSE 100 Up Slightly As Miners Move Higher

FTSE 100 Up Slightly As Miners Move Higher

U.K. stocks are slightly higher Monday morning, led by gains in mining and retails sectors. The mood is largely cautious with investors awaiting the inauguration of U.S. President Donal Trump later in the day.
RTTNews | 7h 58min ago