CAC 40 Subdued On Hawkish ECB Comments
(RTTNews) - French stocks were marginally lower on Friday as trading resumes on Wall Street later in the day after a holiday the previous day for Thanksgiving.
The benchmark CAC 40 was down 2 points at 6,705 after closing 0.4 percent higher on Thursday.
The euro rose for the fourth straight day against the dollar after hawkish ECB comments. ECB's Executive Board member Isabel Schnabel said on Thursday that "incoming data so far suggest that the room for slowing down the pace of rate adjustments remains limited". Orange SA shares rose half a percent. The telecommunications company has concluded a long-term agreement with 1&1 AG for the provision of international roaming services for the 1&1 mobile network.
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European Shares Likely To Drift Lower On Tariff Worries
European stocks are seen opening broadly lower on Friday despite Apple posting a record revenue and Intel beating earnings and revenue expectations.
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5h 21min ago
European Economic News Preview: German Inflation, Unemployment Data Due
Flash consumer prices, retail sales and unemployment figures from Germany and house prices from the UK are the top economic news due on Friday. At 2.00 am ET, the UK Nationwide house price data is due. Economists forecast house prices to grow 4.3 percent on a yearly basis in January following a 4.7 percent rise in December.
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5h 33min ago
Sensex, Nifty Modestly Higher In Early Trade
Indian shares were modestly higher on Friday ahead of the Union Budget presentation this weekend and next week's MPC meeting.
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6h 30min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Friday, following the positive cues from Wall Street overnight, with markets in China, Hong Kong and Taiwan closed for Lunar New Year. The markets are also reacting positively to some domestic economic data from Japan and Australia. The markets are gaining from heavy buying in the tech space and firm metal prices that are pushing up mining stocks.
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7h 36min ago
Australian Market Halves Gains In Mid-market
The Australian stock market has halved its early gains in mid-market trading on Friday, but extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,500 level after hitting all-time highs, with gains is mining and technology stocks partially offset by weakness in financial stocks.
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7h 59min ago
Sensex, Nifty Seen Higher At Open
Indian shares are seen opening on a positive note Friday as investors await the release of the Economic Survey 2025 in Parliament.
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8h 20min ago
Thai Stock Market Poised To Open In The Green
The Thai stock market has finished lower in back-to-back sessions, sinking more than 10 points or 0.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,335-point plateau and it's likely to find support on Friday.
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9h 21min ago
Japanese Market Slightly Higher
Adding to the gains in the previous two sessions, the Japanese market is slightly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is staying well above the 39,500 level, as traders react positively to some upbeat domestic economic data, with retail sales exceeded expectations and unemployment rate dropping.
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9h 22min ago
