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CAC 40 Little Changed Ahead Of ECB Meeting
(RTTNews) - French stocks held steady on Wednesday ahead of U.S. consumer inflation data due later in the day which could shed light on the size of a widely expected rate cut by the Federal Reserve at next week's policy meeting.
Focus was also on the European Central Bank (ECB), which is likely to reduce its own borrowing costs for the second time this year on Thursday.
The benchmark CAC 40 was marginally higher at 7,408 after declining 0.2 percent the previous day.
Drug maker Sanofi fell about 1 percent. The French company and its partner Regeneron have presented data from a phase 3 trial that could help push the megablockbuster across the finish line in the indication.
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Japanese Market Sharply Lower
Giving up the gains in the previous two sessions, the Japanese market is sharply lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 37,100 level, with weakness across most sectors led by index heavyweights, exporters and technology stocks.
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5g 37 minut temu
Australian Market Sharply Lower
The Australian stock market is trading sharply lower on Friday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the psychological 8,000 mark, with weakness across most sectors led by financial and technology stocks.
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6g 0 minut temu
TSX Sheds 1.1% As Stocks Tumble On U.S. Policy Uncertainty
The Canadian market closed notably lower on Thursday amid uncertainty about the Trump administration's moves with regard to tariffs and economic policies.
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7g 53 minut temu
Dollar Stays Weak Against Most Major Counterparts
The U.S. dollar stayed weak against most of its major counterparts on Thursday, although the decline was not any significantly pronounced.
Traders continued to track the developments on the tariff front, and digested the latest batch of economic data, and the European Central Bank's decision to lower interest rates once again.
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8g 35 minut temu
Oil Futures Settle Slightly Higher
Oil futures settled slightly higher on Thursday after some wild swings amid uncertainty about the outlook for oil demand, and on possible excess supply in the market.
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10g 11 minut temu
U.S. Dollar Weakens As Tariff Concerns Ease
The U.S. dollar declined against its major counterparts in the New York session on Thursday, as worries about tariffs eased following the Trump administration's decision to delay car tariffs for Canada and Mexico by a month.
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11g 2 minut temu
Canadian Market Down Firmly In Negative Territory
The Canadian market is down sharply Thursday afternoon amid concerns the trade war with the U.S. could hurt growth and adversely impact corporate earnings.
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11g 16 minut temu
Swiss Market Ends Moderately Lower
The Switzerland market ended weak on Thursday, after languishing in negative territory right through the day's session as worries about global growth due to stringent tariffs by the U.S. on imports from Canada and Mexico rendered the mood a bit bearish.
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11g 50 minut temu
