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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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Japan Shares May Be Stuck In Neutral On Thursday
The Japanese stock market has moved higher in back-to-back sessions, collecting almost 110 points or 0.3 percent along the way. The Nikkei 225 now rests just above the 35,725-point plateau although the rally may stall on Thursday.
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4g 25 minut temu
Exporters Likely To Weigh On South Korea Shares
The South Korea stock market headed south again on Wednesday, one day after ending the three-day losing streak in which it had stumbled more than 160 points or 6.4 percent. The KOSPI now rests just above the 2,500-point plateau and it may take further damage on Thursday.
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4g 55 minut temu
Australia Services Sector Picks Up Steam In March - S&P Global
The services sector in Australia continued to expand in March, and at a faster rate, the latest survey from S&P Global revealed on Thursday with a services PMI score of 51.6.
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5g 37 minut temu
Australia Trade Data Due On Thursday
Australia will on Thursday release February figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.
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5g 55 minut temu
Trump Announces Sweeping Reciprocal Tariff Plan
President Donald Trump delivered a highly anticipated speech from the White House Rose Garden on Wednesday outlining his plan to impose sweeping tariffs on U.S. trade partners. Trump's plan purportedly calls for a baseline 10 percent tariff to be imposed on all U.S. imports except those compliant with the United States-Mexico-Canada Agreement. Certain countries will face much higher tariffs.
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6g 22 minut temu
U.S. Dollar Weakens As Investors Await Trump's Tariff Plan
The U.S. dollar dropped against its most major counterparts in the New York session on Wednesday ahead of the Trump administration's reciprocal tariff announcement later in the day.
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8g 0 minut temu
Swiss Market Ends Moderately Lower
The Switzerland market closed weak on Wednesday, mirroring the trend across the region, as investors stayed wary of picking up stocks ahead of U.S. President Donald Trump's tariff announcement later in the day.
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10g 51 minut temu
European Stocks Close On Weak Note Ahead Of Trump's Tariff Announcement
European stocks closed mostly weak on Wednesday as investors chose to refrain from making significant moves ahead of U.S. President Donald Trump's tariff announcement.
According to reports, the U.S. President is looking to impose a sweeping 20% tariff on most imports, and a separate 25% global tariff on auto imports.
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11g 9 minut temu
