CAC 40 Drifts Lower Amid Lack Of Major Catalysts
(RTTNews) - French stocks traded lower on Monday and the euro was under pressure in the absence of high-tier data releases.
ECB policymaker Gediminas Simkus said today that rates could get lower than the natural level between 2 percent and 3 percent, if a fall in inflation becomes entrenched.
The benchmark CAC 40 dropped 16 points, or 0.20 percent, to 7,597 after rising 0.4 percent on Friday.
Pharmaceutical company Sanofi was moving lower after it has entered into exclusive negotiations to sell a 50 percent controlling stake in its consumer healthcare business, Opella, to private equity firm CD&R.
Forvia, the world's seventh largest car parts supplier by revenue, jumped nearly 9 percent after beating Q3 sales expectations.
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U.S. Leading Economic Index Falls More Than Expected In September
The Conference Board released a report on Monday showing its reading on leading U.S. economic indicators fell by more than expected in the month of September. The report said the leading economic index slid by 0.5 percent in September after falling by a revised 0.3 percent in August.
RTTNews
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5ч 10мин назад
Bay Street Likely To Open Higher On Firm Commodity Prices
The Canadian market may open higher Monday morning as some strong buying is likely in energy and materials sectors thanks to rising oil and metal prices.
However, the mood is likely to remain cautious amid persisting worries about tensions in the Middle East.
RTTNews
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6ч 44мин назад
ECB's Simkus Says Rates To Go Lower If Inflation Slows Further
The European Central Bank could cut interest rates further if inflation continues to slow and the economy remains sluggish, Governing Council member Gediminas Simkus said on Monday, but he refrained from predicting the December move.
RTTNews
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6ч 59мин назад
Dollar Firms Up With Rising Trump Bets
The U.S. Dollar extended gains against major currencies during the week ended October 18 amidst growing expectations of a Trump presidency, widely perceived as boosting the U.S. dollar.
RTTNews
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7ч 19мин назад
Sensex, Nifty End Slightly Lower In Volatile Trade
Indian shares ended slightly lower on Monday as investors reacted to mixed earnings results and weighed the possible impact of the U.S. presidential elections on the Indian stock market.
RTTNews
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8ч 49мин назад
UK House Price Growth Weakens: Rightmove
UK house prices increased at a below seasonal average pace in October due to the rise in buyer choice and increasing seller competition, property website Rightmove said Monday. House prices grew 0.3 percent month-on-month in October, which was much lower than the average seasonal 1.3 percent increase at this time of year. Prices had increased 0.8 percent in September.
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9ч 2мин назад
European Shares Lack Direction In Cautious Trade
European stocks were little changed on Monday, even as higher commodity prices boosted mining and energy stocks.
RTTNews
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9ч 49мин назад
FTSE 100 Holds Steady; Mining And Energy Stocks Gain
U.K. stocks were marginally higher on Monday as higher commodity prices boosted mining and energy stocks.
RTTNews
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10ч 4мин назад
