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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Yen Rises Amid Tariff Worries
The Japanese yen strengthened against other major currencies in the Asian session on Friday, as investor sentiment dropped on the sidelines after U.S. President Donald Trump announced that 25 percent tariffs on Canada and Mexico are coming on Saturday, although crude flows may be exempted from the levies.
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5ч 14мин назад
Asian Shares Mostly Higher; Seoul Stocks Decline On DeepSeek Concerns
Most Asian markets rose on Friday following encouraging earnings updates from Apple and Intel.
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5ч 16мин назад
Apple Stock Gains On Upbeat Q1, Positive Outlook, Despite Weak IPhone, China Sales
Apple Inc.'s shares gained more than 3 percent in the after-hours trading on Thursday after the tech major reported higher profit in its first quarter, above market estimates, with strong growth in net sales. This was despite weakness in iPhone and Wearables sales, as well as in China. The company also declared a cash dividend. Further, in its first-quarter earnings call, Apple said it expects...
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7ч 0мин назад
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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8ч 16мин назад
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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8ч 28мин назад
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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9ч 25мин назад
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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10ч 31мин назад
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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10ч 54мин назад
