CAC 40 Gains As Parties Begin Talks On Forming Government
(RTTNews) - French stocks eked out modest gains on Wednesday after French political leaders from the left-wing bloc said they intended to form a government.
However, centrists pointed out that should play a role as the left lacked a majority. The benchmark CAC 40 was up 25 points, or 0.3 percent, at 7,535 after losing 1.6 percent the previous day.
The dollar held firm following cautious but encouraging remarks on inflation by Federal Reserve Chair Jerome Powell the day before.
In corporate news, Vallourec, a tubular solutions provider, was little changed despite bagging a contract from TotalEnergies.
Banks were mostly higher, with BNP Paribas and Societe Generale posting modest gains.
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Sensex, Nifty Extend Losses For Second Day
Indian shares fell notably on Thursday to extend losses from the previous session as investors awaited U.S. non-farm payrolls figures, inflation data and next week's presidential election for insight into the Federal Reserve policy.
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Pred 4 h 43 min
French Inflation Rises Less Than Forecast
France's consumer price inflation rose at a slower-than-expected pace in October, provisional estimate from the statistical office INSEE showed on Thursday. Consumer price inflation rose slightly to 1.2 percent in October from 1.1 percent in September. The rate was forecast to climb to 1.9 percent.
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Pred 5 h 14 min
European Shares Decline Ahead Of Inflation Data
European stocks were slightly lower on Thursday as investors assessed the latest batch of earnings and awaited the closely watched preliminary euro zone inflation reading for clues to the ECB's rate trajectory.
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Pred 6 h 10 min
Asian Shares Decline Following BoJ Decision
Asian stocks ended broadly lower on Thursday as investors reacted to mixed earnings from U.S. technology companies and signals from the Bank of Japan that further rate rises were still on the horizon.
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Pred 6 h 41 min
Yen Rises After BoJ Keeps Key Rate Unchanged
The Japanese yen strengthened against other major currencies in the Asian session on Thursday, after the Bank of Japan left its key interest rate unchanged as widely expected on Thursday and retained a cautious approach as political instability and looming U.S. presidential election added concerns about economic outlook.
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Pred 7 h 23 min
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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Pred 7 h 54 min
European Economic News Preview: Eurozone Inflation, Unemployment Data Due
Inflation and unemployment from the euro area and retail sales from Germany are the top economic news due on Thursday. At 3.00 am ET, Destatis is scheduled to issue Germany's retail sales and import prices for September. Economists forecast retail sales to fall 0.7 percent on month in September.
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Pred 8 h 20 min
China Manufacturing Activity Expands For First Time In 6 Months
China's manufacturing activity expanded for the first time in six months in October, underpinned by strong domestic demand, official survey data revealed Thursday. The official manufacturing Purchasing Managers' Index rose to 50.1 in October from 49.8 in September, survey data from the National Bureau of Statistics showed. The score was seen unchanged at 49.8.
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Pred 8 h 33 min
