CAC 40 Gives Up Early Gains Ahead Of Key Data
(RTTNews) - French stocks gave up early gains to trade on a flat note Thursday as investors awaited more economic data to gauge the potential impact of rising interest rates on growth.
Euro zone construction activity for September, retail sales data for August, and minutes of the European Central Bank's September meeting — all are due later in the session.
Across the Atlantic, investors await the weekly jobless claims report later today and the more closely watched nonfarm payrolls report due on Friday for additional clues on the pace and path of U.S. rate hikes.
The benchmark CAC 40 was marginally higher at 5,989 after declining 0.9 percent the previous day.
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U.S. Dollar Moves To The Upside After Early Volatility
After seeing considerable volatility earlier in the day, the value of the U.S. dollar has moved higher over the course of trading on Friday.
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Pred 6 h 26 min
Swiss Stock Market Extends Win Streak To Four Sessions
The Swiss stick market was in the green from start to finish on Friday, rising optimism over the outlook for interest rates and extending recent gains.
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Pred 8 h 24 min
Swiss Franc Drops Against Most Majors
The Swiss franc fell against its most major counterparts in the New York session on Friday.
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Pred 8 h 40 min
Rate Cut Hopes Boost European Stock Markets
Optimism over interest rate cuts had traders in a happy mood on Friday as the major European stock markets finished solidly to the upside, extending recent gains.
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Pred 9 h 1 min
Japanese Yen Declines Against Majors
The Japanese yen weakened against its major counterparts in the New York session on Friday.
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Pred 9 h 20 min
U.S. Industrial Production Jumps In December As Utilities, Mining Output Surges
Industrial production in the U.S. increased by much more than expected in the month of December, according to a report released by the Federal Reserve on Friday. The Fed said industrial production jumped by 0.9 percent in December after rising by a revised 0.2 percent in November.
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Pred 12 h 27 min
U.S. Housing Starts Skyrocket To Ten-Month High In December
A report released by the Commerce Department on Friday showed new residential construction in the U.S. surged by much more than anticipated in the month of December. The Commerce Department said housing starts soared by 15.8 percent to an annual rate of 1.499 million in December after tumbling by 3.7 percent to a revised rate of 1.294 million in November.
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Pred 13 h 20 min
U.S. Industrial Production Jumps Much More Than Expected In December
Industrial production in the U.S. increased by much more than expected in the month of December, according to a report released by the Federal Reserve on Friday.
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Pred 13 h 34 min
