CAC 40 Inches Higher Ahead Of Key Inflation Data

RTTNews | Pred 703 dňami
CAC 40 Inches Higher Ahead Of Key Inflation Data

(RTTNews) - French stocks were modestly higher on Friday after seeing strong gains in the previous session.

Chinese data released earlier today proved to be a mixed bag, keeping underlying sentiment cautious.

Official data showed China's manufacturing activity rose in March at a slower pace, but still exceeded expectations.

Services activity expanded at the fastest pace in nearly 12 years and construction activity remained strong, boosting the outlook for growth this year.

Investors await key Eurozone and U.S. inflation later in the day for clues to the rate outlook.

The benchmark CAC 40 was up 22 points, or 0.3 percent, at 7,285 after closing 1.1 percent higher on Thursday.

Asian markets closed mostly higher today while trading in U.S. stock futures point to a quiet opening on Wall Street.

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CAC 40 Moderately Higher; Thales Up Sharply

CAC 40 Moderately Higher; Thales Up Sharply

French stocks are up in positive territory Monday morning, led by gains in defense shares, amid prospects of increased defense spending following European leaders echoing recent views of the U.K. about increasing spending for the sector.
RTTNews | Pred 5 h 5 min
DAX Rise 1.25% As Defense Stocks Rally

DAX Rise 1.25% As Defense Stocks Rally

German stocks are up firmly in positive territory Monday morning, outperforming peers from the region, thanks to hectic buying in defense stocks on reports the Christian Democratic Union (CDU) and their prospective coalition partner/partners, are considering setting up two special funds for defense and infrastructure investments.
RTTNews | Pred 5 h 43 min
Sensex, Nifty End Lackluster Session Marginally Lower

Sensex, Nifty End Lackluster Session Marginally Lower

Indian shares ended little changed with a negative bias on Monday as investors grappled with signs of a weakening U.S. economy and increasingly unclear prospects for peace in Ukraine.
RTTNews | Pred 5 h 53 min
U.S. Dollar Falls Amid U.S. Fed Rate Cut Prospect

U.S. Dollar Falls Amid U.S. Fed Rate Cut Prospect

The U.S. dollar weakened against other major currencies in the Asian session on Monday, amid prospects of the U.S. Fed cutting interest rates earlier as it is feared that the U.S. trade war may hurt global growth, worsen inflation and possibly spark recessions in some countries. Traders also picked up stocks at a bargain after the recent slump in the markets.
RTTNews | Pred 7 h 19 min
Asian Shares Mostly Higher On Improved China Data

Asian Shares Mostly Higher On Improved China Data

Asian stocks advanced on Monday as new PMI data suggested China's manufacturing had a solid start to 2025 and European leaders pledged to assemble a "coalition of the willing" to develop a plan for ending Ukraine's war with Russia.
RTTNews | Pred 7 h 36 min
European Economic News Preview: Eurozone Flash Inflation, Final Factory PMI Due

European Economic News Preview: Eurozone Flash Inflation, Final Factory PMI Due

Flash inflation and final factory Purchasing Managers' survey results from the Eurozone and mortgage approvals from the UK are the top economic news due on Monday. At 2.00 am ET, consumer and producer price figures are due from Turkey. Inflation is forecast to ease to 39.9 percent in February from 42.12 percent in January.
RTTNews | Pred 9 h 40 min