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CAC 40 Rises As Investors Weigh The US Election Impact

RTTNews | Pred 8 h 30 min

CAC 40 Rises As Investors Weigh The US Election Impact

(RTTNews) - French stocks traded higher on Friday even as yields on government bonds continued to rise amid inflation concerns and rising odds of a Trump victory in next week's presidential election.

Investors watched Middle East developments closely after reports emerged that Iran is preparing to attack Israel from Iraqi territory in the coming days, possibly before the U.S. election.

Eurozone bonds remained mostly unchanged as signs of accelerating Eurozone inflation raised speculation the European Central Bank will likely adopt a more cautious approach to rate cuts.

The benchmark CAC 40 was up 39 points, or half a percent, at 7,388 after declining 1.1 percent the previous day.

China-related luxury stocks such as LVMH and Herms were seeing modest gains as a private survey showed activity in China's manufacturing sector rebounded in October after a dip into contraction the previous month.

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U.S. Employment Inches Up By 12,000 Jobs In October, Far Less Than Expected

U.S. Employment Inches Up By 12,000 Jobs In October, Far Less Than Expected

With increases in healthcare and government jobs partly offset by decreases in temporary and manufacturing jobs, the Labor Department released a report on Friday showing employment in the U.S. edged only slightly higher in the month of October. The Labor Department said non-farm payroll employment crept up by 12,000 jobs in October compared to economist estimates for the addition of 113,000 jobs.

RTTNews | Pred 4 h 5 min

U.S. Employment Inches Up Far Less Than Expected In October

U.S. Employment Inches Up Far Less Than Expected In October

With increases in healthcare and government jobs partly offset by decreases in temporary and manufacturing jobs, the Labor Department released a report on Friday showing employment in the U.S. edged only slightly higher in the month of October.

RTTNews | Pred 4 h 54 min

Bay Street Likely To Open On Firm Note

Bay Street Likely To Open On Firm Note

Higher crude oil and bullion prices, and strong European stocks points to a firm start for the Canadian market Friday morning. The focus will be on U.S. non-farm payroll data, which is likely to provide some clues about the Federal Reserve's interest rate move next week.

RTTNews | Pred 5 h 9 min

UK Manufacturing Contracts For First Time Since April

UK Manufacturing Contracts For First Time Since April

The UK factory activity contracted for the first time since April as manufacturers adopted a wait-and-see approach on investment and spending ahead of the budget announcement, final data from S&P Global showed on Friday. The manufacturing Purchasing Managers' Index posted 49.9 in October, down from 51.5 in September.

RTTNews | Pred 5 h 57 min

European Shares Gain Before US Jobs Data

European Shares Gain Before US Jobs Data

European stocks traded higher on Friday ahead of the release of U.S. non-farm payroll report later in the day and next week's U.S. presidential election.

RTTNews | Pred 8 h 1 min

FTSE 100 Rises As House Price Growth Slows

FTSE 100 Rises As House Price Growth Slows

U.K. stocks rose on Friday and the pound was steady as data showed house price inflation in the U.K. eased for the first time in six months in October.

RTTNews | Pred 8 h 15 min

DAX Edges Higher In Cautious Trade Ahead Of US Jobs Data

DAX Edges Higher In Cautious Trade Ahead Of US Jobs Data

German stocks were seeing modest gains in cautious trade on Friday ahead of the release of U.S. non-farm payroll report later in the day and next week's U.S. presidential election.

RTTNews | Pred 8 h 42 min

Asian Shares Retreat Despite Positive China Data

Asian Shares Retreat Despite Positive China Data

Asian stocks ended mostly lower on Friday, even as Hong Kong markets edged up after the release of positive readings on Chinese manufacturing activity and home sales.

RTTNews | Pred 8 h 57 min

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