CAC 40 Rises As Investors Weigh The US Election Impact

RTTNews | Pred 153 dňami
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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European Economic News Preview: Eurozone Final Composite PMI Data Due

European Economic News Preview: Eurozone Final Composite PMI Data Due

Final composite Purchasing Managers' survey results from the euro area and the UK are the top economic news due at Thursday. At 3.15 AM ET, S&P Global publishes Spain's services and composite PMI survey data. The services indicator is forecast to fall to 55.6 in March from 56.2 in the previous month. At 3.45 am ET, services and composite PMI data is due from Italy.
RTTNews | Pred 4 h 14 min
Sensex, Nifty Open Lower; IT And Auto Stocks Drag

Sensex, Nifty Open Lower; IT And Auto Stocks Drag

Indian shares were slightly lower on Thursday after U.S. President Donald Trump announced 26 percent reciprocal tariff on India - half the rate India imposes on U.S. imports, leaving some room for negotiation.
RTTNews | Pred 5 h 26 min
Asian Markets Trades Mostly Lower

Asian Markets Trades Mostly Lower

Asian stock markets are trading mostly lower on Thursday, despite the positive cues from Wall Street overnight, after US President Donald Trump announced steeper-than-expected tariffs on US trade partners, heightening concerns over a global trade war that could destabilize major economies. White House press secretary Karoline Leavitt indicated the new levies will be "effective immediately."
RTTNews | Pred 6 h 17 min
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming its early losses in mid-market moves on Thursday, giving up the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 7,900 level, with weakness across most sectors led by mining and technology stocks.
RTTNews | Pred 7 h 5 min
Sensex, Nifty Likely To See Gap-down Open As Trade War Fears Mount

Sensex, Nifty Likely To See Gap-down Open As Trade War Fears Mount

Indian shares look set to open sharply lower on Thursday after U.S. President Donald Trump announced reciprocal tariffs affecting over 180 countries, including a 26 percent tariff on India - half the rate India imposes on U.S. imports, leaving some room for negotiation.
RTTNews | Pred 7 h 15 min
Thai Stock Market May Spin Its Wheels On Thursday

Thai Stock Market May Spin Its Wheels On Thursday

The Thai stock market has moved higher in back-to-back sessions, advancing almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,170-point plateau, although it may run out of steam on Thursday.
RTTNews | Pred 8 h 14 min