CAC 40 Gains As Aggressive Fed Bets Ease

RTTNews | 878天前
CAC 40 Gains As Aggressive Fed Bets Ease

(RTTNews) - French stocks rose on Friday as signs of cooling consumer and producer price inflation in the United States prompted traders to pare bets of aggressive policy tightening by the Federal Reserve.

Meanwhile, France's unemployment rate increased unexpectedly in the June quarter, though slightly, data from the statistical office INSEE showed.

The ILO jobless rate stood at 7.4 percent in the second quarter versus 7.3 percent in the March quarter. Economists had forecast the rate to remain stable at 7.3 percent.

The benchmark CAC 40 rose 28 points, or 0.4 percent, to 6,573 after rising 0.3 percent on Thursday.

Sanofi gained about 1 percent following two days of losses on growing worries about U.S. litigation focused on a heartburn drug that contained a probable carcinogen.

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Malaysia Bourse Tipped To Open To The Upside

Malaysia Bourse Tipped To Open To The Upside

The Malaysia stock market has finished lower in three straight sessions, sinking more than 15 points or 0.9 percent in that span. The Kuala Lumpur Composite Index now rests just above the 1,625-point plateau although it may stop the bleeding on Tuesday.
RTTNews | 5小时4分钟前
Japan Stock Market Poised To End Its Slide

Japan Stock Market Poised To End Its Slide

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RTTNews | 5小时19分钟前
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KOSPI May Crack Resistance At 2,500 Points

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RTTNews | 5小时34分钟前
Australia Building Approval Data Due On Tuesday

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RTTNews | 6小时4分钟前
Swiss Franc Weakens Against Majors

Swiss Franc Weakens Against Majors

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RTTNews | 10小时3分钟前
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RTTNews | 10小时10分钟前
European Markets Close On Firm Note

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RTTNews | 10小时32分钟前
U.S. Factory Orders Pull Back Slightly More Than Expected In November

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RTTNews | 12小时32分钟前