CAC 40 Marginally Higher In Cautious Trade

RTTNews | 76天前
CAC 40 Marginally Higher In Cautious Trade

(RTTNews) - French stocks were little changed with a positive bias on Tuesday due to uncertainty surrounding the U.S. presidential election, with polls predicting a tight race.

Analysts believe Trump's policies on immigration, tax cuts and tariffs would put upward pressure on inflation, bond yields and the dollar.

Markets are also positioning for a 25-basis point rate cut by the Federal Reserve and the Bank of England on Thursday.

The Federal Reserve's commentary on the economic outlook and the future trajectory of interest rates will be watched closely amid the complexities of an election year and geopolitical tensions.

The benchmark CAC 40 was up 5 points at 7,377 after declining half a percent the previous day.

In corporate news, construction-to-telecoms group Bouygues jumped nearly 4 percent as nine-month core earnings came in slightly above expectations.

Atos SE rose half a percent. The IT company has agreed to sell its Worldgrid business unit to ALTEN SA for an enterprise value of 270 million euros.

read more
Canadian Stocks Remain Firmly Positive Despite Paring Some Gains

Canadian Stocks Remain Firmly Positive Despite Paring Some Gains

Despite paring some gains, the Canadian market remains firmly place in positive territory Monday afternoon thanks to sustained buying in several stocks from the energy sector. The mood remains positive amid optimism about some interest rate cuts by the Federal Reserve and a few other central banks this year.
RTTNews | 6小时19分钟前
Swiss Market Closes On Firm Note

Swiss Market Closes On Firm Note

Despite a mid-session setback, the Switzerland market closed on a firm note on Monday, in line with markets across Europe, as investors reacted positively to news that the Trump administration would hold off on imposing trade tariffs for now.
RTTNews | 7小时17分钟前
European Stocks Close Higher After Cautious Session

European Stocks Close Higher After Cautious Session

European stocks closed higher on Monday, with a few markets posting fresh record highs, reacting positively to reports that the Trump administration will hold off on imposing trade tariffs for now. Investors also focused on the World Economic Forum, which kicked off in Davos, Switzerland, today.
RTTNews | 8小时4分钟前
Bay Street Likely To Open On Subdued Note

Bay Street Likely To Open On Subdued Note

Canadian shares are likely to open on a subdued note Monday morning with investors looking for directional clues. Trading volumes are likely to be thin as the U.S. market is closed today for Martin Luther King, Jr. Day holiday.
RTTNews | 12小时50分钟前
Euro Rises Before Trump Inauguration

Euro Rises Before Trump Inauguration

The euro strengthened against other major currencies in the European session on Monday, as European stocks traded higher led by gains in mining and retails sectors. The mood is largely cautious with investors awaiting the inauguration of U.S. President Donald Trump later in the day.
RTTNews | 13小时40分钟前
UK House Prices Rise Most Since 2020: Rightmove

UK House Prices Rise Most Since 2020: Rightmove

UK house prices increased the most since 2020 and new sellers coming to the market hit a record in January, data from the property website Rightmove showed on Monday. Average house prices increased 1.7 percent in January from a month ago, marking the largest jump in prices at the start of the year since 2020. This follows a 1.7 percent fall in December.
RTTNews | 14小时43分钟前
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Monday.
RTTNews | 15小时19分钟前