CAC 40 Extends Gains Ahead Of US Presidential Debate

RTTNews | hace 294
CAC 40 Extends Gains Ahead Of US Presidential Debate

(RTTNews) - French stocks traded higher on Tuesday while the dollar edged lower ahead of the televised U.S. presidential debate later today and inflation readings due later in the week that could influence expectations for the interest rate outlook.

Upcoming ECB and Fed meetings also remained on investors' radar.

Analysts remain divided over whether the Federal Reserve would deliver a regular 25 basis point (bps) rate cut or an outsized 50 bps one at its Sept. 17-18 policy meeting. The benchmark CAC 40 was up 31 points, or 0.4 percent, at 7,456 after rallying 1 percent the previous day.

In corporate news, Capgemini soared 7 percent after Oracle beat on the top and bottom lines for the first quarter and announced it would bring database services to cloud infrastructure market leader Amazon Web Services.

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

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

Flash inflation and final factory Purchasing Managers' survey results from the euro area and unemployment from Germany are top economic news due on Tuesday. At 2.00 am ET, UK Nationwide house price data is due. Economists forecast house prices to grow 3.3 percent on a yearly basis, slower than the 3.5 percent increase in May.
RTTNews | hace 18 minutos
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains across most sectors led by gold miners and technology stocks. Iron ore miners were the only weak spot.
RTTNews | hace 2h 46min
Asian Markets A Sea Of Green

Asian Markets A Sea Of Green

Asian stock markets are a sea of green on Tuesday, following the broadly positive cues from Wall Street overnight, amid ongoing optimism about trade deals ahead of the impending deadline for U.S. reciprocal tariffs early next month. Market sentiment also improved as the truce in the 12-day war between Israel and Iran continued to hold without violations from either side.
RTTNews | hace 3h 7min
Thai Stock Market May Extend Monday's Gains

Thai Stock Market May Extend Monday's Gains

The Thai stock market on Monday halted the two-day slide in which it had given up more than 25 points or 2.2 percent. The Stock Exchange of Thailand now sits just beneath the 1,090-point plateau and it's tipped to open in the green again on Tuesday.
RTTNews | hace 4h 7min
Indonesia Stock Market May Add To Its Winnings

Indonesia Stock Market May Add To Its Winnings

The Indonesia stock market has moved higher in two straight sessions, collecting almost 100 points or 1.3 percent along the way. The Jakarta Composite Index now sits just above the 6,925-point plateau and it may open to the upside again on Tuesday.
RTTNews | hace 4h 37min
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, snapping a five-session winning streak, despite the broadly positive cues from Wall Street overnight, with the Nikkei 225 falling below the 40,100 level, with weakness across most sectors led by index heavyweights and financial stocks.
RTTNews | hace 4h 38min
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains in gold miners, energy and technology stocks partially offset by weakness in iron ore miners.
RTTNews | hace 5h 0min