CAC 40 Rises As Investors Weigh The US Election Impact

RTTNews | 319 일 전
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 Shares Subdued Ahead Of Fed Meeting

European Shares Subdued Ahead Of Fed Meeting

European stocks were flat to slightly lower on Tuesday and the U.S. dollar slipped to an over two-month low ahead of the start of a two-day policy meeting of the Federal Reserve later in the day, with traders eyeing a widely expected 25 bps rate cut.
RTTNews | 39 분 전
U.S. Dollar Falls Amid Fed Rate Cut Speculation

U.S. Dollar Falls Amid Fed Rate Cut Speculation

The U.S. dollar weakened against other major currencies in the Asian session on Tuesday, as traders have already factored in a rate cut by the US Fed as a "certainty."
RTTNews | 1 시간 0 분 전
Amazon Prime Big Deal Days On October 7-8

Amazon Prime Big Deal Days On October 7-8

Kicking off the holiday shopping season, Amazon has announced the retun of Prime Big Deal Days, its major deal event, on October 7 to 8, with millions of exclusive and early deals for Prime Members. Along with the U.S., Prime Big Deal Days will begin on October 7 in Australia, Belgium, Brazil, Canada, France, Germany, Italy, Japan, Netherlands, Poland, Singapore, Spain, Sweden, and the UK.
RTTNews | 2 시간 11 분 전
European Economic News Preview: UK Unemployment Data Due

European Economic News Preview: UK Unemployment Data Due

Unemployment from the UK and economic sentiment from Germany are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK unemployment data. The jobless rate is seen unchanged at 4.7 percent in the three months to July.
RTTNews | 3 시간 47 분 전
European Shares Seen Opening Up Ahead Of Fed Meeting

European Shares Seen Opening Up Ahead Of Fed Meeting

European stocks are likely to open higher on Tuesday as a two-day policy meeting of the U.S. Federal Reserve gets underway today amid expectations of a larger-than-expected rate cut.
RTTNews | 4 시간 9 분 전
Sensex, Nifty Open Higher As Trade Talks Resume

Sensex, Nifty Open Higher As Trade Talks Resume

Indian shares opened on a positive note Tuesday as Indian and U.S. officials restart trade talks, aiming to resolve tariff dispute and revive stalled deal.
RTTNews | 5 시간 17 분 전