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CAC 40 Edges Higher Ahead Of Powell's Testimony

RTTNews | 940 hari yang lalu

CAC 40 Edges Higher Ahead Of Powell's Testimony

(RTTNews) - French stocks edged up slightly on Wednesday ahead of the U.K. Budget and testimony from Federal Reserve Chair Jerome Powell.

British finance minister Jeremy Hunt's spring budget is expected to include a government-backed 99 percent mortgage to help first-time buyers, despite the fragile state of the public finances.

Powell is due to testify before the House Financial Services Committee later today and the Senate Banking Committee on Thursday.

The benchmark CAC 40 was up 16 points, or 0.2 percent, at 7,948 after falling 0.3 percent in the previous session.

Eurozone bond yields edged up, heading into Thursday's ECB meeting. With no change in interest rates expected, traders are likely to keep a close eye on growth and inflation forecasts.

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FTSE 100 Edges Higher As Oil Prices Slip; Miners Among Top Gainers

FTSE 100 Edges Higher As Oil Prices Slip; Miners Among Top Gainers

U.K. stocks climbed higher on Friday, recovering from four successive days of decline, as weak oil prices and easing bond yields helped lift sentiment. Miners gained in strength, contributing notably to market's upmove.

RTTNews | 1 jam 16 menit yang lalu

Eurozone Inflation Rises To 3-Year High

Eurozone Inflation Rises To 3-Year High

Eurozone inflation accelerated more than expected to a three-year high in September on energy prices, flash estimate from Eurostat showed Friday. Inflation rose to 3.8 percent in September, marking the highest since September 2023, from 3.2 percent in August. The rate was forecast to climb to 3.7 percent.

RTTNews | 1 jam 27 menit yang lalu

CAC 40 Moderately Higher As Oil's Drop Lifts Sentiment

CAC 40 Moderately Higher As Oil's Drop Lifts Sentiment

French equities gained ground Friday with the CAC 40 rising 0.69% to 7,889.67, supported by falling oil prices. Eurozone inflation accelerated to 3.8% in September versus 3.2% in August, exceeding forecasts of 3.7%.

RTTNews | 1 jam 46 menit yang lalu

DAX Up Firmly As Oil Prices, Bond Yields Drop

DAX Up Firmly As Oil Prices, Bond Yields Drop

https://in.investing.com/indices/germany-30 https://live.deutsche-boerse.com/indices/dax?mic=XETR https://www.rttnews.com/3696087/eurozone-inflation-rises-to-3-8.aspx?type=eueco https://www.rttnews.com/3696086/european-shares-rebound-as-yields-and-oil-prices-ease.aspx?type=eucom

RTTNews | 2 jam 20 menit yang lalu

Gold Edges Up Ahead Of US Jobs Report

Gold Edges Up Ahead Of US Jobs Report

Gold edged up slightly on Friday as wild volatility in bond and currency markets eased ahead of the all-important U.S. jobs report due later in the day.

RTTNews | 2 jam 41 menit yang lalu

Oil Prices Headed For Weekly Loss As Supply Fears Ease

Oil Prices Headed For Weekly Loss As Supply Fears Ease

Oil prices tumbled on Friday and headed for a weekly loss on signs of recovering Middle East supplies to prewar levels.

RTTNews | 2 jam 57 menit yang lalu

European Shares Rebound As Yields And Oil Prices Ease

European Shares Rebound As Yields And Oil Prices Ease

European stocks rebounded on Friday as wild volatility in bond and currency markets eased ahead of the all-important U.S. jobs report due later in the day.

RTTNews | 3 jam 23 menit yang lalu

Asian Shares Mixed In Thin Holiday Trade

Asian Shares Mixed In Thin Holiday Trade

Asian stocks ended mixed on Friday as investors grappled with wild swings in bond and currency markets.

RTTNews | 3 jam 58 menit yang lalu

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