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CAC 40 Rises To Near 7-month High

French stocks are up in positive territory Wednesday morning, tracking positive cues from other markets in Europe, amid hopes the European Central Bank will lower interest rate, and that there will be a couple of interest rate cuts by the Federal Reserve this year. Concerns about imposition of trade tariffs by the Trump administration weigh a bit, limiting market's upside.
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DAX Rises On Rate Cut Hopes, Adidas' Upbeat Results

DAX Rises On Rate Cut Hopes, Adidas' Upbeat Results

Despite lingering concerns about potential trade tariffs, German stocks are up firmly in positive territory Wednesday morning, reacting to upbeat earnings updates from Adidas, and U.S. President Donald Trump's announcement of a big investment in AI infrastructure in the United States.
RTTNews | 617 hari yang lalu
Netflix Stock Gains On Upbeat Q4, Bullish Guidance

Netflix Stock Gains On Upbeat Q4, Bullish Guidance

Netflix Inc.'s shares gained around 14 percent in the after-hours trading on Tuesday and are currently up 14 percent in the pre-market activity, as the streaming video giant issued positive outlook for its first quarter and lifted fiscal 2025 view. The fourth-quarter earnings beat market estimates with significant growth. The results and outlook mainly reflected 19 million net additions...
RTTNews | 617 hari yang lalu
Pound Slides Amid BoE Rate Cut Speculation

Pound Slides Amid BoE Rate Cut Speculation

The British pound weakened against other major currencies in the Asian session on Wednesday, as traders speculate a rate cut by the Bank of England (BoE) in February.
RTTNews | 617 hari yang lalu
Asian Shares Mixed Amid Trump's Tariff Threats

Asian Shares Mixed Amid Trump's Tariff Threats

Asian stocks ended mixed on Wednesday, with Chinese and Hong Kong markets falling sharply after U.S. President Donald Trump threatened tariffs on the EU and China to address trade imbalances and combat fentanyl trafficking.
RTTNews | 617 hari yang lalu
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 617 hari yang lalu
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Yen Falls As Asian Stock Markets Traded Higher

Yen Falls As Asian Stock Markets Traded Higher

The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as Asian stock markets traded higher following the broadly positive cues from global markets overnight, as optimism about a few interest rate cuts by the U.S. Fed this year, and a drop in global bond yields. Markets in China and Hong Kong were down as the U.S. administration was discussing a 10 tariff against China and said tariffs on China could hinge on a deal over TikTok's ownership.
RTTNews | 617 hari yang lalu
European Economic News Preview: UK Public Sector Finance Data Due

European Economic News Preview: UK Public Sector Finance Data Due

Public sector finance from the UK is due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK government borrowing data for December. The budget deficit is forecast to widen to GBP 13.7 billion from GBP 11.25 billion in November.
RTTNews | 617 hari yang lalu
European Shares Seen Higher As Netflix Reports Record Subscriber Growth

European Shares Seen Higher As Netflix Reports Record Subscriber Growth

European stocks may open on a firm note Wednesday, with technology stocks likely to be in focus after Netflix Inc. reported its biggest quarterly subscriber gain in history and Trump announced a joint venture with OpenAI, Oracle and Softbank to invest billions of dollars in artificial intelligence infrastructure in the United States.
RTTNews | 617 hari yang lalu
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 617 hari yang lalu
Sensex, Nifty Rebound In Cautious Trade

Sensex, Nifty Rebound In Cautious Trade

Indian shares eked out modest gains in cautious trade on Wednesday after suffering heavy losses in the previous session on concerns over Trump's tariff stance, weak corporate earnings and continues foreign fund outflows.
RTTNews | 617 hari yang lalu
Asian Markets Track Global Markets Higher

Asian Markets Track Global Markets Higher

Asian stock markets are trading mostly higher on Wednesday, following the positive cues from global markets overnight, as optimism about a few interest rate cuts by the US Fed this year, and a drop in global bond yields. Markets in China and Hong Kong were down as the US administration was discussing a 10 tariff against China and said tariffs on China could hinge on a deal over TikTok's ownership.
RTTNews | 617 hari yang lalu

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