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CAC 40 Recovers From Slide To Trade Flat
(RTTNews) - French stocks recovered from an early slide to trade on a flat note Wednesday, as U.S. stock futures traded marginally higher a day after the steepest fall on Wall Street in two years.
The benchmark CAC 40 was marginally higher at 6,246 after closing 1.4 percent lower on Tuesday.
A cautious undertone prevailed as hotter-than-expected U.S. inflation data boosted bets that the Federal Reserve will stay aggressive in raising rates.
The increase in CPI now paves the way for the U.S. Federal Reserve to raise rates by 75-100 basis points in its next monetary policy meeting scheduled for next Wednesday.
Nomura analysts have called for a full percentage hike in short-term interest rates, citing the emergence of upside inflation risks.
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Sensex, Nifty Likely To Open On Cautious Note
Indian shares may open on a cautious note Wednesday after a slew of U.S. companies suspended or tweaked their full year guidance and Samsung Electronics flagged macroeconomic uncertainties due to trade tensions and a slowdown in global growth.
RTTNews
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18 минут назад
Thai Stock Market May Extend Winning Streak
The Thai stock market has moved higher in three straight sessions, gathering almost 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,170-point plateau and it may tick higher again on Wednesday.
RTTNews
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54 минут назад
Additional Support Expected For Indonesia Stock Market
The Indonesia stock market has moved higher in three straight sessions, advancing almost 140 points or 2.2 percent along the way. The Jakarta Composite Index now rests just beneath the 6,750-point plateau and it may extend its gains again on Wednesday.
RTTNews
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1ч 24мин назад
Japanese Market Slightly Higher
The Japanese stock market is trading slightly higher on Wednesday, extending the gains in the previous four sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving up to near the 35,900 level, with gains in exporters and financial stocks partially offset by weakness in automakers and technology stocks.
RTTNews
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1ч 28мин назад
Hong Kong Shares Tipped To Open In The Green
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had jumped more than 1,000 points or 4.5 percent. The Hang Seng Index now sits just above the 22,000-point plateau and it may add to its winnings on Wednesday.
RTTNews
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1ч 39мин назад
Australian Market Modestly Higher
Australian shares are trading modestly higher on Wednesday, adding to the gains in the previous four sessions, with the benchmark S&P/ASX 200 moving up to near the 8,100 level, following the broadly positive cues from Wall Street overnight, with gains financial and technology stocks partially offset by weakness in energy stocks.
RTTNews
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1ч 51мин назад
China Bourse Poised To End Losing Streak
The China stock market has finished lower in three straight sessions, sliding more than a dozen points or 0.4 percent along the way. The Shanghai Composite Index now sits just beneath the 3,290-point plateau although it may stop the bleeding on Wednesday.
RTTNews
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1ч 54мин назад
Taiwan Stock Market May Add To Its Winnings On Wednesday
The Taiwan stock market has finished higher in three straight trading days, gathering more than 750 points or 3.7 percent in that span. The Taiwan Stock Exchange now sits just above the 20,230-point plateau and it's tipped to open in the green again on Wednesday.
RTTNews
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2ч 24мин назад
