CAC 40 Edges Lower As Oil Prices Climb
French stocks declined on Thursday as oil prices climbed to the highest in a year, underpinning bond yields and raising fears of further interest rate hikes in the U.
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French stocks declined on Thursday as oil prices climbed to the highest in a year, underpinning bond yields and raising fears of further interest rate hikes in the U.
European stocks look set to open a tad higher on Tuesday as investors look ahead to the release of key U.S. inflation and other macroeconomic indicators this week ahead of the Federal Reserve's interest-rate decision due September 20.
French stocks fell on Friday, with concerns over increasing Sino-U.S. tensions, slowing global growth and uncertainty over the path of U.S. monetary policy keeping investors nervous.
French stocks were seeing modest gains on Thursday despite signs of weakening growth in China and Europe and uncertainty over interest rates. The benchmark CAC 40 was up 0.
European stocks are seen opening mostly higher Monday on growing hopes the U.S. can achieve a soft landing. Trading volumes, however, are likely to remain thin due to the Labour Day holiday in the U.