French stocks advanced on Thursday ahead of a European Central Bank (ECB) policy meeting later in the day.
In a prelude to an expected Fed move next week, the ECB is expected to cut its baseline interest rate from 4.25 percent to 4 percent due to falling inflation and sluggish growth.
Markets will focus more on comments by ECB President Christine Lagarde to confirm if further rates are to follow in October and December.
The benchmark CAC 40 was up 42 points, or 0.6 percent, at 7,439 after closing 0.1 percent lower the previous day.
The dollar firmed up after August U.S. CPI came in as expected, but core CPI inflation unexpectedly rose to 0.3 percent month-on-month, denting hopes for a 50-bps rate cut at next week's FOMC meeting.
Market Analysis
作者：RTTNews Staff Writer，文章來源RTTNews，版權歸原作者所有，如有侵權請聯繫本人刪除。
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
暫無評論，立馬搶沙發