CAC 40 futures in the red this morning

On Friday the CAC 40 played second fiddle to the DAX, but still closed out the week with a gain of 0.64% on the day. The index did make it above 7,800, peaking at 7,804, before later closing out the week at 7,791 (+49 points on the day). Right now this morning the CAC 40 futures are in the red and falling back a little further as this update is typed. Of course today is the final trading day of the month, quarter and half-year and that is likely to have an impact on the price action, when the index reopens in around 40 minutes. On the one hand the CAC 40 is immediately being supported by the wider ECB policy dynamic and outlook, but on the other still hampered by the really dire economic and political backdrop. To be honest, were it not for the record gains over the border in the DAX, it would not be up here in the first place. The index is just now priced to reopen around 7,767