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CAC 40 set for a slightly higher opening this morning
Yesterday the CAC 40 once again led the gains for the major European stock markets. The index rose by 1.24%, eclipsing the 1.16% gain for the DAX and 0.61% for the FTSE 100. The CAC 40 put on 93 points yesterday to close at 7,632. The latter part of that rise was clearly assisted by the gains stateside and the record closes for the Nasdaq 100 and the S+P 500 have added to that momentum so far this morning. Hence, the CAC 40 is right now priced to reopen around 7,655, but that might change in the next 30 minutes. Of course the US markets are closed today and it is also important to note; that there are now just 2 more trading days before the second round of the French election (Sunday) so, there is still plenty of time for a last minute bout of nerves to impact this index ahead of the weekend
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The EUR/USD is on the rebound again just now. The gains come after it had earlier fallen to 1.0893. Subsequent to that fall the German Bundestag... -
US stock markets open lower this afternoon- check out the S+P 500 futures
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
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Gold rises above technical resistance to set a new record high this afternoon
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
