Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Luxury good losses send CAC 40 below 7,600 on the opening
The luxury good sector is under pressure again in early European trading just after the opening. In Germany Hugo Boss is down by more than 10% on the opening. Burberry in the UK is close shedding another 3% and LVMH is lower too. Only Richemont was in the green this morning. In fact that is no longer the case as this update is written, Those stocks have weighed on the DAX, as it drops below 18,500 and towards 18,450. The CAC is under pressure of course too for the same reasons and add that to the growing political uncertainty and it forcing the CAC 40 towards 7,550 after a lower opening today
Market News
All News-
Bitcoin lifts above 84k as it continues to track tech and risk
As the US equity markets push higher again that has now seen the Nasdaq 100 lift above 19,600. Well, no surprise to see that this move has been... -
As expected Gold backs off from new all time high above $3000
As covered here earlier today, spot Gold rose above $3000 per ounce for the first time ever. Subsequent to the update covering that move, the metal... -
Dow Jones drops back after University of Michigan consumer sentiment index falls
The latest reading of the University of Michigan consumer confidence has just been released and it has missed badly on expectations. At the same time...
