Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Prospect of a new CAC 40 record totally derailed by US markets
Some days back, last week the CAC 40 came very close to rising to a new all time high. The CAC 40 futures had at one stage priced it to rise above 6,300. Well, in the event, when it comes to live trading the index was unable to match that and it stalled short of the record it set last year, at 8,259. The index had opened yesterday at 8,161 after closing on Friday, at 8,120. The slide in US stocks ensured that 2024 record high remained elusive again. The CAC fell back close to the 8k handle. The low seen was set at 8,039. The index closed yesterday at 8,047. The CAC 40 futures were pricing an opening towards 7,965 after the close yesterday, but that outlook has improved since then. The index is right now priced to reopen around 8,075, but it increasingly looks like the French stock market index might have blown it chances of another record for the time being
Market News
All News-
BOE boss continues to add caution over UK inflation- EUR/GBP on course for a negative daily close
Following the Bank of England decision to leave interest rates unchanged at 4.5%, the BOE governor, Andrew Bailey has been speaking this afternoon... -
S+P 500 back above 5,700 this afternoon
At one point earlier today when the S+P 500 futures were pricing an opening close to 5,625, it seemed unlikely they might push back above 5,700 this... -
US stocks kick off in the red but opening losses pared- check out the Nasdaq 100 now
The US stock markets have not long ago opened for live trading and it has been an across the board lower start to the new trading session. The dollar...
