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Tag: France CAC 40

CAC Jumps on Strong Corporate Earnings

The CAC index has posted strong gains in the Thursday session. Currently, the index is at 5,241.75 up 1.47% since the close on Wednesday. On the release front, the eurozone trade surplus widened in December, climbing to EUR 23.8 billion. This beat the forecast of EUR 22.4 billion. US markets were higher on Wednesday, and […]

CAC Climbs on Strong German, Eurozone GDP Reports

The CAC index has posted strong gains in the Wednesday session. Currently, the index is at 5,155.30, up 0.91% on the day. It’s a busy day on the release front, with key releases in Germany, the eurozone and the US. In Germany Preliminary GDP posted a gain of 0.6%, matching the estimate. Eurozone Flash GDP […]

CAC Steady After US Markets Recover

The CAC index is showing limited movement in the Tuesday session, after posting small gains on Monday. Currently, the index is at 5,135.50, down 0.09% on the day. On the release front, French French Preliminary Payrolls edged up to 0.3%, beating the forecast of 0.2%. Wednesday should be busier, with key events in Germany and the […]

CAC Loses Ground as Global Sell-Off Continues

The CAC index has posted losses in the Friday session. Currently, the index is at 5124.00, down 0.54% on the day. On the release front, French Industrial Production came in at 0.5%, above the estimate of 0.1%. It’s been a tumultuous week for global stock markets, and the CAC has dropped 3.6% percent this week. […]

CAC Spiral Continues as Market Turbulence Continues

The CAC index has posted considerable losses in the Thursday session. Currently, the index is at 5205.00, down 0.97% on the day. On the release front, there are no data releases on the schedule. On Friday, France releases Industrial Production, which is expected to post a small gain of 0.1%. It’s been a tumultuous week […]

CAC Slides on Global Sell-Off

The CAC index has posted sharp losses in the Tuesday session. Currently, the index is at 5141.70, down 2.70% on the day. On the release front, there are no key indicators on the schedule. France’s deficit dropped sharply to EUR 67.8 billion, down from the previous reading of EUR 84.7 billion. This marked a 6-month […]

CAC Slides on US Inflation Concerns

The CAC index is down sharply in the Monday session. Currently, the index is at 5293.90, down 1.32% since the Friday close. On the release front, Eurozone and French Services PMIs improved in January, and both readings beat their estimates. Eurozone retail sales declined 1.1%, matching the forecast. Later in the day, ECB President Mario […]