CAC 40 Index - PX1 Quote

European stock markets are heading south, following on from losses in Asia. The selloff in tech stocks which occurred in the U.S. continued on Friday fueled by Amazon’s report of a drop in profits. Earnings reports also weighed on the CAC 40 after Renault missed estimates and added to the woes of automakers. The failure … Continue reading Technology Stocks and Earnings Weigh on European Shares

The Euro soared and yields rallied as European stock markets moved lower across the board following comments from the ECB’s Draghi. Risk appetite waned after some disappointing U.S. data Monday, which rekindled concern about the health of the global recovery and Asian markets closed mixed: Nikkei and CSI 300 managed to move higher, while Hang … Continue reading The Euro Rises Sharply Following Draghi’s Hawkish Comments

European stock markets are moving higher, led by France’s CAC 40, which gained 1.0% after Macron’s convincing victory in the parliamentary election, which should give the new President a good chance to implement his reform program. After a volatile week that saw confidence hit by the double whammy of disappointing data releases and more hawkish … Continue reading Macron Victory in Parliament Helps CAC Surge More than 1%

European stock markets are lower, as risk aversion picks up again. Misleading headlines on Greece, Italian election rumors and Draghi’s dovish comments on the Eurozone economy have all undermined confidence in the Eurozone and weighed on the EUR, as well as stock and bond markets. Today it is the CAC 40 that is leading Eurozone … Continue reading Stocks Slip as Sentiment Slides as Draghi Continues Dovish Tone