Forex news

CAC Steadies After Starting Week With Losses, PMIs Next

The CAC index is showing little movement in the Tuesday session. Currently, the index is at 5,259.80, up 0.07% since the close on Monday. On the release front, German and eurozone confidence reports for February beat the forecasts, but were weaker than the January releases. German ZEW Economic Sentiment came in at 17.8, beating the …

Continue Reading
Forex news

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 …

Continue Reading
Forex news

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 …

Continue Reading
Forex news

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 …

Continue Reading