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CAC, DAX forecast: EU stocks struggle amid political uncertainty as Wall Street hits records

In Europe, concerns about US tariffs, a struggling Eurozone economy and political uncertainty in France and Germany are continuing to hold back risk assets. France's CAC index is now nearly 6% lower on the year. The DAX forecast is also far from bullish, with a key drag being the European auto sector’s reaction to potential tariff threats.

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November 27, 2024 02:00 PM

Two trades to watch: GBP/USD, CAC40

GBP/USD looks to PMI data, financial stability report. CAC 40 rises ahead of PMI, French industrial production.

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July 5, 2022 09:45 AM

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Two trades to watch: GBP/USD, CAC

GBP/USD falls as stagflation fears rise. CAC rallies after the first round of the French elections.

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April 11, 2022 09:23 AM
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Two trades to watch: CAC, EUR/USD

CAC rises but is set for a weekly loss ahead of the French election. EUR/USD falls for a 7th day.

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April 8, 2022 09:20 AM
Energy

[Video] WTI Eyes a Break of 70, USD/CAD Points Lower Ahead of NFP

Another decent employment set supported oil prices overnight, seeing WTI probe 70 resistance ahead of today’s Nonfarm payroll report.

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Engie confirms 2020 outlook

Engie, the electric utility company, announced that 9-month current operating income dropped 27.9% on year to 2.8 billion euros.

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November 13, 2020 03:45 AM
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Renault may turn bullish if key chart hurdle falls

Renault, the carmaker, plans to cut 5,000 jobs in France by 2024, mainly through unreplaced retirements, as part of the €2 billion savings plan that the carmaker will present on Friday