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CAC 40 Down Over 0.5% Ahead Of ECB Policy Announcement

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

French stocks slipped on Thursday, extending losses to a fifth straight session, amid lingering concerns about the Middle East conflict. In addition to digesting the regional economic data and corporate earnings updates, investors also looked ahead to the European Central Bank's monetary policy announcement later in the day.

The benchmark CAC 40, which dropped to 7,957.83 earlier, was down 45.03 points or 0.56% at 8,027.62 nearly half an hour past noon.

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Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

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