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European Market Updates

CAC 40 Rises Sharply As Earnings, U.S.-Iran Peace Deal Hopes Lift Sentiment

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

French stocks climbed higher on Wednesday, lifted by some strong earnings updates, and hopes of a U.S.-Iran peace deal following U.S. President Donald Trump's announcement of a temporary suspension of "Project Freedom" in order to resume negotiations with Iran.

The CAC 40, which climbed to 8,280.71 earlier this morning, was up 191.36 points or 2.37% at 8,253.67 a few minutes ago.

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Market Analysis

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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