France's equity benchmark CAC 40 drifted lower on Tuesday as fading hopes for a U.S.-Iran peace deal and rising oil prices weighed on sentiment. U.S. President Donald Trump said the fragile ceasefire between Washington and Tehran was on "massive life support," raising fresh doubts over the chances of a lasting truce.Brent crude futures climbed to $107.60 a barrel, gaining nearly 3%The CAC 40, whic...
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.