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European Market Updates

CAC 40 Rises To 2-month High

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

The French stock market's benchmark index CAC 40 moved higher on Tuesday, extending recent gains, continuing to react positively to the news about U.S.-Iran peace agreement. Investors also looked ahead to the monetary policy announcements from the Federal Reserve and the Bank of England, due on Wednesday and Thursday, respectively.

The CAC 40, which moved on to new two-month high of 8,457.06 earlier in the session, was up 48.70 points or 0.58% at 8,432.71 a little while ago.

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Market Analysis

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.