After moving higher early on in the session, France's equity benchmark CAC 40 retreated Thursday morning with investors turning a bit cautious amid concerns some major central banks, including the Federal Reserve will hike interest rates this year.
The positive start as geopolitical tensions eased following Iran and the U.S. signing an interim peace agreement, that includes the reopening of the Strait of Hormuz, a $300 million reconstruction program for Iran and the removal of all US sanctions.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.