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CAC 40 Advances As Investors Eye Key Political, Central Banks Events
(RTTNews) - French stocks are up in positive territory in cautious trade on Monday as investors await monetary policy announcements from the Federal Reserve, the Bank of England and the Bank of Japan, as well as Ukraine peace talks this week.
The focus is also on Germany, where a vote on a crucial spending plan is coming up on Tuesday. The CDU/CSU coalition is expected to win the necessary majority to make constitutional amendments that would pave the way for some crucial reforms.
The benchmark CAC 40 is up 33.60 points or 0.42% at 8,061.88.
Veolia Environment is gaining 2.75%. BNP Paribas is up 2%, while Societe Generale, Credit Agricole and Stellantis are advancing 1.3 to 1.5%.
Dassault Systemes, Publicis Groupe, AXA, Air Liquide, Carrefour, Vinci, Essilor, Bouygues, Sanofi, Eurofins Scientific, Capgemini and Unibail Rodamco are up 0.4 to 1%.
L'Oreal, Kering, ArcelorMittal, Thales, Hermes International, Legrand and Orange are lower by 0.4 to 1%.
Canadian Dollar Eases Against Most Majors
Swiss Market Ends Sharply Lower
European Stocks Close Weak As Trade War Fears Hurt Sentiment
Canadian Market Remains Weak On Tariff Concerns
Bay Street Likely To Open Lower
Pound Falls As U.K. Economy Contracts For Second Straight Month
Wall Street Likely To Open On Weak Note
