{
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}
French Stocks Struggle Amid Political Crisis and Poor Financial Outlook
French stocks are facing ongoing challenges after a brief relief rally, with the CAC 40 Index down 1.5% this year, marking its worst performance relative to other European markets in over a decade. The political crisis stemming from President Macron's snap election call in June and strained public finances are likely to deter long-term investors.
Bloomberg.com
Euro CAC 40 Index FRA Emmanuel Macron
Finance & Economy, Market Report
10:11 07.12.2024
European indices face pressure with FTSE 100 and DAX 40 struggling
The FTSE 100 trades sideways below this week's high of 8,319, supported by the 55-day SMA at 8,231, with resistance seen between 8,326 and 8,372. The DAX 40 attempts to break its downtrend at 19,438, aiming for highs of 19,546 to 19,566, while support lies at 19,226 and 19,144. The CAC 40 hovers above critical support at 7,091, with minor support between 7,158 and 7,131, and a rise above 7,207 could target the downtrend line at 7,262.
IG
DAX 40 Index HSBC FTSE 100 Index S Inc CAC 40 Index GBR FRA DEU Show more
TradFi, Market Report
10:10 29.11.2024
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