CAC 40 Marginally Higher In Early Trade

French stocks rose slightly on Tuesday after falling sharply the previous day amid increasing trade tensions between the U.S. and its trading partners.


Closer home, the Trump administration proposed to slap punitive duties of up to 100 percent on $2.4 billion (£1.87 billion) in imports of French Champagne, handbags, cheese and other products, saying a new French tax that hit American technology companies discriminated against the United States.


The benchmark CAC 40 was up 6 points, or 0.1 percent, at 5,792 after losing 2 percent on Monday.


Luxury stocks fell the most, hit by the U.S. tariff threat. LVMH dropped 1.5 percent, Kering and Hermes International all fell around 1.5 percent.


Elsewhere, Asian markets fell broadly on fresh concerns about global trade while U.S. stock futures nudged higher.




0 views
Logo

MONEY
MOVING

by WooHoo Ireland

+353-214-651-000

Woooo Fx Education

Camden Street Lower, St Kevin's, Dublin 2, Ireland D 02 XE 80 | +353-214-651-000 |info@woohooai.com

currency hedger logo_small.png
woohoo fx eu_gdpr_compliant_logo.png

Trading in leveraged currency contracts comes with substantial risk. You must be aware of these risks before opening an account to trade. High leverage amplifies gains as well as losses, leading to potential loss of the entire account balance. Trading in leveraged currency contracts may not be suitable for every investor. Never speculate using money that you cannot afford to lose.

© 2019 by WoOHOo Fx. Proudly created with WoOHoO AI Ireland

  • Facebook
  • Twitter
  • LinkedIn
  • Instagram