French Stocks Little Changed Ahead of Key Inflation Data
4/3/2024 1:29:10 PM
Trading economics-

The CAC 40 was slightly up, trading around 8,140 on Wednesday, as investors exercised caution while awaiting the Eurozone's preliminary inflation data, which could influence expectations regarding the timing of the ECB's first interest rate cut, alongside unemployment data later in the day. Additionally, attention was directed towards insights from key Fed officials, which could provide further clarity on the trajectory of global monetary policies. On the corporate front, shares of Thales were rising approximately 1.1% in the index, following the completion of its acquisition of Cobham Aerospace Communications, marking a significant move for the French electronic defense company. Conversely, ArcelorMittal, Unibail Rodamco, Alstom, WordLine, and Teleperformance SE emerged as the major decliners, with losses ranging from 1% to 2%.