Paris Stock Exchange: the CAC 40 records a new historic closing record. The flagship Parisian index crossed the symbolic threshold of 7,800 points this Wednesday, for the first time since its launch in 1988.
A cocktail of favorable factors is helping to lift the market: “The euro is not very high compared to the dollar, we are starting to speculate on the idea that China will do better and that the European Central Bank will not has no reason to remain aggressive” on its monetary policy, explains Alexandre Baradez, IG analyst.