Forex
French Stocks Recover Amid ECB Anticipation and Middle East Tensions
The French stock market rebounded on Thursday after a near three-month low the previous session. The CAC 40 index rose 0.3% to 8,179.
Investors were waiting for the European Central Bank's interest rate decision later in the day, and while a 25 bps rate hike is widely expected, they are focused on guidance regarding future monetary policy.
Risk sentiment remains fragile due to oil prices staying elevated after Iran signaled its readiness for a more intense conflict, as well as US President Donald Trump's statement that the war was unlikely to end before the November midterm elections.