CAC 40 falls 0.3% amid US-Iran ceasefire uncertainty
France’s CAC 40 drops 0.3% to close at 8,651 on Thursday as US-Iran accusations over efforts to secure a lasting ceasefire and reopen the Strait of Hormuz drive risk sentiment.
3% to close at 8,651 on Thursday amid conflicting signals over efforts to secure a lasting ceasefire between the US and Iran. Washington and Tehran traded accusations over a deal to reopen the strategically vital Strait of Hormuz, with the US saying Iran had failed to meet its obligations, while Iran countered that Washington had not delivered on ending a blockade of Iranian ports. High energy prices are expected to weigh more heavily on eurozone economies as large energy importers. 9% last month.
2%. 1%. 7%) gained as euro area industrial production came in slightly above forecasts.