CAC 40 Dips As Investors Weigh Political Risk
(RTTNews) - French stocks traded slightly lower on Wednesday as investors watched the latest political developments in the country.
The risk premium on French bonds held steady despite lingering worries about the country's debt path and fiscal situation.
National Rally leader Jordan Bardella said he will not become prime minister if his party doesn't get a resounding victory in France's snap election.
Polls indicate Marine Le Pen's party is best placed to become the largest group in the National Assembly, but projections show the party is set to fall short of an outright majority.
The benchmark CAC 40 was down 33 points, or 0.4 percent, at 7,596 after gaining 0.8 percent in the previous session.
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The pound rose against its major counterparts in the New York session on Tuesday.
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Indian Rupee Hits Record Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the European session on Tuesday.
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Sensex, Nifty Reverse Course To End Lower
Indian shares fluctuated before ending on a flat note Tuesday ahead of the Christmas holiday.
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European Shares Edge Higher Ahead Of Christmas Break
European stocks edged higher in cautious trade on Tuesday ahead of Christmas break.
The German DAX is not trading today while the FTSE 100 and CAC 40 will close early for Christmas Eve.
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FTSE 100 Edges Higher In Thin Holiday Trade
U.K. stocks were moving higher on Tuesday in thin-shortened trading session for Christmas Eve.
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