French stocks at record high as European equities maintain the optimism

  • The CAC 40 climbs to fresh highs for the year and a new record high
CAC40

Despite there being the key risk event in the form of the US CPI data later today, European equities are seeing reason for optimism in trading today. It's been a while coming now for regional stocks, only to have been dealt a bit of a setback from the banking turmoil last month.

The CAC 40 is now up by over 0.4% today and is at fresh record highs, hoping to secure a stronger breakout momentum.

Elsewhere, the DAX is also trading at the highs for the year as it is up by 0.3% to 15,705 and hoping to close above the 7 March high of 15,706 in order to set the platform for an upside break.

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