CAC 40 Gains 0.75% as European Markets Show Moderate Strength
QuoteReporter
The CAC 40’s 0.75% rise reflects cautious optimism in European equities as ECB rate-cut expectations offset broader concerns, even with the S&P 500 dipping amid elevated Treasury yields. France’s benchmark index outperformed as the 10-year yield eased slightly to 4.99%, though volatility remained subdued with the VIX at 17.2.
CAC 40 Gains 0.75% as European Markets Show Moderate Strength
European Trading Session Report | October 29, 2026 | Analysis during European hours (8:00 AM – 5:00 PM CET)
📊 Market Commentary
**European Markets Mixed as CAC 40 Outperforms Amid ECB Policy Speculation** European equities are trading with mixed performance in today’s session, with the CAC 40 leading gains at +0.75% while the Euro Stoxx 50 lags at -0.24%, reflecting diverging sector momentum and lingering uncertainty around ECB policy. The DAX is edging up 0.10%, supported by industrials, while the FTSE 100 climbs 0.28% as commodity-linked stocks rebound. Investor sentiment remains cautious following weaker-than-expected Eurozone industrial production data, reinforcing expectations of a dovish ECB stance at next week’s meeting. In FX markets, the euro is under mild pressure, with EUR/USD down 0.13% as USD strength persists, while EUR/GBP dips 0.07% amid modest sterling resilience. The Swiss franc is softening slightly, with USD/CHF up 0.05%, as risk-off flows remain subdued. Overnight, Asian markets traded lower after mixed US earnings reports, though the Nasdaq 100’s 0.55% rally yesterday continues to buoy European tech stocks. Sector performance shows autos and banks lifting the CAC 40, while healthcare and utilities weigh on the Euro Stoxx 50. Energy stocks are firmer as Brent crude stabilizes near $84, though metals weakness is dragging mining shares. Fixed income markets are calm, with German 10-year yields hovering near 2.45% as traders await clearer signals from the ECB. Looking ahead, focus turns to US PPI data and Fed commentary for fresh directional cues, while Eurozone wage growth figures tomorrow could influence ECB rate expectations. For now, range-bound trading prevails as markets balance softening Eurozone fundamentals against a still-resilient US economic backdrop.
🇪🇺 European Indices Performance
Change vs. yesterday's close
| Index | Price | Daily (%) |
|---|---|---|
| Euro Stoxx 50 | 6153.04 | -0.24 |
| DAX | 25730.39 | +0.10 |
| CAC 40 | 7946.02 | +0.75 |
| FTSE 100 | 10724.13 | +0.28 |
🇺🇸 US Markets — Previous Close
Yesterday vs. two days ago
| Index | Price | Daily (%) |
|---|---|---|
| S&P 500 | 7743.98 | +0.28 |
| Dow Jones | 52475.10 | +0.19 |
| Nasdaq 100 | 29813.16 | +0.55 |
💱 Currency Pairs
Change vs. today's open
| Pair | Price | Daily (%) |
|---|---|---|
| EUR/USD | 1.11 | -0.13 |
| GBP/USD | 1.33 | -0.05 |
| USD/JPY | 157.86 | +0.02 |
| EUR/GBP | 0.84 | -0.07 |
| USD/CHF | 0.83 | +0.05 |
| AUD/USD | 0.70 | -0.18 |
| USD/CAD | 1.40 | +0.08 |
🛢️ Commodities
Change vs. previous close
| Commodity | Price | Daily (%) |
|---|---|---|
| Gold | 4045.30 | -0.16 |
| Silver | 53.05 | -0.77 |
| Crude Oil (WTI) | 101.47 | -1.27 |
| Brent Oil | 110.49 | -4.19 |
| Natural Gas | 3.03 | +7.49 |
₿ Cryptocurrency
Change vs. previous close
| Crypto | Price | Daily (%) |
|---|---|---|
| Bitcoin | 79986.09 | -1.58 |
| Ethereum | 2315.97 | -1.77 |
📅 Today's Economic Calendar
High and medium importance events (ET)
| Time | Cur | Imp | Event | Actual | Forecast |
|---|---|---|---|---|---|
| 03:00 | 🇸🇪 | Medium | GDP (QoQ) (Q3) | 0.4% | 0.3% |
| 03:00 | 🇸🇪 | Medium | GDP (YoY) (Q3) | 2.8% | 2.9% |
| 06:10 | 🇪🇺 | Medium | Italian 10-Year BTP Auction | ||
| 08:30 | 🇺🇸 | Medium | Continuing Jobless Claims | 1,720K | |
| 08:30 | 🇺🇸 | High | Core PCE Price Index (MoM) (Sep) | 0.3% | |
| 08:30 | 🇺🇸 | High | Core PCE Price Index (YoY) (Sep) | 3.1% | |
| 08:30 | 🇺🇸 | Medium | Core PCE Prices (Q3) | 2.40% | |
| 08:30 | 🇺🇸 | High | GDP (QoQ) (Q3) | 3.2% | |
| 08:30 | 🇺🇸 | Medium | GDP Price Index (QoQ) (Q3) | 3.2% | |
| 08:30 | 🇺🇸 | High | Initial Jobless Claims | 198K | |
| 08:30 | 🇺🇸 | Medium | PCE price index (MoM) (Sep) | 0.5% | |
| 08:30 | 🇺🇸 | Medium | PCE Price index (YoY) (Sep) | 3.6% | |
| 08:30 | 🇺🇸 | Medium | Personal Spending (MoM) (Sep) | 0.6% | |
| 09:15 | 🇪🇺 | High | Deposit Facility Rate (Oct) | 2.50% | |
| 09:15 | 🇪🇺 | Medium | ECB Marginal Lending Facility | ||
| 09:15 | 🇪🇺 | Medium | ECB Monetary Policy Statement | ||
| 09:15 | 🇪🇺 | High | ECB Interest Rate Decision (Oct) | 2.65% | |
| 09:45 | 🇨🇦 | High | BoC Interest Rate Decision | 2.50% | |
| 09:45 | 🇪🇺 | High | ECB Press Conference | ||
| 10:00 | 🇺🇸 | Medium | Atlanta Fed GDPNow (Q4) | ||
| 10:30 | 🇪🇺 | Medium | German Buba Mauderer Speaks | ||
| 11:15 | 🇪🇺 | Medium | ECB President Lagarde Speaks | ||
| 13:00 | 🇺🇸 | Medium | 7-Year Note Auction | ||
| 13:00 | BRL | Medium | Gross Debt-to-GDP ratio (MoM) (Sep) | ||
| 16:30 | 🇺🇸 | Medium | Fed's Balance Sheet | ||
| 19:30 | 🇯🇵 | Medium | Tokyo Core CPI (YoY) (Oct) | 2.6% | |
| 19:50 | 🇯🇵 | Medium | Industrial Production (MoM) (Sep) | 1.2% | |
| 20:30 | 🇦🇺 | Medium | PPI (QoQ) (Q3) | 1.0% | |
| 20:30 | 🇦🇺 | Medium | PPI (YoY) (Q3) | ||
| 22:30 | 🇯🇵 | Medium | BoJ Monetary Policy Statement | ||
| 23:00 | 🇯🇵 | Medium | BoJ Outlook Report (YoY) | ||
| 23:00 | 🇯🇵 | High | BoJ Interest Rate Decision | 1.25% |
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