CAC 40

Key insight

8,100 round number and 50-day MA (~8,080) form the critical bull-bear line. Hold above both and the index can probe 8,300; lose them and 7,900 opens fast.

Holds 8,148 but stalls below 8,200 resistance — EUR/USD at 1.1575 pressures exporter earnings while Brent at $99.4 squeezes margins across energy-heavy CAC constituents.

Main risk

Brent crude surge to $99.4/bbl

Oil +2.3% today — CAC energy importers face margin squeeze; sustained $100+ pass-through hits consumer staples and industrials hard.