CAC 40

Key insight

8,086 sits in the 8,000–8,200 compression zone. Break below 8,000 round number opens a retest of the 200-day MA near 7,880; only a close above 8,200 flips the short-term bias back to bullish.

Drops 1.22% to 8,086 — DAX and FTSE both down ~1%, confirming broad European selling. CAC holds above 8,000 but rejected at 8,200 resistance, keeping the near-term trend pointed lower.

Main risk

EUR/USD at 1.1466, ECB rate path

Strong euro compresses CAC exporters' earnings; ECB holding rates elevated while growth slows tightens the squeeze on luxury and auto names.