France’s CAC 40 index briefly hits record high as European stocks continue to sizzle

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<p style=““ class=“text-align-justify“>The high roughly 10 minutes ago hit 7,387.29, which eclipses that seen in January last year, and marks a new record high for France’s benchmark stock index. This continues to reaffirm that there really needs to be a distinction between European and US equities at the moment as the optimism in the former continues to run high.</p><p style=““ class=“text-align-justify“>The record high for the CAC 40 comes after we also saw a record high climb – which is continuing to run now – for UK’s FTSE 100 index. Next in line seems to be Germany’s DAX, which is now about 4.4% below its own record high. That seems like a stretch but so does saying that we could see a 12% move in seven weeks, which we are seeing since the turn of the year.</p>

This article was written by Justin Low at www.forexlive.com.

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