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FRA40 Bullish Setup With Clear Targets AheadTHIEF TRADE SETUP — CAC 40 / France 40 Index CFD 📊 (Day Trade & Swing Trade Opportunity) 🎯 "The Market is the Battlefield. The Chart is the Map. The Thief Knows Both." 🗺️💰 ⚔️ ASSET: France 40 Index CFD — CAC 40 (Cotation Assistée en Continu) The CAC 40 is the flagship benchmark index of Euronext Paris, tracking the 40 largest and most liquid blue-chip companies listed on the exchange by free-float market capitalisation. Heavyweights include LVMH, Hermès, TotalEnergies, Airbus, BNP Paribas, Schneider Electric, and Safran — making this index one of Europe's most globally sensitive and exciting markets to trade. 🇫🇷💼 📌 TRADE BIAS: Bullish Setup (Breakout Strategy) 🟢 ENTRY ZONE — Any Price Level After the Breakout Confirmation @ 8,275 Don't rush in, Thief OG's! 🧠 Let the price break and hold above the 8,275 level with momentum confirmation. Entry on a candle close above the level or on a successful retest of 8,275 as new support. Volume confirmation is your green light 🚦. Patience is a weapon — use it. 🎯 PROFIT TARGETS — Escape Before the Trap Triggers! 🎯 Target 1 — 8,450 🔔 This zone carries a cluster of strong institutional resistance, overbought pressure signals, and historically tested supply walls. Price has previously reversed sharply from this area — consider scaling out or taking full profit here if momentum stalls. Smart money doesn't wait for perfection. 💸 🎯 Target 2 — 8,575 🔥 The extended target for swing traders riding the full momentum wave. This level aligns with previous structural highs and liquidity pools. However, be cautious — reversal traps, stop hunts, and bull exhaustion signals may emerge rapidly near this zone. 🚨 ⚠️ NOTE from the Thief 🥷: Dear Ladies & Gentlemen (Thief OGs) — these targets are NOT commandments. They are guideposts on your treasure map 🗺️. You make the money, you take the money — at your own risk, on your own terms. Every trader's risk appetite is their own crown. Wear it wisely 👑. 🛑 STOP LOSS — Thief's Safety Net @ 8,150 Place your stop loss at 8,150 ONLY after breakout confirmation is clearly established above resistance. A premature stop is a gift to the market makers. Wait for structure — don't feed the sharks 🦈. ⚠️ NOTE from the Thief 🥷: Dear Ladies & Gentlemen (Thief OGs) — the stop loss level is a guide, not a gospel. Manage your position size. Protect your capital. Live to trade another day. Risk management is the only strategy that never fails. 🔐 📊 RELATED PAIRS TO WATCH (USD-Denominated & Correlated Markets) 🔗 EUR/USD — The euro's strength or weakness directly impacts CAC 40 export competitiveness and the valuation of French multinationals in global terms. A strengthening euro can compress earnings for luxury and industrial exporters. Watch 1.0800 and 1.1000 as key structural levels. If EUR/USD weakens, CAC 40 exporters like LVMH, Airbus, and TotalEnergies may see earnings tailwinds. 🔗 USD/CHF — As a safe-haven pair, USD/CHF inversely signals European risk appetite. Risk-on moves typically weaken CHF and support European equities including the CAC 40. Monitor this pair for confirmation of broader European bullish momentum. 🔗 Brent Crude Oil (UKOIL/USD) — This is the most critical correlation for the CAC 40 right now. TotalEnergies carries significant index weight, and energy price spikes directly affect France's inflation trajectory, ECB policy flexibility, and the earnings outlook for industrials and airlines on the index. Oil above $100/bbl = headwind for CAC 40 sentiment. 🔗 DAX 40 (Germany 40 / GER40 in USD terms) — The DAX is the CAC 40's closest European sibling. Both indices share deep economic ties through eurozone monetary policy, trade flows, and investor risk appetite. A bullish DAX breakout typically confirms or precedes CAC 40 strength. 🔗 EURO STOXX 50 (EU50/USD) — The pan-European blue-chip index, of which CAC 40 components form a major constituent weight. EU50 direction is a macro confirmation tool for France 40 directional bias. 🔗 Gold (XAU/USD) — Risk-off gold rallies can signal deteriorating sentiment across European equities. If gold surges aggressively, it often foreshadows CAC 40 weakness. Inversely, gold pullbacks aligned with equity strength confirm the bullish bias. 🌍 LIVE FUNDAMENTAL & MACRO FACTORS — What the Market is Saying Right Now 📰 🏦 ECB Monetary Policy — HOLD Mode, Data-Dependent Stance The ECB's main refinancing rate currently stands at 2.15%, the deposit facility rate at 2.0%, and the marginal lending rate at 2.40%. TRADING ECONOMICS The ECB has held rates unchanged for consecutive meetings and flagged that the Middle East war has significantly increased uncertainty, creating upside risks for inflation and downside risks for economic growth. European Central Bank The central bank is operating meeting-by-meeting with no pre-committed rate path — meaning any surprise data can reprice European equities swiftly. Rate cut hopes are currently subdued. ⚡ Eurozone Inflation & Growth Projections ECB staff project headline inflation averaging 2.6% in 2026, 2.0% in 2027, and 2.1% in 2028 — revised upward, especially for 2026, due to energy prices driven by the Middle East conflict. GDP growth is projected at just 0.9% in 2026, 1.3% in 2027, and 1.4% in 2028 — a downward revision reflecting global commodity market disruption and weakened confidence. European Central Bank 🛢️ Middle East Geopolitical Risk — The Elephant in the Room The CAC 40 recently fell amid uncertainty over the US ceasefire extension with Iran. The Strait of Hormuz remained largely closed with no signs of renewed US-Iran negotiations, while oil prices rose on reports of attacks on container ships — fueling fears of energy-driven stagflation and potential rate hikes. TRADING ECONOMICS This is the single biggest macro risk variable for the CAC 40 right now. 💎 Luxury Sector Pressure — Index Heavyweight Watch Luxury stocks declined on risk aversion, with LVMH down 2.4% and Hermès losing 1.8% TRADING ECONOMICS in recent sessions. Luxury names form a disproportionately large slice of the CAC 40's weighting, making Chinese consumer sentiment and global discretionary spending trends critical tracking metrics alongside geopolitical developments. ✈️ Industrials & Defence — Mixed Signals The industrial sector posted losses, with Airbus falling 2.5% and Safran shedding 3.5% TRADING ECONOMICS recently, while defence names remain supported by European rearmament budgets. Thales continued to draw buying interest as investors looked for relative safe havens within the French equity space. Bbn Times 📈 52-Week Range Context The CAC 40's 52-week range spans from 7,218.30 at the low to 8,642.23 at the high, with today's opening price around 8,265.27. Investing.com The index is trading in a critical mid-range zone — neither at historic highs nor in deep distress — which makes the 8,275 breakout level technically significant as a momentum trigger. 📅 UPCOMING MACRO EVENTS TO WATCH (London Time 🇬🇧) Watch the economic calendar closely for: Eurozone CPI Flash Estimates, ECB President Christine Lagarde speeches, French PMI releases, US–Iran diplomatic developments, Brent crude inventory reports (EIA/API), and Q1 2026 earnings from CAC 40 heavyweights including L'Oréal, Kering, and Société Générale. THIEF TRADER STYLE — Wisdom, Motivation & Street Code 💬 "A real thief doesn't steal from the market — they let the market reveal its secrets and simply collect what was always theirs." 🔮 "Entry without confirmation is gambling. Entry with confirmation is craft. Know the difference." 🎯 "The stop loss is not your enemy — it is your bodyguard. Respect it." 🛡️ "Markets reward patience, punish greed, and destroy arrogance. Stay humble. Stay sharp." 🧘‍♂️⚔️ "You are not here to predict. You are here to react — faster, smarter, and calmer than everyone else in the room." 🥶📉📈 "Take your profits like a professional thief — clean, quiet, and without looking back." 💰🏃‍♂️ Stay legendary, Thief OG's 🏴‍☠️🥷 — Trade smart, protect the bag, and see you at the next setup. Like 👍 | Follow 🔔 | Share 🔗 — If this idea adds value to your trading journey, show some love and let's grow this trading family together! 💪🔥
FX:FRA40Long
by The-Thief
Euro strengthens even as French Government collapses The EURUSD is pushing multi-month highs and stretching toward the next upside target at 1.1769 (July 27 high). Momentum indicators are also backing the move. RSI on the hourly chart has pushed into bullish territory without yet being overextended, leaving room for further gains. A sequence of higher lows forming potentially reinforces the bullish bias. Price is also trading firmly above its short-term moving averages, with the 20-hour average acting as potential dynamic support since the breakout on September 7. This is all occurring as French Prime Minister Francois Bayrou and his centrist minority government were ousted in a confidence vote in France’s National Assembly on Monday. France is the second largest economy in the Eurozone after Germany.
by BlackBull Markets
Scholz and Macron: Europe, arms for Ukraine Recently, German Chancellor Olaf Scholz and French President Emmanuel Macron reiterated their commitment to providing military aid to Ukraine. This decision comes at a crucial time, with the conflict continuing to profoundly affect the global economy and geopolitics. ### Implications for the war and Europe Scholz and Macron's choice to continue with military supplies underscores Europe's determination to support Ukraine against Russian aggression. However, this stance could escalate tensions with Moscow, which has already expressed its displeasure. The war in Ukraine has already had a significant impact on the European economy, with energy prices rising and supply chains disrupted. Continuing to supply weapons could prolong the conflict, but could also strengthen Europe's position as a key player in defending democratic values. ### Impact on Forex The news has significant implications for the Forex market. Several currency pairs could be significantly affected: - **EUR/USD**: The euro could come under pressure due to economic uncertainties and Europe's exposure to the conflict. On the other hand, the US dollar could strengthen due to its safe-haven status. - **USD/RUB**: The Russian ruble could see further depreciation due to geopolitical tensions and potential new Western sanctions against Russia. - **EUR/GBP**: The euro-sterling relationship could be affected, with the euro under pressure and the pound showing relative stability, as the UK is less directly exposed to the conflict. - **USD/CHF**: The Swiss franc, traditionally considered a safe-haven asset, could also strengthen against the US dollar in the event of further escalations. - **AUD/USD and CAD/USD**: Commodity currencies such as the Australian and Canadian dollars could see increased volatility, as natural resource markets remain affected by the conflict. ### Conclusion Scholz and Macron’s decision to continue supplying weapons to Kiev is a strong signal of European solidarity, but it brings with it significant challenges. Forex investors should carefully monitor the listed currency pairs and geopolitical developments, as volatility could offer opportunities, but also risks.
by Andrea_Russo_SwipeUP
Can France’s Economy Defy Gravity?The CAC 40, France’s flagship stock index, showcases the nation’s economic strength, driven by global giants like LVMH and TotalEnergies. With their vast international presence, these multinational corporations provide the index with notable resilience, allowing it to endure domestic challenges. However, this apparent stability masks a deeper, more intricate reality. Beneath the surface, the French economy grapples with significant structural issues that could undermine its long-term success, making the CAC 40’s performance both a symbol of hope and a point of vulnerability. France confronts multiple internal pressures that threaten its economic stability. An aging population, with a median age of 40—among the highest in developed nations—shrinks the workforce, increasing the burden of healthcare and pension costs. Public debt, projected to hit 112% of GDP by 2027, restricts fiscal flexibility, while political instability, such as a recent government collapse, hampers essential reforms. Compounding these issues is the challenge of immigration. France’s immigrant population, particularly from Africa and the Middle East, faces difficulties integrating into a rigid labor market shaped by strict regulations and strong unions. This struggle limits the nation’s ability to leverage immigrant labor to offset workforce shortages while straining social unity, adding further complexity to France’s economic challenges. Looking forward, France’s economic future hangs in the balance. The CAC 40’s resilience offers a buffer, but lasting prosperity depends on tackling these entrenched problems—demographic decline, fiscal constraints, political gridlock, and the effective integration of immigrants. To maintain its global standing, France must pursue bold reforms and innovative solutions, a daunting task requiring determination and foresight. As the nation strives to reconcile its rich traditions with the demands of a modern economy, a critical question looms: can France overcome these obstacles to secure a thriving future? The outcome will resonate well beyond its borders, offering lessons for a watching world.
INDEX:CAC40Short
by UDIS_View
EUROPEAN DEFENCE STOCKS SURGE AMID NATO SPENDING DEBATEEUROPEAN DEFENCE STOCKS SURGE AMID NATO SPENDING DEBATE (1/8) Big News: European defence shares soared on Monday 📈🔥, with growing expectations of increased military spending. This rally follows renewed U.S. pressure (re-elected President Trump) calling for NATO allies to ramp up defence budgets to 5% of GDP—far above the usual 2%. Let’s break it all down! 🚀 (2/8) – STOCKS IN FOCUS • Rheinmetall (Germany): +9% (Frankfurt) 💥 • BAE Systems (UK): +5% (London) 🇬🇧 • Thales (France): +4% (Paris) 🇫🇷 • Dassault Aviation: +4% 🛩️ • Kongsberg Gruppen (Norway): +3% 🔧 • Rolls-Royce: +2% 🚀 Stoxx Europe Aerospace and Defence Index hit a 30-year high 🎉 (3/8) – WHY THE SURGE? • EU leaders consider relaxing fiscal rules for bigger defence budgets 💶 • President Trump demands NATO allies go for 5% of GDP 🏛️ • NATO Secretary General Mark Rutte suggests a new target >3% GDP, warning about Russia’s rapid military buildup 🏴‍☠️ (4/8) – GEOPOLITICAL CONTEXT • Russia’s war in Ukraine (nearing 4th year) pushes EU to reassess capabilities ⚔️ • IISS report: Russia’s defence spending surpasses Europe’s combined 💥 • U.S. threatens troop reductions unless Europe meets higher spending goals 🗽 (5/8) – POLICY SHIFT IN BRUSSELS • EU might tweak Stability and Growth Pact—exempt certain defence costs from debt caps 🏛️ • “Dual-use” infrastructure (e.g., shelters) reclassified as defence, bypassing strict borrowing limits ⚙️ • Emergency meeting in Paris: Macron + von der Leyen open to flexing EU budget rules for a military surge 🇪🇺 (6/8) – INVESTOR OPTIMISM VS. CHALLENGES • Many EU nations already beyond debt thresholds—3% or 5% GDP on defence = tough choices 📉 • S&P Global warns big defence boosts could threaten credit ratings 📢 • Germany’s €100B special fund ends 2028; France’s deficit hits 6.6% of GDP by 2025—both face fiscal strain 😬 (7/8) – OPPORTUNITIES FOR EUROPE’S DEFENCE INDUSTRY • Bigger budgets = a wave of investment in European-made weapons 💸 • EU’s €1.5B Defence Industry Programme aims to strengthen the bloc’s military capacity 🇪🇺 • Analysts predict a robust outlook for companies like Rheinmetall, BAE, Thales, etc. 🤝 (8/8) – FINAL TAKEAWAY Investors are betting on a more militarized Europe 🌍, poised to spend big under NATO pressure and looming threats. Balancing fiscal rules with security needs is a tall order, but for defence stocks, it’s their moment to shine. Stay tuned: the NATO summit in June could solidify spending targets—and shape Europe’s defence future! 💪
ICMARKETS:STOXX50
by DCAlpha
1
FRA40 / CAC 40 "FRANCE 40" Index Market Bullish Heist Plan Hello!! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist FRA40 / CAC40"FRANCE 40" Index Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback. Stop Loss 🛑 : Recent Swing Low using 4H timeframe Target 🎯 : 7,640.00 Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support, Like and follow our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
ACTIVTRADES:FRA40Long
by The-Thief
1
Euro plummets amid tariff threats and political turmoilEUR/USD has dropped over 0.6% to $1.04607, reflecting ongoing geopolitical tensions and economic uncertainty in the Eurozone. In November, the euro experienced a 3% decline, its worst monthly performance in over a year, raising concerns about parity with the US dollar. Trump's recent threats to impose 100% tariffs on countries moving away from the US dollar have further pressured the euro. Meanwhile, the European Central Bank's dovish signals, including potential rate cuts of up to 50 basis points in December, add to the euro's challenges. On the other hand, the US dollar index has risen nearly 1% to 106.7, bolstered by strong economic indicators like the ISM Manufacturing PMI. As traders digest these developments, the EUR/USD may continue to face downward pressure. Share your insights on how these factors could shape the pair's trajectory in the coming weeks.
by tastyfx
Will Religious Tensions Reshape Europe's Financial Future?Europe stands at a critical crossroads where religious tensions are silently transforming its financial landscape, with the CAC 40 emerging as a crucial barometer of this unprecedented shift. What many market analysts initially dismissed as temporary social friction has evolved into a fundamental force reshaping investment strategies and corporate valuations. The extraordinary security measures deployed for the France-Israel football match – requiring 4,000 police officers – signals a new reality that transcends simple event management, pointing to deeper structural changes in how European markets must operate in an increasingly divided society. The continent's financial centers are witnessing a profound transformation as religious tensions ripple through market fundamentals. In France, where Europe's largest Jewish and Muslim populations intersect, companies are frantically adapting their business models to navigate these uncharted waters. Traditional valuation metrics are proving inadequate as firms face rising security costs, shifting urban demographics, and evolving consumer behaviors driven by religious and cultural dynamics. This new paradigm forces investors to consider whether Europe's markets have entered an era where social cohesion rivals financial metrics in importance. The emerging religious divisions in Europe represent more than a social challenge – they're reshaping the very foundation of market analysis. As witnessed in recent events across Amsterdam, Paris, and other major cities, what begins as cultural tension quickly translates into market volatility, altered consumer patterns, and revised risk assessments. Forward-thinking investors are now recognizing that success in European markets requires a sophisticated understanding of religious and cultural dynamics, marking a revolutionary shift in investment strategy. The CAC 40's journey through these turbulent waters may well predict how global markets will adapt to a world where religious tensions increasingly influence economic outcomes.
EURONEXT:PX1Short
by MorMedia
EUR/USD gains ground despite French election shockerThe euro has started the week with gains and is trading at 1.0836 in the European session, up 0.33% on the day. EUR/USD is coming off its best week of the year, gaining 1.19%. France has been on a political roller over the past two weeks and the wild ride isn’t over yet. President Macron called a snap election in June after European parliamentary elections saw the far-right make strong gains. Macron gambled that frightened French voters would support his centrist coalition, but things didn't quite work out that way. France went to the polls twice in two weeks and each round of voting brought a stunning result. In the first round, Mary Le Pen’s far-right National Rally party won the most votes and seemed well on its way to becoming the largest party in parliament and perhaps even winning a majority. The second round brought its own surprise, as the left-wing alliance won the most seats, followed by Macron’s centrist alliance, with National Rally placing third. As the dust settles from Sunday’s vote, the political system is in gridlock, with no clear winner. The left-wing alliance fell short of a majority and Macron must now pick a prime minister who will be tasked with forming a government. This could mean a minority government or an unwieldy coalition, either which could usher in a period of instability. Despite the political uncertainty, the financial markets are steady, likely in a sign of relief that fears of a Le Pen majority did not materialize. The French stock market is steady on Monday and the euro has posted gains. It has been a good start to the week, but investors will be keeping close tabs on the fallout from France’s remarkable election. There is support at 1.0797 and 1.0752 1.0884 and 1.0929 are the next resistance lines
by OANDA
French election shock: What will FX markets say? France is on the brink of a hung parliament, with the left-wing coalition capturing the most seats in a stunning upset over Marine Le Pen’s National Rally. Obviously, the forex markets are closed on the weekend. So will be interesting to see the reaction to these shock election results in France on the EUR/USD and EUR/GBP when the market opens. Regardless of whether the market thinks this turn of events is good for France or the Eurozone as a whole, this might be trumped by its dislike of surprises. The left-wing alliance, projected to win between 180 and 215 seats in the 577-seat National Assembly, outpaced President Macron’s liberal bloc, which is forecast to secure 150-180 seats. The far-right National Rally, led by Le Pen, and its allies are anticipated to hold 120-150 seats. Le Pen's National Rally led in the first round of voting last week and aimed to achieve a historic majority. However, strategic voting and alliances among left-wing parties have thwarted her efforts. Le Pen’s ties to Russia, including past opposition to EU sanctions, might have also harmed her campaign. Over the weekend, Le Pen had vowed to cancel permission for Kyiv to use French-supplied long-range weapons against targets in Russia.
by BlackBull Markets
Euro eyes French vote after pound's rally Euro eyes French vote after pound's rally The British pound surged above $1.276 on Thursday, reaching its highest level in three weeks, as voters across the United Kingdon headed to the polls for parliamentary elections. The Labour Party, currently leading in the polls, appears poised to unseat Prime Minister Rishi Sunak's Conservative Party. Some projections suggest Labour could secure a majority, marking their first general election victory since 2005. But, perhaps the more interesting trade is in the euro in reaction to the second round of voting in France scheduled for over the weekend on 7 July. In a strategic move to prevent the far-right from gaining an absolute majority in the National Assembly, the left-wing coalition known as the New Popular Front (NFP) has announced it will withdraw its candidates in 200 districts where they finished third, lending support to stronger candidates opposing the National Rally (RN). Forecasts now indicate the RN and its allies are likely to win between 190 and 220 seats, falling short of the 289 needed for an absolute majority. Prior to these withdrawals, polls had estimated the RN could secure between 250 and 300 seats. In the forex market, a bullish push could see the euro retesting the previous high around 1.0850, with a potential challenge to the 1.0900 psychological level switching the broader outlook to bullish. Conversely, a drop below the 200 SMA may find immediate support at 1.0775, with further support at the 50 and 100 SMA levels around 1.0733.
by BlackBull Markets
EUR/USD rises despite France’s vote for the rightThe euro has started the week with strong gains. EUR/USD is trading at 1.0756 in the European session, up 0.41% on the day at the time of writing. The euro is at its highest level since June 14. France went to the polls on Sunday, with voter turnout at a four-decade high. The vote was a stinging rebuke for French President Emmanuel Macron, whose Ensemble alliance came in a distant third in the three-way race. The big winner was the far-right, as Marie Le Pen’s National Rally (RN) party won 33% of the vote and will likely be the largest party in the next parliament. If the RN doesn’t win a majority, that could set the stage for a hung parliament and political uncertainty, which would not bode well for the French financial markets and the euro. Interestingly, the French markets and the euro are in positive territory on Monday, as investors appear relieved that the RN might miss out on a majority in parliament. The relief on investors’ faces today could be quickly erased, however, if the NR has a strong showing in the second round of voting, which takes place on July 7. Market focus will shift from France and focus on German inflation, which will be released later today. German CPI is expected to dip to 2.3% y/y in June, compared to 2.4% in May. Monthly, the market estimate stands at 0.2%, following 0.1% gain in May. Eurozone inflation follows on Tuesday with an estimate of 2.8% y/y in June, compared to 2.9% a month earlier. EUR/USD Technical EUR/USD is testing resistance at 1.0752. Above, there is resistance at 1.0790 1.0709 and 1.0671 are the next support lines
by OANDA
ECB speeches, Macron, and FOMC stir EUR/USD A high number of European Central Bank (ECB) officials are making public speeches in the 24 before the Fed rate decision this week Wednesday that could help or hinder the EUR/USD. Also, thrown in the mix now is French President Emmanuel Macron’s decision to call for a snap local election after the results of the EU Parliament elections, adding to market uncertainty. The EURUSD has extended to a 5-week low. 1.0700 could be the next target for the bears as the price has now moved into a swing area between 1.0718 and 1.0750. Perhaps the most important speeches will come from Luis de Guindos (Vice-President of the ECB), Philip R. Lane (ECB Executive Board member), and Claudia Buch (ECB Supervisory Board). Import the BlackBull Markets Economic Calendar to iCloud, Google, or Outlook to get alerts direct to your inbox, enabling you to plan your positions in advance. Last week, the EU became the fourth Western economy to reduce its lending rate, announcing progress in tackling inflation. It lowered its main interest rate from a record high of 4% to 3.75%. Katherine Neiss, chief European economist at Prudential Investment Management, expressed "reasonable confidence" that the ECB would further cut rates over the summer or autumn, potentially bringing EU rates to 3.5% or lower by year-end. Investors will be closely analyzing the upcoming ECB speeches for any hints that support this prediction.
by BlackBull Markets