CAC 40 up driven by auction and German confidence data

The link between French CAC 40 Index (CC) and DAX Index remained steady on Tuesday, at 0.88. In contrast, the relationship between French benchmark index and EUR/USD currency pair climbed to 0.57. The link also strengthened between CAC 40 and EUR/JPY currency pair, as 17-nation currency recovered amid positive news from China and Germany. The correlation remained relatively weak between CAC 40 and gold (GOLDSH) at 0.35.