CAC 40 up driven by auction and German confidence data

Note: This section contains information in English only.
Source: Dukascopy Bank
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.

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