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France’s CAC-40 benchmark opened at 6572 and moved in a cautious range between a high of 6582.79 and low of 6547.61. It is currently trading at 6558.71, up 0.08 percent from previous close and 1.92 percent lower than the 52-week high, amidst an anxious wait to a decisive payroll data from the U.S. <\/p>\n
The extent of rebound in labor market and the U.S economy<\/span> conveyed by the payroll addition reading is expected to tilt the scales in favor of or against an early return to normalization, from the ultra-loose monetary policy stance now in place.<\/p>\n Investors also weighed the extent of delta spread in the region as more and countries finalized plans to accommodate travelers without compromising on health<\/span> standards.<\/p>\n STMicroelectronics gained 1.55 percent, closely followed by digital transformation company Atos with a gain of 1.19 percent and Airbus with an uptick of 1.18 percent.<\/p>\n BNP Paribas Act. A dropped by 0.95 percent while Societe Generale shed 0.91 percent. Luxury group Kering declined 0.62 percent.<\/p>\n Airbus topped the volume charts with a turnover of 49.08 million.<\/p>\n In economic data, producer prices for the Euro Area indicated sustained increase as the reading increased 1.3 percent month-on-month, above market expectations of 1.2 percent.<\/p>\n France’s government budget deficit recorded EUR 118.8 billion in January-May 2021, compared to EUR 117.9 billion in the corresponding month of the previous year as revenues rose by 11.5 percent and spending increased by 11.6 percent. <\/p>\n The EURUSD pair is hovering around 1.18 levels<\/p>\n Services and Composite PMI numbers for homeland and Euro area are due on Monday. <\/p>\n<\/p>\n<\/div><\/div>\n