Overview

• President Trump’s decision to rule out firing Fed Chair Jerome Powell drove the CAC 40 up 1.06% to 7,804.33 on July 17.
• Investors are bracing for 30% U.S. duties on EU imports set to begin August 1 under Trump’s latest trade measures.
• The U.S. consumer price index rose 2.7% in June year-on-year, dampening expectations for Federal Reserve rate cuts.
• Legrand lifted its 2025 revenue forecast to a growth range of 10%–12%, sparking an 8.4% jump in its share price.
• Publicis slightly raised its full-year guidance after reporting resilient first-half results, helping stabilize French stocks.