{"id":10664,"date":"2021-06-10T09:10:29","date_gmt":"2021-06-10T09:10:29","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/06\/10\/cac-40-retreats-ahead-of-us-inflation-data\/"},"modified":"2021-06-10T09:10:29","modified_gmt":"2021-06-10T09:10:29","slug":"cac-40-retreats-ahead-of-us-inflation-data","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/06\/10\/cac-40-retreats-ahead-of-us-inflation-data\/","title":{"rendered":"CAC 40 Retreats Ahead Of US Inflation Data"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks retreated on Thursday as investors awaited the latest inflation reading from the U.S. for clues on the Federal Reserve&#8217;s monetary policy path. <\/p>\n<p>The Labor Department is scheduled to publish its consumer price index data at 8:30 a.m. ET.<\/p>\n<p>Traders also geared up for the European Central Bank meeting, with many expecting the central bank to extend its phase of faster bond-buying through the summer to ensure the economic rebound from the <span class=\"landLinks\">coronavirus<\/span> pandemic. <\/p>\n<p>The benchmark CAC 40 index fell 18 points, or 0.3 percent, to 6,545 after rising 0.2 percent in the previous session. <\/p>\n<p>Automakers lost ground, with Renault falling more than 1 percent.<\/p>\n<p>Shares of digital music company Believe were moving lower on the first day of trading. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>CAC 40 Retreats Ahead Of US Inflation Data<\/a><br \/>\n<br \/>2021-06-10 09:10:29<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks retreated on Thursday as investors awaited the latest inflation reading from the U.S. for clues on the Federal Reserve&#8217;s monetary policy path. The Labor Department is scheduled to&#8230;<\/p>\n","protected":false},"author":2,"featured_media":10665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-10664","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=10664"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10664\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/10665"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=10664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=10664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=10664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}