{"id":10774,"date":"2021-06-14T09:17:10","date_gmt":"2021-06-14T09:17:10","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/06\/14\/cac-40-rises-ahead-of-fed-meeting\/"},"modified":"2021-06-14T09:17:10","modified_gmt":"2021-06-14T09:17:10","slug":"cac-40-rises-ahead-of-fed-meeting","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/06\/14\/cac-40-rises-ahead-of-fed-meeting\/","title":{"rendered":"CAC 40 Rises Ahead Of Fed Meeting"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks were moving higher on Monday as investors await monetary policy decision from the Federal Reserve for guidance on its policy action.<\/p>\n<p>A two-day meeting of the Fed ends on Wednesday, with economists expecting no change to rate and QE program.<\/p>\n<p>Investors will be watching Powell&#8217;s remarks for indications about the strength of the economic recovery and the timing of tapering its asset purchase program.<\/p>\n<p>In economic releases, Eurozone industrial production figures for April beat expectations. <\/p>\n<p>Eurostat said that output from factories, mines and utilities across the single-currency area rose by 0.8 percent over the previous month in April &#8211; beating forecasts for a 0.4 percent increase. <\/p>\n<p>The benchmark CAC 40 index was up 23 points, or 0.3 percent, at 6,623 after rising 0.8 percent in the previous session. <\/p>\n<p>Banks traded mixed while automaker Renault gave up half a percent. <\/p>\n<p>Total SE shares rose over 1 percent as oil prices hovered near multi-year highs, underpinned by an improved outlook for demand backed by the lifting of travel curbs due to increased vaccinations. <\/p>\n<\/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 Rises Ahead Of Fed Meeting<\/a><br \/>\n<br \/>2021-06-14 09:17:10<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks were moving higher on Monday as investors await monetary policy decision from the Federal Reserve for guidance on its policy action. A two-day meeting of the Fed ends&#8230;<\/p>\n","protected":false},"author":2,"featured_media":10775,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-10774","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10774","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=10774"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10774\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/10775"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=10774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=10774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=10774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}