{"id":11201,"date":"2021-06-25T08:22:38","date_gmt":"2021-06-25T08:22:38","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/06\/25\/cac-40-slips-ahead-of-us-inflation-data\/"},"modified":"2021-06-25T08:22:38","modified_gmt":"2021-06-25T08:22:38","slug":"cac-40-slips-ahead-of-us-inflation-data","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/06\/25\/cac-40-slips-ahead-of-us-inflation-data\/","title":{"rendered":"CAC 40 Slips Ahead Of US Inflation Data"},"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 struggled for direction in early trade on Friday amid concerns that the Federal Reserve may tighten its monetary policy sooner than expected, if inflation surprises to the upside.<\/p>\n<p>Amid a lack of clarity over the direction of price pressures, investors now await a key U.S. inflation indicator, when the Commerce Department releases the core personal consumption expenditures index.<\/p>\n<p>The benchmark CAC 40 index slipped 7 points, or 0.1 percent, to 6,623 after climbing 1.2 percent in the previous session. <\/p>\n<p>Banks BNP Paribas and Credit Agricole rose modestly after Reuters reported that Credit Suisse was considering a potential merger with UBS.<\/p>\n<p>Ophthalmic company EssilorLuxottica SA was marginally higher. The company announced the renewal of an exclusive license agreement with New York-based fashion brand Coach, part of Tapestry, Inc. (TPR).<\/p>\n<p>The five-year deal is for the design, production and worldwide distribution of prescription frames and sunglasses globally under the Coach Eyewear brand. <\/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 Slips Ahead Of US Inflation Data<\/a><br \/>\n<br \/>2021-06-25 08:22:38<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks struggled for direction in early trade on Friday amid concerns that the Federal Reserve may tighten its monetary policy sooner than expected, if inflation surprises to the upside&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":11202,"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-11201","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11201","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=11201"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11201\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11202"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}