{"id":12830,"date":"2021-08-12T09:14:13","date_gmt":"2021-08-12T09:14:13","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/12\/cac-40-holds-steady-despite-weak-data\/"},"modified":"2021-08-12T09:14:13","modified_gmt":"2021-08-12T09:14:13","slug":"cac-40-holds-steady-despite-weak-data","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/12\/cac-40-holds-steady-despite-weak-data\/","title":{"rendered":"CAC 40 Holds Steady Despite Weak 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 held steady on Thursday as moderating U.S. inflation eased concerns of earlier-than-expected stimulus tapering by the Federal Reserve. <\/p>\n<p>Investors shrugged off data showing that Eurozone industrial production declined again in June as supply-chain bottlenecks hindered activity. <\/p>\n<p>Output from factories, mines and utilities across the single-currency area in June fell 0.3 percent from the previous month, Eurostat said while analysts had forecast a 0.2 percent increase.<\/p>\n<p>Month-on-month industrial output growth for May has been revised down to a 1.1 percent fall from a 1.0 percent decline in the preliminary estimate.<\/p>\n<p>Industrial production rose 9.7 percent year-on-year in June, less than the 10.5 percent increase forecast by economists. <\/p>\n<p>The benchmark CAC 40 edged up 7 points, or 0.1 percent, to 6,865 after gaining 0.6 percent the previous day. <\/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 Holds Steady Despite Weak Data<\/a><br \/>\n<br \/>2021-08-12 09:14:13<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks held steady on Thursday as moderating U.S. inflation eased concerns of earlier-than-expected stimulus tapering by the Federal Reserve. Investors shrugged off data showing that Eurozone industrial production declined&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12831,"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-12830","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12830","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=12830"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12830\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12831"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}