{"id":13395,"date":"2021-08-30T09:32:27","date_gmt":"2021-08-30T09:32:27","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/30\/cac-40-marginally-higher-on-fed-led-optimism\/"},"modified":"2021-08-30T09:32:27","modified_gmt":"2021-08-30T09:32:27","slug":"cac-40-marginally-higher-on-fed-led-optimism","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/30\/cac-40-marginally-higher-on-fed-led-optimism\/","title":{"rendered":"CAC 40 Marginally Higher On Fed Led Optimism"},"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 marginally higher on Monday and the dollar steadied near two-week lows after Federal Reserve Chair Jerome Powell sounded more cautious than other Fed officials when talking about tapering.<\/p>\n<p>Powell signaled the central bank is likely to begin tapering some of its easy-money policies before the end of the year but there&#8217;s &#8220;much ground to cover&#8221; before rate hikes happen.<\/p>\n<p>In economic releases, Eurozone <span class=\"landLinks\">business<\/span> and household confidence declined slightly in August, following July&#8217;s record high, the European Commission said.<\/p>\n<p>The economic sentiment indicator, an aggregate measure of business and consumer confidence, dropped to 117.5 in August from 119.0 in July.<\/p>\n<p>Traders await the all-important U.S. employment report this week to assess whether the economic recovery merits an earlier tapering.<\/p>\n<p>The benchmark CAC 40 edged up 9 points, or 0.1 percent, to 6,690 after gaining 0.2 percent on Friday. <\/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 Marginally Higher On Fed Led Optimism<\/a><br \/>\n<br \/>2021-08-30 09:32:27<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks were marginally higher on Monday and the dollar steadied near two-week lows after Federal Reserve Chair Jerome Powell sounded more cautious than other Fed officials when talking about&#8230;<\/p>\n","protected":false},"author":2,"featured_media":13396,"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-13395","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13395","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=13395"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13395\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/13396"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=13395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=13395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=13395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}