{"id":13691,"date":"2021-09-07T09:39:00","date_gmt":"2021-09-07T09:39:00","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/09\/07\/cac-40-edges-lower-in-lackluster-trade-2\/"},"modified":"2021-09-07T09:39:00","modified_gmt":"2021-09-07T09:39:00","slug":"cac-40-edges-lower-in-lackluster-trade-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/09\/07\/cac-40-edges-lower-in-lackluster-trade-2\/","title":{"rendered":"CAC 40 Edges Lower In Lackluster Trade"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks edged lower in cautious trade Tuesday as investors assessed the global outlook against the backdrop of rising Delta <span class=\"landLinks\">coronavirus<\/span> cases and signs of a slowdown in the economic recovery.<\/p>\n<p>Market participants also looked ahead to Thursday&#8217;s meeting of the European Central Bank, which may act to slow down its massive bond-buying program in light of recent stronger-than-expected inflation data.<\/p>\n<p>Earlier today, the Reserve Bank of Australia pressed ahead with its decision to reduce bond purchases by A$1 billion a week this month but postponed its next review of the weekly pace from November to mid-February.<\/p>\n<p>The benchmark CAC 40 index slipped 0.2 percent to 7,733 after rising 0.8 percent in the previous session. <\/p>\n<p>Luxury stocks such as LVMH and Kering rose about 1 percent on hopes for more economic stimulus from China and Japan, as well as growing views the U.S. Federal Reserve will delay beginning asset tapering. <\/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 Edges Lower In Lackluster Trade<\/a><br \/>\n<br \/>2021-09-07 09:39:00<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks edged lower in cautious trade Tuesday as investors assessed the global outlook against the backdrop of rising Delta coronavirus cases and signs of a slowdown in the economic&#8230;<\/p>\n","protected":false},"author":2,"featured_media":13692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-13691","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13691","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=13691"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/13692"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=13691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=13691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=13691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}