{"id":14302,"date":"2021-09-24T12:10:41","date_gmt":"2021-09-24T12:10:41","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/09\/24\/cac-40-pauses-recent-winning-streak\/"},"modified":"2021-09-24T12:10:41","modified_gmt":"2021-09-24T12:10:41","slug":"cac-40-pauses-recent-winning-streak","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/09\/24\/cac-40-pauses-recent-winning-streak\/","title":{"rendered":"CAC-40 Pauses Recent Winning Streak"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> The CAC-40 paused recent winning streak to shed close to a percent point as Evergrande fears re-emerged after Thursday&#8217;s coupon payment deadline expired with no announcements from the company. Mood was somber despite the ECB Chief&#8217;s clarification that Europe&#8217;s share in the Evergrande exposure could be limited. Sentiment also remained dampened as increasing number of central banks deemed it fit to usher in a withdrawal of pandemic-era stimulus.<\/p>\n<p>The CAC-40 is currently trading at 6636.01, down 0.98 percent from Thursday&#8217;s close and 4.02 percent lower than the 52-week high of 6913.67. The day&#8217;s trading has been between 6625.78 and 6678.65.<\/p>\n<p>Auto manufacturer Renault gained 2.28 percent despite the negative sentiment. Specialty Industrial machinery maker Alstom advanced 1.28 percent.<\/p>\n<p>Ophthalmic products <span class=\"landLinks\">business<\/span> EssilorLuxottica, luxury products group Kering, healthcare business Eurofins Scientific, luxury goods business Hermes International, software business Dassault Systemes have all lost more than 2 percent.<\/p>\n<p>Luxury goods group LVMH is the most active scrip with a turnover of 88 million. The scrip has shed close to 2 percent.  <\/p>\n<p>Only 15 scrips in the index are trading in positive territory.<\/p>\n<p>The EURUSD pair hovered around 1.1717, versus 1.1736 at end of the previous day as the dollar index recovered from intra-day lows to 93.31. DXY was at 93.46 at its previous close.  <\/p>\n<p>France&#8217;s ten-year Bond yield has increased by around 30 percent to 0.099 percent versus 0.077 percent on the previous day, in tandem with the imminent interest rate hardening scenario. <\/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 Pauses Recent Winning Streak<\/a><br \/>\n<br \/>2021-09-24 12:10:41<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CAC-40 paused recent winning streak to shed close to a percent point as Evergrande fears re-emerged after Thursday&#8217;s coupon payment deadline expired with no announcements from the company. Mood&#8230;<\/p>\n","protected":false},"author":2,"featured_media":14303,"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-14302","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14302","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=14302"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14302\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/14303"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=14302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=14302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=14302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}