{"id":14723,"date":"2021-10-06T09:28:50","date_gmt":"2021-10-06T09:28:50","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/10\/06\/cac-40-retreats-on-growth-concerns-2\/"},"modified":"2021-10-06T09:28:50","modified_gmt":"2021-10-06T09:28:50","slug":"cac-40-retreats-on-growth-concerns-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/10\/06\/cac-40-retreats-on-growth-concerns-2\/","title":{"rendered":"CAC 40 Retreats On Growth Concerns"},"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 tumbled on Wednesday on concerns that rising inflationary pressures may force central banks to tighten policy sooner than expected.<\/p>\n<p>Meanwhile, Eurozone retail sales rose less than expected in August, adding to worries over slowing growth. <\/p>\n<p>The volume of retail sales rose 0.3 percent sequentially in the month, while in July it fell by a downwardly revised 2.6 percent, the European Union&#8217;s statistics agency Eurostat said. Economists had forecast a 0.8 percent rise for August.<\/p>\n<p>Separate data showed that German factory orders fell 7.7 percent on a monthly basis in August, reversing a revised 4.9 percent rise in July as supply bottlenecks affected makers of cars and carparts in particular.<\/p>\n<p>The benchmark CAC 40 fell 122 points, or 1.9 percent, to 6,453 after rallying 1.5 percent on Tuesday. <\/p>\n<p>Thales shares lost 2.2 percent as Google Cloud announced a strategic agreement with the French <span class=\"landLinks\">technology<\/span> company to co-develop a sovereign hyperscale cloud offering for France. <\/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 Retreats On Growth Concerns<\/a><br \/>\n<br \/>2021-10-06 09:28:50<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks tumbled on Wednesday on concerns that rising inflationary pressures may force central banks to tighten policy sooner than expected. Meanwhile, Eurozone retail sales rose less than expected in&#8230;<\/p>\n","protected":false},"author":2,"featured_media":14724,"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-14723","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14723","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=14723"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/14724"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=14723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=14723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=14723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}