{"id":17489,"date":"2022-01-14T11:38:25","date_gmt":"2022-01-14T11:38:25","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/01\/14\/cac-40-extends-losses-as-rate-hike-draws-nearer\/"},"modified":"2022-01-14T11:38:25","modified_gmt":"2022-01-14T11:38:25","slug":"cac-40-extends-losses-as-rate-hike-draws-nearer","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/01\/14\/cac-40-extends-losses-as-rate-hike-draws-nearer\/","title":{"rendered":"CAC-40 Extends Losses As Rate Hike Draws Nearer"},"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 dropped from Thursday&#8217;s levels as the likelihood of an immediate rate hike by the Fed appeared more certain with recent pronouncements by Fed officials.<\/p>\n<p>The CAC-40 is currently trading at 7157.46, down 0.60 percent from Thursday&#8217;s close.  The day&#8217;s trading has been between 7126.58 and 7165.14.<\/p>\n<p>Thales is the top-gainer with a 2.1 percent rally. Carrefour and Total Energies have advanced more than 1 percent.<\/p>\n<p>Luxury goods maker Kering, Alstom and L&#8217;oreal have declined more than 2 percent.<\/p>\n<p>LVMH is the most active scrip with a turnover of 119 million. The scrip has shed around 1.5 percent.  <\/p>\n<p>The EURUSD pair hovered around 1.1452, almost close to the closing level at Thursday amidst the Dollar Index remaining firm at 94.79, Thursday&#8217;s closing level. <\/p>\n<p>France&#8217;s ten-year Bond yield has increased by around 7 percent to 0.312 percent versus 0.292 percent on Thursday, pricing in the imminent rate hike likelihood. <\/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 Extends Losses As Rate Hike Draws Nearer<\/a><br \/>\n<br \/>2022-01-14 11:38:25<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CAC-40 dropped from Thursday&#8217;s levels as the likelihood of an immediate rate hike by the Fed appeared more certain with recent pronouncements by Fed officials. The CAC-40 is currently&#8230;<\/p>\n","protected":false},"author":2,"featured_media":17490,"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-17489","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/17489","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=17489"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/17489\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/17490"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=17489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=17489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=17489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}