{"id":17655,"date":"2022-01-19T09:13:25","date_gmt":"2022-01-19T09:13:25","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/01\/19\/cac-40-edges-higher-in-cautious-trade-5\/"},"modified":"2022-01-19T09:13:25","modified_gmt":"2022-01-19T09:13:25","slug":"cac-40-edges-higher-in-cautious-trade-5","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/01\/19\/cac-40-edges-higher-in-cautious-trade-5\/","title":{"rendered":"CAC 40 Edges Higher In Cautious Trade"},"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 edged higher in lackluster trade on Wednesday, with luxury stocks leading the surge. <\/p>\n<p>A cautious undertone prevailed after U.S. Treasury yields hit fresh two-year highs amid Fed rate hike expectations.<\/p>\n<p>Benchmark German debt yields turned positive for the first time since before the pandemic as <span class=\"landLinks\">markets<\/span> braced for a coordinated monetary policy tightening globally. <\/p>\n<p>The benchmark CAC 40 rose 12 points, or 0.2 percent, to 7,146 after declining 0.9 percent in the previous session.<\/p>\n<p>Luxury goods company LVMH advanced 2.6 percent, Kering added 2.7 percent and Hermes rose about 2 percent after Switzerland&#8217;s Richemont said revenue climbed 32 percent at constant currencies in the last quarter.<\/p>\n<p>The world&#8217;s second-largest luxury group reported strong demand for jewelry and watches. <\/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 Higher In Cautious Trade<\/a><br \/>\n<br \/>2022-01-19 09:13:25<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks edged higher in lackluster trade on Wednesday, with luxury stocks leading the surge. A cautious undertone prevailed after U.S. Treasury yields hit fresh two-year highs amid Fed rate&#8230;<\/p>\n","protected":false},"author":2,"featured_media":17656,"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-17655","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/17655","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=17655"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/17655\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/17656"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=17655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=17655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=17655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}