{"id":22690,"date":"2022-06-10T08:49:31","date_gmt":"2022-06-10T08:49:31","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/06\/10\/cac-40-retreats-on-china-lockdowns\/"},"modified":"2022-06-10T08:49:31","modified_gmt":"2022-06-10T08:49:31","slug":"cac-40-retreats-on-china-lockdowns","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/06\/10\/cac-40-retreats-on-china-lockdowns\/","title":{"rendered":"CAC 40 Retreats On China Lockdowns"},"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 were moving lower on Friday amid growth worries after China said it would reimpose Covid-19 lockdowns in eight out of 16 of Shanghai&#8217;s districts. Parts of Beijing have also reimposed some restrictions.<\/p>\n<p>A cautious undertone prevailed after a hawkish ECB pushed global bond yields higher.<\/p>\n<p>The European Central Bank said on Thursday it would end its massive bond-buying stimulus by the end of June and begin hiking interest rates on July 21 for the first time in 11 years, followed by another hike in September.<\/p>\n<p>Investors now await the release of U.S. consumer inflation data later in the day that could influence the Federal Reserve&#8217;s rate-hike roadmap for fighting inflation.<\/p>\n<p>The benchmark CAC 40 fell 72 points, or 1.1 percent, to 6,286 after declining 1.4 percent the previous day. <\/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 Retreats On China Lockdowns<\/a><br \/>\n<br \/>2022-06-10 08:49:31<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks were moving lower on Friday amid growth worries after China said it would reimpose Covid-19 lockdowns in eight out of 16 of Shanghai&#8217;s districts. Parts of Beijing have&#8230;<\/p>\n","protected":false},"author":2,"featured_media":22691,"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-22690","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/22690","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=22690"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/22690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/22691"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=22690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=22690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=22690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}