{"id":23597,"date":"2022-07-07T09:16:04","date_gmt":"2022-07-07T09:16:04","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/07\/07\/cac-40-rises-as-inflation-fears-ease-2\/"},"modified":"2022-07-07T09:16:04","modified_gmt":"2022-07-07T09:16:04","slug":"cac-40-rises-as-inflation-fears-ease-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/07\/07\/cac-40-rises-as-inflation-fears-ease-2\/","title":{"rendered":"CAC 40 Rises As Inflation Fears Ease"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks advanced on Thursday after the minutes from the U.S. Federal Reserve&#8217;s latest policy meeting revealed commitment among officials to fight record-high inflation. <\/p>\n<p>Falling commodity prices, especially a drop in Brent crude futures below $100 a barrel, also helped ease investor concerns surrounding inflation and aggressive rate hikes by major central banks. <\/p>\n<p>The benchmark CAC 40 climbed 80 points, or 1.4 percent, to 5,992 after adding 2 percent the previous day. <\/p>\n<p>Economy-sensitive stocks were rising, with automaker Renault rallying 4.5 percent. <\/p>\n<p>Electric utility EDF edged lower after saying that a search for a successor to EDF&#8217;s Chairman and Chief Executive Jean-Bernard L\u00e9vy will be launched as his tenure will end on March 18, 2023. <\/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 Rises As Inflation Fears Ease<\/a><br \/>\n<br \/>2022-07-07 09:16:04<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks advanced on Thursday after the minutes from the U.S. Federal Reserve&#8217;s latest policy meeting revealed commitment among officials to fight record-high inflation. Falling commodity prices, especially a drop&#8230;<\/p>\n","protected":false},"author":2,"featured_media":23598,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-23597","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/23597","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=23597"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/23597\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/23598"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=23597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=23597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=23597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}