{"id":31240,"date":"2023-02-15T10:19:03","date_gmt":"2023-02-15T10:19:03","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/02\/15\/cac-40-leads-the-european-rally\/"},"modified":"2023-02-15T10:19:03","modified_gmt":"2023-02-15T10:19:03","slug":"cac-40-leads-the-european-rally","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/02\/15\/cac-40-leads-the-european-rally\/","title":{"rendered":"CAC-40 Leads The European Rally"},"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 led gains in the European region with a surge of close to 1 percent, as relief at the CPI in U.K. cooling more-than-expected to 10.1 percent offset anxiety lingering ever since U.S. inflation declined less-than-expected to 6.4 percent. <\/p>\n<p>The CAC-40 is currently trading at 7,283.41, up 0.96 percent from the previous close. The day&#8217;s trading has been between 7,200.73 and 7,289.24.<\/p>\n<p>Only 6 scrips among the 40 scrips in the index are trading in negative territory.<\/p>\n<p>Grocery stores Carrefour surged more than 8 percent.  Luxury goods maker Kering surged 4.3 percent. Legrand, Teleperformance and Hermes International, all added more than 2 percent.<\/p>\n<p>The EUR\/USD pair has edged 0.04 percent lower to 1.0731.<\/p>\n<p>The ten-year bond yield has decreased 1.5 percent to 2.861% versus the previous close of 2.905%.  <\/p>\n<p>Data released just a while ago showed Industrial Production in the Euro Area declining 1.1 percent in December versus expectations of a 0.8 percent decline and growth of 1.4 percent in the previous period. <\/p>\n<p>Also, Euro Area&#8217;s trade deficit narrowed to 8.8 billion euros from 11.7 billion euros previously. Markets were expecting it to widen to 12.5 billion euros. <\/p>\n<\/p>\n<p>Business News<\/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 Leads The European Rally<\/a><br \/>\n<br \/>2023-02-15 10:19:03<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CAC-40 led gains in the European region with a surge of close to 1 percent, as relief at the CPI in U.K. cooling more-than-expected to 10.1 percent offset anxiety&#8230;<\/p>\n","protected":false},"author":2,"featured_media":31241,"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-31240","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/31240","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=31240"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/31240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/31241"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=31240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=31240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=31240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}