{"id":35870,"date":"2023-06-28T09:02:13","date_gmt":"2023-06-28T09:02:13","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/06\/28\/cac-40-gains-as-yields-slip-ahead-of-powells-speech\/"},"modified":"2023-06-28T09:02:13","modified_gmt":"2023-06-28T09:02:13","slug":"cac-40-gains-as-yields-slip-ahead-of-powells-speech","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/06\/28\/cac-40-gains-as-yields-slip-ahead-of-powells-speech\/","title":{"rendered":"CAC 40 Gains As Yields Slip Ahead Of Powell&#8217;s Speech"},"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 advanced on Wednesday as Treasury yields declined after rising overnight on the back of upbeat U.S. economic data. <\/p>\n<p>The euro was under mild pressure despite signs the European Central Bank will continue raising interest rates. <\/p>\n<p>The results of the Fed&#8217;s annual stress test of the banking industry along with speeches by Federal Reserve Chair Jerome Powell and other central bankers will be in focus later in the day. <\/p>\n<p>The benchmark CAC 40 was up 48 points, or 0.7 percent, at 7,263 after rising 0.4 percent the previous day. <\/p>\n<p>Supermarket chain Carrefour rallied 3.5 percent after Morgan Stanley initiated coverage with an &#8220;overweight&#8221; rating.<\/p>\n<p>Banks BNP Paribas, Credit Agricole and Societe Generale were flat to slightly lower after recent strong gains. <\/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 Gains As Yields Slip Ahead Of Powell&#8217;s Speech<\/a><br \/>\n<br \/>2023-06-28 09:02:13<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks advanced on Wednesday as Treasury yields declined after rising overnight on the back of upbeat U.S. economic data. The euro was under mild pressure despite signs the European&#8230;<\/p>\n","protected":false},"author":2,"featured_media":35871,"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-35870","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/35870","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=35870"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/35870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/35871"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=35870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=35870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=35870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}