{"id":40371,"date":"2023-11-06T09:05:05","date_gmt":"2023-11-06T09:05:05","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/11\/06\/cac-40-struggles-for-direction-in-lackluster-trade\/"},"modified":"2023-11-06T09:05:05","modified_gmt":"2023-11-06T09:05:05","slug":"cac-40-struggles-for-direction-in-lackluster-trade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/11\/06\/cac-40-struggles-for-direction-in-lackluster-trade\/","title":{"rendered":"CAC 40 Struggles For Direction In Lackluster Trade"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks struggled for direction on Monday after posting strong gains last week on expectations the Federal Reserve is done raising interest rates. <\/p>\n<p>Meanwhile, <span class=\"landLinks\">business<\/span> activity across France&#8217;s service sector fell at a strong pace at the start of the fourth quarter, latest HCOB PMI data showed. <\/p>\n<p>The benchmark CAC 40 was marginally lower at 7,043 after declining 0.2 percent on Friday.<\/p>\n<p>Banks traded mostly higher, with BNP Paribas and Societe Generale rising about half a percent each.<\/p>\n<p>The dollar slipped to extend last week&#8217;s sell-off as investors await speeches from a slew of Federal Reserve officials due this week.<\/p>\n<p>Chinese trade and inflation data due this week are expected to provide more cues on commodity demand in the country. <\/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 Struggles For Direction In Lackluster Trade<\/a><br \/>\n<br \/>2023-11-06 09:05:05<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks struggled for direction on Monday after posting strong gains last week on expectations the Federal Reserve is done raising interest rates. Meanwhile, business activity across France&#8217;s service sector&#8230;<\/p>\n","protected":false},"author":2,"featured_media":40372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-40371","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/40371","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=40371"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/40371\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/40372"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=40371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=40371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=40371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}