{"id":44710,"date":"2024-03-11T09:08:39","date_gmt":"2024-03-11T09:08:39","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/03\/11\/cac-40-edges-lower-with-us-cpi-data-in-focus\/"},"modified":"2024-03-11T09:08:39","modified_gmt":"2024-03-11T09:08:39","slug":"cac-40-edges-lower-with-us-cpi-data-in-focus","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/03\/11\/cac-40-edges-lower-with-us-cpi-data-in-focus\/","title":{"rendered":"CAC 40 Edges Lower With US CPI Data In Focus"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks traded lower on Monday amid much uncertainty about the outlook for U.S. interest rates. <\/p>\n<p>Mixed U.S. jobs data released on Friday did little to shake <span class=\"landLinks\">markets<\/span>&#8216; conviction that the Federal Reserve will begin interest rates in June. <\/p>\n<p>Meanwhile, given a softer outlook for inflation and economic growth, investors are increasingly confident the European Central Bank (ECB) may lead global peers with a rate cut in June.<\/p>\n<p>The benchmark CAC 40 was down 20 points, or 0.3 percent, at 8,008 after rising 0.2 percent on Friday.<\/p>\n<p>The dollar traded weak while gold scaled a new record high as attention shifted to the U.S. CPI and producer inflation data due this week that could influence the Fed&#8217;s rate trajectory. <\/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 Edges Lower With US CPI Data In Focus<\/a><br \/>\n<br \/>2024-03-11 09:08:39<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks traded lower on Monday amid much uncertainty about the outlook for U.S. interest rates. Mixed U.S. jobs data released on Friday did little to shake markets&#8216; conviction that&#8230;<\/p>\n","protected":false},"author":2,"featured_media":44711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-44710","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/44710","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=44710"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/44710\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/44711"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=44710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=44710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=44710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}