{"id":45533,"date":"2024-04-03T09:01:06","date_gmt":"2024-04-03T09:01:06","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/04\/03\/cac-40-little-changed-ahead-of-powells-speech-2\/"},"modified":"2024-04-03T09:01:06","modified_gmt":"2024-04-03T09:01:06","slug":"cac-40-little-changed-ahead-of-powells-speech-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/04\/03\/cac-40-little-changed-ahead-of-powells-speech-2\/","title":{"rendered":"CAC 40 Little Changed 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 were little changed on Wednesday as investors awaited Eurozone inflation data and Fed Chair Jerome Powell&#8217;s comments later in the day for further clues on the timing and speed of interest rate cuts. <\/p>\n<p>The closely watched ADP employment report may also influence trading later in the day, before Friday&#8217;s non-farm payrolls data.<\/p>\n<p>The benchmark CAC 40 was marginally higher at 8,131 after ending 0.9 percent lower on Tuesday. <\/p>\n<p>TotalEnergies was marginally higher after signing a head of agreement with Sinopec to form a joint venture to produce sustainable aviation fuel from waste oils.<\/p>\n<p>Auto major Renault Group dropped half a percent after announcing that CMA CGM Group joined Flexis SAS as founding member with the purchase of a 10 percent stake in the joint venture.<\/p>\n<p>The JV for the next generation of electric vans was founded on March 22 by Renault Group and Volvo Group, holding each a 45 percent stake. <\/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 Little Changed Ahead Of Powell&#8217;s Speech<\/a><br \/>\n<br \/>2024-04-03 09:01:06<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks were little changed on Wednesday as investors awaited Eurozone inflation data and Fed Chair Jerome Powell&#8217;s comments later in the day for further clues on the timing and&#8230;<\/p>\n","protected":false},"author":2,"featured_media":45534,"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-45533","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/45533","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=45533"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/45533\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/45534"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=45533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=45533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=45533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}