{"id":53870,"date":"2024-12-11T09:05:27","date_gmt":"2024-12-11T09:05:27","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/12\/11\/cac-40-steadies-after-tuesdays-selloff\/"},"modified":"2024-12-11T09:05:27","modified_gmt":"2024-12-11T09:05:27","slug":"cac-40-steadies-after-tuesdays-selloff","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/12\/11\/cac-40-steadies-after-tuesdays-selloff\/","title":{"rendered":"CAC 40 Steadies After Tuesday&#8217;s Selloff"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks were subdued on Wednesday as traders awaited key U.S. CPI data due later in the day that could influence the Federal Reserve&#8217;s interest -rate decision next week.<\/p>\n<p>The report is expected to show U.S. consumer prices rose by 0.2 percent for the fifth straight month in November. <\/p>\n<p>The annual rate of consumer price growth is expected to tick up to 2.7 percent from 2.6 percent in October.<\/p>\n<p>Currently, <span class=\"landLinks\">markets<\/span> are pricing in an 85 percent chance of a quarter-point cut.<\/p>\n<p>Investors also await the ECB policy meeting and the outcome of China&#8217;s two-day Central Economic Work Conference that is expected to map out policies for next year.<\/p>\n<p>The benchmark CAC 40 was marginally lower at 7,388 after tumbling 1.1 percent in the previous session. <\/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 Steadies After Tuesday&#8217;s Selloff<\/a><br \/>\n<br \/>2024-12-11 09:05:27<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks were subdued on Wednesday as traders awaited key U.S. CPI data due later in the day that could influence the Federal Reserve&#8217;s interest -rate decision next week. The&#8230;<\/p>\n","protected":false},"author":2,"featured_media":53871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-53870","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\/53870","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=53870"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/53871"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=53870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=53870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=53870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}