{"id":61756,"date":"2025-07-10T10:51:10","date_gmt":"2025-07-10T10:51:10","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/07\/10\/cac-40-moderately-higher-on-trade-deal-hopes\/"},"modified":"2025-07-10T10:51:10","modified_gmt":"2025-07-10T10:51:10","slug":"cac-40-moderately-higher-on-trade-deal-hopes","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/07\/10\/cac-40-moderately-higher-on-trade-deal-hopes\/","title":{"rendered":"CAC 40 Moderately Higher On Trade Deal Hopes"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks are gaining some ground in positive territory on Thursday amid rising hopes the European Union will strike a trade deal with the U.S. sometime soon.<\/p>\n<p>EU trade chief Maros Sefcovic said there was good progress on a framework trade agreement and a deal may even be possible within days. <\/p>\n<p>Investors are shrugging off U.S. President Donald Trump&#8217;s decision to impose a 50% tariff on copper imports, along with a separate levy on Brazlian goods. The levies will take effect on August 1. <\/p>\n<p>The benchmark CAC 40 was up 48.19 points or 0.61% at 7,926.65 a few minutes ago.<\/p>\n<p>Pernod Ricard is gaining about 3.6%. Dassault Systemes is climbing up 3.1% and ArcelorMittal is up 2.7%. Capgemini and Kering are up 2.3% and 2.1%, respectively.<\/p>\n<p>Schneider Electric, Publicis Groupe, L&#8217;Oreal, LVMH, STMicroElectronics, Stellantis, Hermes International, Michelin, Legrand and Teleperformance are advancing 1 to 2%.<\/p>\n<p>Societe Generale is down 1.4%. Accor is lower by about 1.25%, while Edenred and Orange are down 0.8% and 0.7%, respectively. BNP Paribas, Safran and Credit Agricole are modestly lower.<\/p>\n<p>On the economic front, official data showed France recorded a current account deficit of EUR3098 million in May. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/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 Moderately Higher On Trade Deal Hopes<\/a><br \/>\n<br \/>2025-07-10 10:51:10<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks are gaining some ground in positive territory on Thursday amid rising hopes the European Union will strike a trade deal with the U.S. sometime soon. EU trade chief&#8230;<\/p>\n","protected":false},"author":2,"featured_media":61757,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-61756","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61756","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=61756"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61756\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/61757"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=61756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=61756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=61756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}