{"id":8548,"date":"2021-03-30T09:18:21","date_gmt":"2021-03-30T09:18:21","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/03\/30\/cac-40-extends-gains-led-by-banks\/"},"modified":"2021-03-30T09:18:21","modified_gmt":"2021-03-30T09:18:21","slug":"cac-40-extends-gains-led-by-banks","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/03\/30\/cac-40-extends-gains-led-by-banks\/","title":{"rendered":"CAC 40 Extends Gains Led By Banks"},"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 advanced on Tuesday as growth optimism prevailed, with a survey showing that French consumer confidence unexpectedly improved in March to its highest level in three months.<\/p>\n<p>Fears of a broader fallout from the U.S. hedge fund default also eased, helping lift banking stocks. <\/p>\n<p>The benchmark CAC 40 inched up 33 points, or half a percent, to 6,048 after rising about half a percent in the previous session. <\/p>\n<p>Banks BNP Paribas, Credit Agricole and Societe Generale were up about 2 percent on expectations they would benefit from rising bond yields. <\/p>\n<p>A measure of French consumer confidence climbed to 94 from 91 in February, survey data from INSEE showed earlier today as households&#8217; expectations regarding their financial situation outlook strengthened and the saving intentions hit a record high.<\/p>\n<p>Economists had expected the index reading to remain unchanged. The latest score was the highest since December&#8217;s 95, but remained below the long-term average of 100. <\/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 Extends Gains Led By Banks<\/a><br \/>\n<br \/>2021-03-30 09:18:21<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks advanced on Tuesday as growth optimism prevailed, with a survey showing that French consumer confidence unexpectedly improved in March to its highest level in three months. Fears of&#8230;<\/p>\n","protected":false},"author":2,"featured_media":8549,"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-8548","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8548","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=8548"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/8549"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=8548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=8548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=8548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}