{"id":8721,"date":"2021-04-09T09:09:14","date_gmt":"2021-04-09T09:09:14","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/04\/09\/cac-40-edges-higher-as-fed-pledges-support\/"},"modified":"2021-04-09T09:09:14","modified_gmt":"2021-04-09T09:09:14","slug":"cac-40-edges-higher-as-fed-pledges-support","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/04\/09\/cac-40-edges-higher-as-fed-pledges-support\/","title":{"rendered":"CAC 40 Edges Higher As Fed Pledges Support"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks edged higher on Friday after Fed Chair Jerome Powell assured <span class=\"landLinks\">markets<\/span> that the U.S. central bank will continue supporting the world&#8217;s largest <span class=\"landLinks\">economy<\/span> without stoking inflation.<\/p>\n<p>The benchmark CAC 40 rose 14 points, or 0.2 percent, to 6,180 after ending up 0.3 percent on Thursday.<\/p>\n<p>Railway company Getlink SE edged down slightly. The company announced that Le Shuttle Freight in the month of March transported 122,832 trucks, a decrease of 2 percent from last year&#8217;s 124,804 trucks.<\/p>\n<p>Shares of Airbus jumped 3 percent after the aircraft maker announced it has stepped up aircraft deliveries last month. <\/p>\n<p>In economic releases, French industrial production decreased 4.7 percent month-on-month in February following a 3.2 percent rise in January, data from the statistical office INSEE showed. Economists had forecast a 0.5 percent gain.<\/p>\n<p>Manufacturing output fell 4.6 percent after a 3.3 percent rise in the previous month. On a year-on-year basis, industrial production shrank 6.6 percent and manufacturing output plummeted 7.1 percent. <\/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 Higher As Fed Pledges Support<\/a><br \/>\n<br \/>2021-04-09 09:09:14<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks edged higher on Friday after Fed Chair Jerome Powell assured markets that the U.S. central bank will continue supporting the world&#8217;s largest economy without stoking inflation. The benchmark&#8230;<\/p>\n","protected":false},"author":2,"featured_media":8722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-8721","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\/8721","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=8721"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/8722"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=8721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=8721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=8721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}