{"id":9362,"date":"2021-04-28T09:11:35","date_gmt":"2021-04-28T09:11:35","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/04\/28\/cac-40-rises-led-by-banks\/"},"modified":"2021-04-28T09:11:35","modified_gmt":"2021-04-28T09:11:35","slug":"cac-40-rises-led-by-banks","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/04\/28\/cac-40-rises-led-by-banks\/","title":{"rendered":"CAC 40 Rises Led By Banks"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks advanced on Wednesday amid expectations that the U.S. Federal Reserve will repeat its dovish message at the end of its two-ay policy meeting later today. <\/p>\n<p>Market participants expect that Fed Chair Jerome Powell will remain ultra-dovish and emphasize the long period ahead in which the Fed plans to maintain loose monetary policy.<\/p>\n<p>The benchmark CAC 40 rose 21 points, or 0.3 percent, to 6,295 after finishing marginally lower on Tuesday. <\/p>\n<p>Banks BNP Paribas, Credit Agricole and Societe Generale rose between 0.9 percent and 1.7 percent following strong earnings results from peers Deutsche Bank and Lloyds Banking Group.<\/p>\n<p>Drug maker Sanofi gained nearly 2 percent after confirming its 2021 targets. <\/p>\n<p>In economic releases, France&#8217;s consumer confidence remained unchanged in April, defying expectations for an easing, preliminary data from the statistical office INSEE showed.<\/p>\n<p>The consumer confidence index reading was 94.0, same as in March. Economists had expected 93.0. In February, the score was 91. <\/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 Rises Led By Banks<\/a><br \/>\n<br \/>2021-04-28 09:11:35<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks advanced on Wednesday amid expectations that the U.S. Federal Reserve will repeat its dovish message at the end of its two-ay policy meeting later today. Market participants expect&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9363,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-9362","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\/9362","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=9362"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9362\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9363"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}