{"id":9894,"date":"2021-05-19T08:59:33","date_gmt":"2021-05-19T08:59:33","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/19\/cac-40-slides-on-inflation-concerns\/"},"modified":"2021-05-19T08:59:33","modified_gmt":"2021-05-19T08:59:33","slug":"cac-40-slides-on-inflation-concerns","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/19\/cac-40-slides-on-inflation-concerns\/","title":{"rendered":"CAC 40 Slides On Inflation Concerns"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks fell sharply on Wednesday amid concerns over a potential pick-up in inflation in the coming months. <\/p>\n<p>Euro zone government bonds yields rose, with the benchmark German Bund yield hitting a two-year high on concerns that the European Central Bank could decide to scale back its emergency bond-buying program as early as next month. <\/p>\n<p>European Central Bank chief Christine Lagarde said on Tuesday it was &#8220;essential that monetary and fiscal support are not withdrawn too soon.&#8221;<\/p>\n<p>Concerns over Italy&#8217;s economic reform path and escalating tensions between Washington and Beijing also weighed on sentiment as investors await the Fed meeting minutes for further cues. <\/p>\n<p>The benchmark CAC 40 dropped 73 points, or 1.2 percent, to 6,279 after declining 0.2 percent in the previous session. <\/p>\n<p>Automaker Renault fell 2.6 percent despite positive data. <\/p>\n<p>European new car registrations rose 24.4 percent year-on-year in the January to April period to 3.4 million units due to the low base of comparison amid <span class=\"landLinks\">coronavirus<\/span> restrictions, data from the European Automobile Manufacturers Association\/ACEA showed earlier today. <\/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 Slides On Inflation Concerns<\/a><br \/>\n<br \/>2021-05-19 08:59:33<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks fell sharply on Wednesday amid concerns over a potential pick-up in inflation in the coming months. Euro zone government bonds yields rose, with the benchmark German Bund yield&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9895,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-9894","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9894","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=9894"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9894\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9895"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}