CAC 40 led major European equity declines as CPI report affected Fed rate hike expectations.
1 report, 1 independent
Updated Aug 12
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What happened
CAC 40 led major European equity declines as CPI report affected Fed rate hike expectations.
Who's involved
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The entities involved
Related events
- Goldman Sachs is monitoring French fiscal credibility and market risk, while the CAC 40 reflects this specific political and fiscal risk premium.
- ECB rate hikes are affecting European markets, including exchanges in Italy and France.
- Investor fears of rate hikes caused a market decline, driven by strong job gains and BLS data.
- US inflation readings are currently affecting European bond yields, impacting the economic outlook for Spain and Italy.
- Reuters poll shows eurozone economists expect ECB rate hike, while the FED shifts focus towards inflation risks.