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Market Impact: 0.3
CAC 40 Drifts Lower On Inflation, Rate Hike Concerns
Source: Nasdaq
Energy Markets & PricesInterest Rates & YieldsInflationGeopolitics & War
French stocks fell on Wednesday as higher oil prices and rising bond yields pressured sentiment. Eurozone inflation accelerated in recent data, increasing the odds of an additional rate hike. Ongoing Middle East conflict concerns further weighed on risk appetite.
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Overall Sentiment
mildly negative
Sentiment Score
-0.35
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