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The CAC 40 rose 0.4% to 8,172 on Thursday, extending gains from the previous session and tracking a broader global rally after the Federal Reserve delivered an expected 25 bps rate hike. While the central bank also signalled at least one more increase this year, Chair Warsh’s reaffirmation of its commitment to curbing
Bond investors are wary after comments suggesting Fed is poised to hike, amid concerns from European central bankers about further turbulence in testy US relations. World reactions were mostly muted to an Iran sanctions threat.