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CAC 40: a lackluster session due to the public holiday

CAC 40: a lackluster session due to the public holiday
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CAC40: remains in green in a neglected market

CAC40: remains in green in a neglected market
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CAC40: in green, builds on previous day s momentum

CAC40: in green, builds on previous day s momentum
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CAC40: continues to climb in low volumes

CAC40: continues to climb in low volumes
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We Now Expect Two Rate Cuts from Fed This Year

We revise our Fed call to 2 rate cuts of 25bp this year in September and December. It will be a close call between July and September but with macro indicators showing no signs of sudden weakening, we lean towards September as our base case.

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