BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks rose on Wednesday
following a tech rally on Wall Street overnight.
The benchmark CAC 40 was up 27 points, or 0.4 percent, at 7,689 after declining
0.6 percent on Tuesday.

The euro extended declines against the dollar after a survey showed German
consumer confidence is set to worsen in July.

Hawkish comments from Fed officials also benefited the dollar.

Federal Reserve governor Michelle Bowman has warned of upside risks to the
inflation outlook and reiterated the need to keep borrowing costs elevated 'for
some time'.

Her counterpart Lisa Cook said that the timing of any rate adjustment will
depend on how economic data evolve and what they imply for the economic outlook
and balance of risks.

Amid much uncertainty about the interest-rate outlook, investors braced for the
release of key U.S. inflation reading, due later this week for further
direction.

Eurozone bond yields continued to advance due to political uncertainty resulting
from changes in the partisan landscape in the region.



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