(AOF) – The European stock market rally ended Thursday, as the Federal Reserve’s “minutes” dampened investor optimism. At its December meeting, the Fed’s monetary policy committee held more hawkish-tone discussions than expected, raising fears of accelerated monetary normalization in order to stem persistent inflation. At the sound of the bell, the CAC 40 lost 1.72% to 7,249.66 points and the EuroStoxx 50 dropped 1.54% to 4,324.58 points.
The action Banca Carige rose 4.50% to 0.798 euros, the Italian bank benefiting from the rise in interest rates, like its sisters, but also from rumors in the press about interest from Crédit Agricole. The Roman daily, Il Messaggero, says the French bank would be ready to buy out its struggling Italian competitor for a symbolic euro and would like it to be bailed out to the tune of 700 million euros, reports Reuters.
Societe Generale (+ 1.86% to 32.85 euros) and ALD (+ 8.35% to 14.28 euros) climbed in favor of the announcement of the proposed buyout of LeasePlan for 4.9 billion euros. This accretive operation would enable the bank and its subsidiary specializing in long-term rental and fleet management to create a leading global player in mobility solutions. It is said to have a combined total fleet of around 3.5 million vehicles.
Dassault Aviation gained 3.07% to 104.10 euros per share, after taking stock of its order intake and deliveries for the year 2021. It must be said that these figures, which only relate to the number of new planes have something to celebrate. Regarding order intake, 51 Falcon were ordered last year compared to 15 in 2020 and 40 in 2019. The Rafale was also successful with 49 aircraft ordered (37 Export and 12 France). .
Today’s macroeconomic figures
In Germany, industrial orders climbed 3.7% in November. Economists had forecast an increase of 2.1% after the 5.8% decline recorded in October.
In the eurozone, industrial producer prices increased by 1.8% in November 2021 over one month, according to estimates by Eurostat, the statistical office of the European Union. In October 2021, prices had risen 5.4%. On an annual basis, industrial producer prices rose 23.7% in the euro area in November 2021.
In Germany, HICP inflation rose to 5.7% in December 2021 on an annual basis, according to a first estimate by Destatis. This figure is in line with the expectations of the Reuters consensus. In November 2021, inflation had reached 6% year-on-year. Remember that HICP inflation allows comparison between European countries.
To United States, the number of new job seekers reached 207,000 during the week of December 31, 2021, after 200,000 (revised figure of 198,000) during the previous week. Analysts expected 197,000.
To United States, industrial orders rose 1.6% in November, after + 1.2% (revised) in October. Economists were forecasting + 1.5%.
To United States, the US trade balance showed a deficit of $ 80.2 billion in November 2021, against market expectations of -77.1 billion. In October, the deficit was $ 67.2 billion.
To United States, the purchasing managers index (PMI) in services compiled by the ISM fell to 62 in December 2021, the lowest for three months, after a record of 69.1 in November. This is much less than expected by analysts (66.9).
Around 5.45 p.m., the euro crumbles 0.04% to 1.1306 dollars.
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