(BFM Bourse) – After setting a historic record during the session, the Parisian index ended its run on Tuesday slightly down at 7543.55 points. The inflation figures published today in the United States have somewhat dampened market enthusiasm.
The Parisian market takes a break this Tuesday after becoming aware of a major statistic in the United States, namely the consumer price index (CPI) in the United States, which makes it possible to measure inflation.
And these figures slightly surprised investors, particularly on a monthly basis. The consumer price index increased by 0.1% over one month in November, where the consensus was banking on stability of this indicator compared to October.
This key statistic comes on the eve of the publication of the American Federal Reserve’s decision on its rates. If a status quo on rates is widely expected, operators will be attentive to the tone used, more or less muscular, more or less restrictive, to try to guess when the first rate cuts could be considered.
This will therefore be the last meeting of the year, just like for the European Central Bank, whose verdict is expected on Thursday.
In this wait-and-see context before these two major meetings, the CAC 40 is down 0.11% at the close at 7558.35 points, not without having established a new session record at the end of the morning at 7582. .47 points. Its closing record of 7,577 points recorded on April 21 has therefore not yet been beaten.
Small road trip for Renault
Red lantern of the CAC, Renault lost 1% after announcing the sale of around 5% of the capital of its partner Nissan, an operation which will result in a significant accounting loss in its net income.
On the smaller valuation side, biotech Valbiotis plunged 14.9% after announcing a capital increase of 15 million euros.
On other markets, the euro gained 0.2% against the dollar to 1.0790 dollars, before the decision of the American Federal Reserve. Oil drops almost 4%. The February North Sea Brent contract plunged 3.8% to $73.12 per barrel while the January contract for WTI listed in New York fell 3.95% to $68.50 per barrel. and returns not far from its July lows.
Sabrina Sadgui – ©2023 BFM Bourse