Investors can (for now) take their breath away. The rebound of European stock markets should continue at the opening in the wake of Wall Street and Tokyo (+ 0.16% for the Nikkei at the close). Investors are hopeful that the vaccines will be enough to preserve the economic recovery from Omicron. They also recall that companies generally have solid balance sheets and are banking on a gradual normalization of the monetary policies of the major central banks in an environment that has become more uncertain. Markets will react to a few US statistics, including third quarter GDP.
European equity markets accelerated their rebound yesterday in the wake of Wall Street. Other risky assets, like oil, are in the green. Investors are reassured by the UK’s decision to postpone the announcement of new health restrictions. However, this improvement is likely to be short-lived as the spread of Omicron is dazzling. In terms of values, those of the “Bolloré galaxy” were supported by the offer to buy back transport and logistics activities in Africa. The CAC 40 gained 1.38% to 6,964.99 points and the Euro Stoxx 50: + 1.61%.
>> Buy and sell your investments (stocks, cryptocurrencies, gold, etc.) at the right time thanks to Momentum, Capital’s newsletter on technical analysis. And right now, with the promo code CAPITAL30J, enjoy a month of free trial.
The values to follow today
Agricultural credit
Crédit Agricole Consumer Finance has affirmed its strategic ambition to develop automobile financing and encourage new forms of mobility, in accordance with the Crédit Agricole Group project. In this context, it invests 100 million euros in the capital of Cosmobilis, the holding company of ByMyCAR, the leading French automobile distribution group in Europe, which is developing in new forms of mobility.
Sopra Steria
Sopra Steria has finalized the acquisition of EVA Group, a company specializing in cybersecurity. The acquisition project was previously announced on October 12, 2021. “This acquisition will significantly increase the strike force in the very promising and critical field of cybersecurity and will strengthen the offer of information systems security services to customers. major customers of the group “, explains the specialist in digital transformation. It will act as an acceleration lever to position the group as one of the three leaders in the cybersecurity market in France.
Balyo
Balyo has announced the renewal of the order commitment from its industrial partner, Linde Material Handling, for fiscal year 2022. For the third consecutive year, the two partners have decided to enter into a contractual agreement with their collaboration by signing a framework order contract. Linde Material Handling has thus committed to order Balyo solutions for an amount of € 13.9 million during fiscal year 2022.
Albioma
Albioma has announced that it has entered into exclusive negotiations with Turcas Petrol A.Ş. with a view to the acquisition of a second geothermal power plant in Turkey, located in the province of Aydin. This transaction will be finalized in the coming months, subject to the satisfaction of certain conditions precedent, including obtaining prior authorizations from the relevant regulatory and competition authorities.
Macroeconomic figures
Producer prices in November in France are expected at 8.45 a.m.
The final figures for US growth in the third quarter are due at 2:30 p.m. Sales of second-hand homes in November and the Conference Board’s consumer confidence index in December will be released at 4 p.m.
The weekly evolution of oil stocks in the United States will be known at 4.30 p.m.
Around 8:30 a.m., the euro gave up 0.15% to $ 1.1267.
Yesterday on Wall Street
US equity markets rebounded strongly after losing more than 1% on Monday. They were notably supported by favorable news from the securities side; Micron and Nike having unveiled good results. A certain return of appetite for risk has been noted on the world stock markets. However, this improvement is likely to be short-lived as the spread of Omicron is dazzling in the United States and Europe. The Dow Jones gained 1.6% to 35,492.70 points while the Nasdaq Composite gained 2.4% to 15,341.09 points.