(CercleFinance.com) – After a session of the ‘3 witches’ which was among the least active in terms of volumes for 35 years on Friday, the June stock market term begins on an equally singular basis with barely 2.8 billion euros. euros traded during the session.
In this context, the CAC40 concedes 0.18%, to 7478 points today, despite the notable performance of Dassault Systèmes (+4.4%). The markets seem to be playing it safe while waiting for progress on the US debt ceiling file.
Wall Street, which ended in a slight decline on Friday after Republican leader McCarthy declared that negotiations had been halted, reopened without direction on Monday, with the Dow Jones falling -0.2% and the S&P500 climbing painfully 0.1%.
The markets are a little bereft of inspiration in the absence of macro figures but the next few days will be livelier with the publication of the PMI indices in flash estimate, inflation in the United Kingdom, business climate indices in France and in Germany, as well as a new estimate of German GDP.
In the United States, the end of the week will be marked by the publication of a new estimate of economic growth, then of household income and expenditure, accompanied by a PCE price index usually scrutinized closely by the Fed.
The bond markets are showing very little volatility, with a stagnation of US T-Bonds around 3.695% and a slight deterioration of OATs and Bunds which add 3 Pts of yield to 3.0305% and 2.456% respectively.
The Euro/Dollar pair is almost stable, the $ takes 0.1% to 1.0805 $/euro.
In the news of values in Paris, Sanofi announces the presentation of positive results of a phase III trial evaluating its Dupixent in chronic obstructive pulmonary disease, at the international congress of the American Thoracic Society.
Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), announces the successful launch of five additional spare satellites it has built for the modernized constellation of Iridium telecommunications satellites.
TotalEnergies indicates that it has received from the Ministry of Energy Transition and Autonomous Communities the environmental authorizations necessary to carry out solar projects for a total capacity estimated at three gigawatts in Spain.
Atos announces a three-year contract extension linking its subsidiary Eviden and the University of Edinburgh, to increase the capacity of the BullSequana XH2000, a supercomputer supplied to facilitate the work of the universities of Cambridge, Durham, Leicester and Edinburgh.
Finally, Coface indicates that AM best confirmed on May 19 its financial soundness rating (IFS) ‘A’ (Excellent) assigned to the credit insurance group, as well as to CNAIC and Coface Ré, with an outlook always ‘stable’.
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