(CercleFinance.com) – The Paris stock market seems literally frozen since the opening, posting a slight increase of 0.3 to 0.4%, around 6615 points, at the start of a week which promises to be rich in statistics, including US statistics relating to inflation (producer prices, Tuesday), consumption (retail sales, Wednesday) and real estate (housing starts, Friday).
The scores are strictly identical on the Euro-Soxx50 and the FT-100 in London
After a sharper-than-expected slowdown in inflation in the United States in October, investors will have to pull out their magnifying glass to get a clearer picture of the economy and the Fed’s ability to orchestrate a ‘soft landing’ for the economy. economy, the market’s dream scenario right now.
All of these elements will allow market participants to better guess to what extent, and under what timetable, the Federal Reserve will decide to raise its interest rates again.
On the other hand, indicators confirming the resilience of the US economy could dampen enthusiasm for equities, lest this prompt the Fed to be even more aggressive.
As a high point in the euro zone, the first estimate of third-quarter GDP – which will be released on Tuesday – should show that activity in the region is holding up well for the time being.
Geopolitics will also be on the menu for the week, with the holding of the G20 summit, which will be held tomorrow and the day after tomorrow in Indonesia.
For the time being, the trend should remain driven by the favorable orientation of Chinese stock markets, which are benefiting from the implementation of new anti-Covid measures aimed at ‘minimizing’ the impact of confinement on economic activity and services deemed essential to the population.
In corporate news, Teleperformance announces that a meeting between its Colombian subsidiary and the Colombian Ministry of Labor will be held on Wednesday, November 16, in order to initiate dialogue with the recently elected government regarding its operations in Colombia.
Orange Cyberdefense announces that it has acquired 100% of SCRT and Telsys, two sister companies based near Lausanne (Switzerland), and employing around 100 employees, experts in cybersecurity and related services, equally spread over the offices of Geneva and Bern.
The biochemical company Global Bioenergies announces that it is starting a collaboration with the oil and gas giant Shell to develop and test low-carbon road fuels.
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