(CercleFinance.com) – Driven since the opening by a bullish current, the Paris Stock Exchange gained more than 1% 30 minutes from the close, around 6,540 points. In this 2nd week of August, volumes remain extremely reduced, with less than 1200 ME traded since this morning.
A bullish wind is also blowing from the United States where the S&P500 and the Dow Jones gain between 0.8% and 0.9%, behind the Nasdaq which assumes nearly 1.3%.
Investors, few in number in this period, seem to put aside the geopolitical tensions of the past week to focus on economic news, while being reluctant to take positions that are too clear-cut.
For the past few weeks, global stock markets have been rocked by contradictory currents, torn between diverging economic signals.
While the outlook appears rather favorable for activity in the United States and for companies, investor enthusiasm is limited by growing expectations of an acceleration in inflation.
The fear of missing out (‘fear of missing out’, or FOMO) has nevertheless fueled successive waves of cheap redemptions, which have enabled the CAC 40 index to recover nearly 10% since mid-July .
For his part, Aurel BGC highlights the drop in world food prices in July, driven down by the price of cereals and vegetable oils.
The barrel of Brent North Sea yields 0.3% and is now trading for $94 a barrel, while the euro is practically stable against the greenback, at $1.0219.
In the United States, the publication this week of many figures relating to inflation could prove decisive for the trend by providing more information on the Federal Reserve’s next decisions.
Market players will notably take note, on Wednesday, of the latest inflation figures in Germany, then of industrial producer prices on Thursday in the United States.
In securities news, Claranova indicates that it has maintained stable turnover for the 2021-22 financial year (+1%) at 474 million euros, in an environment marked by the Ukrainian conflict and despite the ‘new challenges marketing in terms of customer targeting for its PlanetArt’ division.
Veolia announces the signing of a unilateral purchase agreement by which Macquarie Asset Management irrevocably undertakes to acquire 100% of the capital of Suez Recycling and Recovery UK Group Holdings Ltd, for approximately 2.4 billion euros.
Neovacs announces that it has entered into negotiations with Pharnext in order to support this biopharmaceutical company at an advanced clinical stage developing new therapies for neurodegenerative diseases without a satisfactory therapeutic solution.
Finally, Navya is announcing a new partnership in the United States with the Minnesota Department of Transportation, AECOM, and the city of White Bear Lake (Minnesota), for the deployment of a Navya Autonom Arma shuttle as part of a pilot project. for a period of one year.
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