(Boursier.com) — THE TREND
The CAC40 corrected by 3.97%, back below 7,000 pts, to 6,787 pts on Monday at the close. Investors remain more than ever concerned about the tensions between the West and Russia around Ukraine: Washington has ordered the evacuation of the families of American diplomats stationed in Kiev, while NATO member countries have placed their armies on high alert and have decided to send reinforcements to Eastern Europe, including warships and fighter jets, Alliance Secretary-General Jens Stoltenberg said on Monday, as Ukraine and Western countries are worried about a possible Russian attack…
The main meeting of the week for the markets will be the meeting, Tuesday and Wednesday, of the Federal Open Market Committee (FOMC) of the American Federal Reserve, which could be the last before the launch of a new bull cycle. rates…
ECO AND CURRENCIES
Discussions continue regarding the pace of potential tightening in 2022, with expectations of four possible quarter-point rate hikes during the year… The Wall Street Journal raises the possibility of a more aggressive response if the officials believe inflation will stay higher for longer. Goldman Sachs also raised the risk of more aggressive tightening, Bloomberg said. Its current baseline assumes rate hikes at meetings in March, June, September and December, but the investment bank notes upside risks amid concerns over prolonged supply chain disruptions , strong wage and rent growth and rising short-term inflation expectations. Analysts flagged the possibility of a Fed rate hike at every currency meeting, should long-term inflation expectations continue to rise or if inflation surprises adversely again. The WSJ also noted that, unlike previous tightening cycles, the Fed could limit forward guidance on rates given greater uncertainties in the labor market, wages and inflation, leaving markets vulnerable to the current volatility.
Oil returns to $85.70 per Brent tonight. The euro stands at 1.13/$.
RISING VALUES
bic : +2.5% with Ipsen (+1%)
Orange (+1%) should appoint this week Christel Heydemann to the post of general manager of the group, according to several sources familiar with the matter reported by the Reuters agency. The Orange board of directors, on which Christel Heydemann has sat since 2017, is due to meet on Friday. Aged 47, she is currently the head of the European operations of the French electrical equipment group Schneider-Electric.
TFF : +0.5% with Ramsay
FALLING VALUES
Orpea corrected by 16% with Korian (-12%) pending the forthcoming publication of a book denouncing the management of certain nursing homes and extracts of which are published today by the daily “Le Monde”.
believe : -9% followed by XFab, Parrot, Innate, Transgene, AB Science and Valneva
DBV : -8% followed by McPhy and Saint-Gobain
CGG : -7.5% with SoiTec, 2CRSI, Rallye, Claranova
Eramet : -7% with Atos, Aubay, Stellantis, Alten and Worldline
Faurecia : -6.5% with Figeac Aero and Manitou