The pressure will go up a notch again this Wednesday on the stock market with the publication, at 11 a.m., of the figures for inflation in the euro zone for the month of August. On Tuesday, we became aware of the evolution of consumer prices in Spain, then in Germany. The former showed some decline in overall data, to 10.3% over one year against 10.7% in July, but they increased excluding volatile elements (food and energy), from 6.1% to 6.4 %. Across the Rhine, they came out in line with expectations, although up (8.8%, after 8.5% in July). As for the euro zone, the Bloomberg consensus expects inflation to rise slightly, by 0.1 point, to a new peak of 9%, again over one year. In data coreit should amount to 4.1%, against 4% in July.
It was just before the start of the European session that these same preliminary figures for August were released in France. In France, we are also expecting household consumption expenditure and producer prices for the month of July. In Germany, the unemployment statistics for August will be announced shortly before 10 a.m.
300,000 jobs in the private sector in the United States
In the afternoon, direction the United States, the most important appointment being scheduled for 2:15 p.m. employment figures for the month ending according to the ADP firm, which measures the change in the number of job creations in the private sector. The Bloomberg consensus expects 300,000 new jobs in August. Later in the day, it will be the Chicago area purchasing managers’ manufacturing PMI for the same month (3:45 p.m.) and the Department of Energy’s weekly oil inventories (4:30 p.m.).
On the business side, BioMerieux, Eiffage, ID Logistics and memscap present their first-half results. The home hospitalization specialist Bastide Medical comfort lifts the veil on its turnover for the 2021-2022 financial year.