(CercleFinance.com) – The day after a decline of nearly 0.6% in the CAC40, the Paris Stock Exchange could open with a decline of 0.7% to 6,560 points in view of futures, in a context marked by Jerome Powell’s offensive remarks on monetary policy and a new surge in oil prices.
“The chairman of the Federal Reserve said that policymakers could, if necessary, raise benchmark rates more aggressively by 0.50 basis points in future meetings, to combat high inflation,” said Wells. Fargo.
He adds that the 10-year US bond yield jumped 14 basis points to 2.30%, while the two-year one climbed 18 basis points to 2.12%, thus finding themselves near their highs. levels since May 2019.
The Californian bank also points out that the barrel of WTI crude oil rose 7.4% to 112.5 dollars, ‘after the European Union said it would deliberate on an oil embargo on Russia amid war in Ukraine extends into a fourth week’.
On the securities front in Paris, Ipsos announces that it has reached an agreement to join forces with Ciesmori, a Bolivian expert in market research and public opinion, in which it will transfer assets and take a minority stake of 20% in the capital.
Reacting to the disclosure by Le Monde of elements of the report drawn up by the IGAS and the IGF, Orpea affirms that ‘the elements published in no way presage the definitive conclusions which will appear in the report of the joint inspection mission’.
On the occasion of its second Capital Markets Day, in London, Tikehau Capital aims to reach more than 65 billion euros in assets under management for its asset management activity by 2026, i.e. double of outstandings as of December 31, 2021.
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