Market: Persistent optimism with Ukraine


(CercleFinance.com) – Futures on the CAC40 predict an opening on an increase of around 2% to 6770 points, the day after a session which saw the flagship Parisian index climb by nearly 3.1% on hopes for a way out of the war in Ukraine.

“The optimism generated by today’s ceasefire talks between senior Russian and Ukrainian officials was cited as a factor supporting market sentiment,” Wells Fargo said on Tuesday evening.

‘Moscow said it would ‘drastically reduce’ military activity near kyiv, while Ukrainian officials signaled their openness to neutral status under a peace deal, the bank said.

Among the statistics of the day, should appear the ESI indices of economic sentiment in the euro zone this morning, then the results of the ADP survey on private employment in the United States and the last estimate of American growth at the beginning of afternoon.

As for Parisian values, the property company Unibail-Rodamco-Westfield (URW) announces the resumption of the payment of a permanent dividend from the 2023 financial year, on the occasion of the presentation of its strategic plan.

The Rémy Cointreau wine and spirits group has announced that it is changing the structure of its executive committee, notably with the creation of a chief transformation officer and a group communication department.

Copyright (c) 2022 CercleFinance.com. All rights reserved.



Source link -84