(CercleFinance.com) – Up around 0.2%, CAC40 futures predict timid gains in Paris, to begin a session expected to be dominated, in the middle of the day, by the consumer price index (CPI) American for the past month.
‘The increase in the CPI is expected at 0.4% monthly. If this is the case, this would confirm a strengthening of inflation in the first quarter’, warns Oddo BHF, for whom this statistic ‘has the potential to be a big market mover’.
The research office recalls that underlying inflation tends to recover and its level, around 4% per year, “is not comfortable for the Fed”, which “confirmed that its central scenario was to lower its rates in 2024, but not right away’.
As an indication, Jefferies anticipates shortly the announcement of an annual inflation rate up 0.1 point to 3.2% in raw data, but down 0.2 point to 3. 7% in underlying data (excluding energy and food).
In stock news, Accor has entered into a share purchase agreement aimed at repurchasing a block of seven million of its own shares – representing 2.77% of its capital – from Jinjiang International, for an amount of 275 millions of euros.
Séché Environnement has revealed net income, group share, of 6.13 euros per share for its 2023 financial year, an increase of 23.2%, and will therefore propose an annual dividend of 1.20 euros per share (compared to 1.10 euro for 2022).
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