(CercleFinance.com) – The Paris Stock Exchange should start the new year on the right foot, given futures on the CAC40 up around 0.4%, after a prosperous year 2023 which saw the index gain order of 16.5% to finish at 7543 points.
The year 2024 could therefore begin with a certain optimism, still fueled by hopes of rate cuts by the major central banks in the face of a continued decline in inflation and sluggish economic growth.
‘The weak economy should contribute to bringing inflation down to around 2% at the end of 2024 in the euro zone and in Switzerland, a figure falling within the ‘comfort zone’ of central banks’, SwissLife AM predicted last week .
This first week of 2024 promises to be rich on the statistics front, with in particular the PMI indices (starting with those of the manufacturing sector this morning), the inflation figures in the euro zone and even those of unemployment in the United States. United.
In securities news, Danone announces the signing of an agreement to sell its organic dairy products activities in the United States to the American investment company Platinum Equity, as part of its asset rotation.
TotalEnergies announces the start of production of the second phase of development of the Mero field, located on the Libra block, more than 180 kilometers offshore Rio de Janeiro, Brazil, in the pre-salt Santos basin.
Valneva says the €90 million to €110 million in proceeds related to the potential sale of its CHIKV vaccine priority review voucher, which were previously expected by the end of 2023, are now expected in early 2024 .
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