Market: Waiting for US employment


(CercleFinance.com) – After a 1.6% increase in the CAC40 the day before, the Paris Stock Exchange should mark time, according to stable futures around 6,000 points, pending the official report from the Department of Labor ( DoL) on US employment in June.

For this report, which should be watched closely by operators concerned about the threat of a recession, Jefferies anticipates, for example, 320,000 non-agricultural job creations and a decline in the unemployment rate to 3.5% in the United States.

“We believe that non-farm employment will have increased by only 225,000 jobs, which would be the slowest monthly growth rate of employment in 18 months”, indicates for its part Deutsche Bank, which however also sees the unemployment rate at 3.5%.

The report on employment should hold all the more attention as that of the ADP firm, which was to appear the day before, was finally canceled due to a change in methodology which must be put in place for future publications. .

In the securities news in Paris, Eurazeo announces the completion of the sale to Safran of its majority stake in Orolia, a company specializing in R-PNT (Resilient Positioning, Navigation and Timing) solutions and applications.

La Française des Jeux announces that it has entered into exclusive negotiations with Aleda, with a view to acquiring this collection and payment solutions company present in more than 2,500 points of sale in France.

The agri-food group LDC announces sales of 1.34 billion euros for its first quarter of 2022-23, up 12.2% year-on-year (including +10.4% at identical scope and rate). constant exchange rate).

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