THE TREND
(Boursier.com) — The CAC 40 will open sharply higher according to the precedence indicators and will thus attempt to extricate itself from the 7,400 point zone. The imminent publication of monthly inflation figures in the United States could, however, somewhat restrain investors who, for several sessions, have been reassessing the timetable for rate cuts by the major central banks. The figure, expected at 2:30 p.m., could revive or remove doubts about this timetable and the extent of a potential shift in the monetary policy of the American central bank.
WALL STREET
At the close on Wall Street, the markets ended in the green this Wednesday, supported by a few technology stocks. The S&P 500 gained +0.57% to 4,783 pts. The Dow Jones rose +0.45% to 37,695 pts. The Nasdaq signs a 4th consecutive increase with a gain of +0.75% to 14,969 pts. Despite the index optimism, operators maintain a certain amount of caution while awaiting this weekend’s inflation figures, and the first quarterly publications…
ECO AND CURRENCIES
UNITED STATES :
– American Consumer Price Index. (2:30 p.m.)
– Weekly unemployment registrations. (2:30 p.m.)
– American budgetary balance. (8:00 p.m.)
Europe:
– Spanish industrial production. (09:00)
– Italian industrial production. (10:00 a.m.)
The euro/dollar parity reached $1.0986 this morning. A barrel of Brent is trading at $77.44. An ounce of gold sells for $2,034.
VALUES TO FOLLOW
OVH reveals a turnover of 240 million euros in the first quarter of 2024, an increase of 12% on a comparable basis compared to 2023. The company confirms its annual objectives for 2024, namely organic growth in turnover of between 11% and 13%, an adjusted EBITDA margin above 37%, recurring Capex around 16% of revenue, growth Capex around 24% of revenue and a generation of ” Unlevered Free cash flow” in the second half of 2024.
Casino: On January 9, the Financial Markets Authority granted an exemption from the obligation for the members of the Consortium acting in concert (composed of EP Equity Investment III sàrl, Fimalac and Attestor) and their investment vehicle (France Retail Holdings) to file a proposed public offer for the shares.
LATEST SALES/RESULTS PUBLICATIONS…
Klarsen, SMTPC, Logic Instrument, Archos, SpineGuard, Ekinops
THE LATEST “RECOS” FROM ANALYSTS…
BNP Paribas Exane takes over monitoring of Teleperformance to ‘outperform’.
Jefferies goes ‘purchase’ on Mercialys.
MARKET INFO
ESI Group: results of the offer
Gévelot: Sopofam above 50% capital
Inventiva: drawing of 25 ME from the EIB
Vinci renews its syndicated credit line
AXA places 1.5 billion Restricted Tier 1 bonds
IN SHORT
Obiz enters into a strategic partnership with Sportyneo
Eiffage: contract of more than 63 ME in Paris
Freelance offers the STA group