The Paris Stock Exchange was hovering around equilibrium (+0.08%) in the first trade on Wednesday, after five sessions of slight growth and before a publication by the American Central Bank.
The star CAC 40 index rose by 5.25 points to 6,597.83 points around 9:40 a.m. On Tuesday, he had taken 0.34%.
There are still a lot of investors missing in the trading rooms and the news remains poor for the Paris market.
Inflation remains the central macroeconomic theme, with prices rising 10.1% in July over one year in the United Kingdom, according to data published on Wednesday.
It is above all the attitude of the American central bank towards inflation that drives investors. They hope that the economic slowdown will push the institution to more moderation in its hikes in its key rate, after several spectacular increases in 2022.
At the end of the last meeting of the Fed at the end of July, its chairman Jerome Powell had evoked the idea that it could be tempted to pivot and to concentrate on the return of growth rather than on the fight against the rise in prices. prices, recalls Michael Hewson, analyst at CMC Markets.
Equity markets have been rising ever since, he continues.
But the publication of the minutes of the discussions of this meeting, the minutes, scheduled after the Paris closing, could upset this certainty, other Fed officials being much less accommodating than Mr. Powell.
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Breast cancer: Sanofi abandons amcenestrant
The laboratory fell in the first exchanges (-4.18% to 82.97 euros) after ending the global clinical development program for amcenestrant, designed to fight breast cancer, due to results of phase III trials , one of the last stages of research, deemed inconclusive.
The stock had already been rocky last week, having fallen 12% in two sessions after a note from UBS not seeing any positive momentum in the stock.