Prime or Prime Minister? The results of the vote of the 200,000 members of the Conservative Party will be revealed on Monday and we will finally know who, Liz Truss or Rishi Sunak, will succeed Boris Johnson at 10 Downing Street.
The big meeting of the week, for operators, will be that of the Board of Governors of the European Central Bank this Thursday, September 8, which will make its decision on monetary policy. After Jerome Powell’s speech with more incisive content than expected at the Jackson Hole symposium on August 26, the markets will be waiting impatiently for the weekend to learn of Frankfurt’s decisions on interest rates. ‘interest. An increase of 75 basis points is not excluded.
Labor Day!
This Monday, in addition to this political event across the Channel, the agenda will be sparse. Especially since the American markets will be closed for Labor Day.
We will still wait for some European statistics. First in the euro zone, at 10:30 am, the PMI index for the non-manufacturing sector for the month of August will be unveiled. In the process, the Sentix index of investor confidence for September will be published, anticipated at -27.3 by the Bloomberg consensus, against -25.2 in August. Then, place for retail sales in July, expected to decline, but more limited, by 0.9% after a drop of 3.7% the previous month. Before the opening of the Paris Stock Exchange, the PMI indices of purchases in services for the month of August will also have been published in China and Japan.
Semesters on the program
As for values, we will be watching several publications of results for the first half of the year: those of the personal protection specialist Delta Plus, the champagne merchant Lanson-BBC, the industrial group SergeFerrari and the specialist in building opening and closing automation. and the Somfy connected home.