(News Bulletin 247) – After the major events of the past two weeks, the Paris Stock Exchange is preparing for a quieter week, shared between a few economic indicators and the latest publications of the earnings season.
Around 8:15 a.m., the ‘future’ contract on the CAC 40 index – November delivery – fell 9.5 points to 6408 points, announcing a short break to start the week.
The stock markets took the shock of the announcement of a slightly more restrictive policy on the part of the Federal Reserve last Wednesday rather well, as evidenced by the drop of only 1.4% suffered by the Dow Jones last week. .
In Paris, the CAC 40 even achieved a spectacular weekly gain of more than 2.3%.
The new week that opens today promises to be much calmer, offering investors a welcome respite to digest the announcements on the economy and the future evolution of monetary policies.
The main meeting of the week will be set for Thursday, with the publication of the latest inflation figures in the United States, which should again come out at a high level.
Analysts are expecting a consumer price index (CPI) up 0.7% for the month of October compared to September, which should put it at 8% on an annual basis.
Politics could also play a role in the absence of major economic indicators with the holding of midterm elections in the United States on Thursday.
Recent polls suggest that Democrats, undermined by soaring inflation in the country, could lose their majority in the House of Representatives.
On the results side, the last laggards of the results season will unveil their accounts this week, starting with Disney tomorrow, which will be imitated in this by a few second knives like DuPont or Palantir.
In Europe, the week will be marked by publications from groups such as ArcelorMittal, AstraZeneca, Bayer, Deutsche Telekom, Engie or Valneva.
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