(News Bulletin 247) – European stock markets rose slightly this Friday morning (+0.3% in London and Frankfurt, +0.2% in Paris), pending an afternoon that promises to be particularly charged on the front of the news in the United States.
‘The main American banks (JPMorgan, Citigroup, Wells Fargo) and the health insurer UnitedHealth, also present in the index of 30 industrials, must publish their quarterly results’, underlines Kiplink.
In addition to these releases, which will kick off the first-quarter earnings season, traders will take notice of a fresh burst of US statistics, including March import prices, retail sales and industrial production.
For the time being, on this side of the Atlantic, INSEE has revised its estimate of inflation in France slightly up by 0.1 point: over one year, consumer prices have finally increased there. 5.7% in March, after 6.3% in February.
As for values, Hermès gains 1% in Paris after the announcement by the luxury house of a 22% increase in quarterly sales, with activity “dynamic in all geographical areas and in all trades”. .
Novo Nordisk still takes more than 2% on the OMX, continuing to benefit from an increase in annual forecasts, announced Thursday by the Danish pharmaceutical company, which Oddo and Stifel welcome by increasing their price targets.
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