(News Bulletin 247) – After finishing up more than 0.4% at nearly 7,415 points on Friday’s session, the CAC40 could start with a gain of around 0.3%, a week that is announcement rich in statistics on both sides of the Atlantic.
Many data are indeed expected this week in Europe, such as industrial production, a new estimate of GDP and inflation in the euro zone, the ZEW index in Germany or the unemployment rate in France.
‘There is no indication yet that the remarkable improvement in the French labor market is reversing. But we suspect that will be the case later this year when the tightening of monetary policy takes effect,’ warns Capital Economics.
In the United States too, the calendar for the week promises to be rich, with for example the Empire State index this afternoon, then industrial production, retail sales and the Conference Board’s leading indicators for April, in the days coming.
In the securities news, AXA posted revenues up 1% on a comparable basis for the first quarter of 2023, to 31.8 billion euros, including higher premiums in commercial and personal property and casualty insurance, as well as than in foresight.
Worldline announces the launch of its new employee share ownership plan reserved for members of the group savings plan ‘Boost 2023’, with a subscription period scheduled from May 15 to June 2, and settlement-delivery on July 19 .
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