(News Bulletin 247) – Futures on the CAC40, up around 0.4%, bode well for a confident opening on the Paris Stock Exchange for this Wednesday, which should be dominated by the publication, at the start of the day. noon, consumer prices (CPI) in the United States.
‘The latter should fall again: the headline CPI is expected at 3.1%, the lowest since April 2021, and the underlying CPI should come out at 5%, against 5.3% in May ‘, emphasizes Vincent Boy, market analyst at IG France.
Adding that members of the Fed are due to speak this week, the professional thinks they should be positive on inflation and ‘could increasingly suggest that rate hikes should be over soon’.
“Regardless of our expectations of a slightly better inflation report, we still expect the Fed to raise rates at the next meeting,” warns Tiffany Wilding, economist at PIMCO.
In the news of Parisian stocks, Thales has entered into exclusive negotiations with a view to acquiring Cobham Aerospace Communications, a supplier of advanced communications systems for cockpits.
Bolloré has entered into the contract for the sale of 100% of Bolloré Logistics to the CMA CGM Group, following the completion of the information and consultation procedures, as well as the exercise by Bolloré of the promise to purchase received on 8 may.
Euronext announces the launch of two new SBT indices, Euronext Europe SBT 1.5° and Euronext Eurozone SBT 1.5°, to ‘respond to the growing demand from investors and markets for sustainable investment tools’.
Copyright (c) 2023 News Bulletin 247. All rights reserved.
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.
