(News Bulletin 247) – The Paris Stock Exchange is taking a break after its records. The CAC 40 is falling this Monday at mid-session before the publication this week of data relating to prices in the United States and the euro zone.

Investors will have to be patient before seeing the Parisian market reach the symbolic threshold of 8,000 points. The CAC 40 is in fact down 0.32% to 7,941.30 points on Monday at mid-session and is moving away from its peaks reached on Friday, including closing at 7,966.68 points.

The Parisian index is therefore taking a breath after having had eight bullish sessions in a row and gained nearly 2.6% last week. Nvidia’s stratospheric results published last week fueled this wind of optimism on global markets.

There, it is the data relating to inflation in the United States and Europe which will hold the attention of investors this week. Across the Atlantic, prices for personal consumption expenditures (PCE) – the US Federal Reserve’s (Fed) favorite inflation measure – for January will be published on Thursday, before euro zone inflation figures on Friday.

This data will be all the more scrutinized as it will give valuable indications on the future monetary policies of the Fed and the European Central Bank. The Fed’s latest minutes, released Wednesday evening, “did not provide much clarity on the timing of reductions, but highlighted members’ concerns about a premature easing of monetary policy,” comment Barclays economists.

In Paris, several major publications are planned this week. Bouygues, Edenred or Eurofins Scientific will publish this Tuesday before Saint-Gobain, Air France-KLM, Arkema or Veolia Environnement on Thursday.

The return of speculation on SMCP

In the meantime, the news is reduced to its strict minimum this Monday. Sanofi rose 0.7% after revealing positive results for a phase 2 trial evaluating rilzabrutinib for the treatment of chronic urticaria in adults.

Renault lost 1.3%. The diamond brand presented this Monday at the Geneva International Motor Show its new R5, the electric version of its iconic model from the 70s and 80s.

Outside the CAC 40, SMCP jumped 6.3% while according to Les Echos, a decision by a London court could accelerate the process of restructuring the capital of the “accessible luxury” specialist.

On the foreign exchange market, the euro gained 0.3% to 1.0849 dollars. Oil continues to decline after dropping more than 2% on Friday. The April contract on Brent from the North Sea returned 0.3% to 80.58 dollars per barrel while that on WTI listed in New York also lost 0.3% to 76.27 dollars per barrel.