(News Bulletin 247) – The CAC 40 is losing ground mid-session this Monday, while there is a lack of news to guide the market.

A dull start to the week for the Paris Stock Exchange. The CAC 40 dropped 0.4% to 8,117.88 points, with the Parisian market suffering profit-taking in low volumes.

The news is not very lively but it will then accelerate during this week which will only have four sessions in Paris (on Friday, the square will be closed to celebrate Good Friday).

Durable goods orders (Tuesday), the consumer confidence index (Tuesday), the second revision of GDP in the fourth quarter (Thursday) as well as the PCE index (Friday) will constitute the main indicators of the week in the United States. United. In the euro zone, inflation in France and Italy for March will be published.

For now the market will remain attentive to the major central bankers, in particular Christine Lagarde, the president of the European Central Bank (ECB) who is speaking this Monday in Luxembourg, or even Jerome Powell, the president of the Federal Reserve American (Fed), who will speak on Friday.

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Believe in the heart of the battle

“While we still believe that declines will occur, we remain much more cautious about the dynamics of disinflation, particularly in the United States, and to a lesser extent in the United Kingdom, even if here again the deceleration of wages will have to be continue”, underlines Sebastian Paris Horvitz of LBPAM.

On the value side, Dassault Aviation takes 4.7% driven by an increase in advice from Exane BNP Paribas to “outperformance” from “neutral”.

Societe Generale fell 1.5% while Morgan Stanley went from “overweight” to “online weighting”.

Believe advances 6.3% while a major obstacle has been removed to allow a stock market battle around its takeover.

The euro advanced 0.2% against the dollar to 1.0832 dollars. Oil is gaining ground. The May contract on Brent from the North Sea advances 0.5%, while that of the same maturity on WTI in New York also gains 0.5% to 81.09 dollars per barrel.