(BFM Stock Exchange) – The Paris Stock Exchange ends the week on a dull note, which feverishly welcoming the last report on American employment which still further removes anticipations of Fed rate drops. The CAC 40 finished with 0.43% withdrawn this Friday, but won 0.29% over the week.

Crossed the day before, the threshold of 8,000 points will have barely held 24 hours. The Paris Stock Exchange completes this dense week in folding news, undermined by the disappointing results of L’Oréal and a report on employment which suggests the maintenance of a restrictive bias on the part of the American Federal Reserve (Fed). The CAC 40 therefore fell down 0.43% to 7,973.03 points, this Friday, January 7, but wins 0.29% over the week.

Investors have therefore read the flagship statistics of the day, namely the monthly American employment report. In January, the United States has recorded the creation of 143,000 jobs, less than the 169,000 job creations expected by consensus.

The unemployment rate has slightly increased to 4%, when stagnation at 4.1% was planned, while the increase in average salary accelerated at 4.1% over one year, against a deceleration expected at 3.8 %.

“After a week in a sawfall marked by changing macroeconomic scenarios, the employment report could be the decisive element, either by strengthening the patient position of the Fed, or by completely jostling expectations,” said Stephen Innes of SPI AM before the publication of statistics.

Vinci with a reinforced concrete cash

This report should therefore encourage the American federal reserve to maintain its guiding rates at current levels.

The tension of the market has been reinforced by an index of consumer confidence in the United States significantly lower than expectations, due to fears about inflation. He fell to 67.8 points in February, against expectations at 71.3 points, and after 71.1 points in January, marking a second month of consecutive decline.

Investors have also continued to dissect business publications. L’Oréal dropped 3.9%, after having published an activity below expectations in the fourth quarter.

Vinci won 2.4%. The construction and concession group has unveiled results above expectations and above all published a cash flow that exploded the consensus.

In other markets, the euro fell 0.4% to $ 1.0342. Oil is advancing a little. The April contract on the Brent de Mer du Nord takes 0.2% at 74.47 Dollars per barrel while that of March on the WTI listed in New York advances from 0.2% to 70.77 dollars per barrel.