(BFM Stock Exchange) – The CAC 40 is clearly retreating while the market awaits the last report on American employment, which will be published at 2:30 p.m. this Friday, March 7. But investors are somewhat confused by Donald Trump’s procrastination on customs surcharges.

When he had come close to his records during the week, CAC 40 is clearly moved away this Friday, March 7. The Parisian index abandoned 1.2% to 8,099.12 points in the early afternoon.

Investors are waiting for the US employment report at 2:30 p.m. Economists are counting on 170,000 job creations for the month of February against 143,000 previously as well as on a stable unemployment rate at 4%.

For the moment, investors still seem to be disoriented by the procrastination of the Trump administration on customs duties.

>> Access our exclusive graphic analyzes, and enter into the confidence of the trading portfolio

Cacophony on customs duties

For the second time in a month, Donald Trump has suspended the application of customs surcharge on imports from Mexico and Canada for products that respect the specifications of the free trade agreement between the three countries (ACEUM).

“This might seem positive, but the markets seem to be increasingly worried by the erratic nature of economic policy decisions,” notes Sebastian Paris Horvitz, director of LBPAM research.

“Thus, investors’ confidence is altered, partly explaining the sharp drop in stock market indices across the Atlantic (…) In our opinion, the confused nature of the policies implemented, and not particularly pro-business, create a risk: that of an even more marked correction of the indices,” he notes.

On the side of the values, the Parisian rating evolves in bright red, the vast majority of the fee coast with the exception of a few defensive values ​​such as Danone (+0.9%) and Orange (+0.7%).

In the other markets, the euro includes 0.6% to 1.0852 dollars. Oil is progressing. The May contract on the Brent de Mer du Nord advances 1.4% to $ 70.45 per barrel while the April that on WTI advances 1.8% to 67.53 a barrel.