(BFM Stock Exchange)-The Paris Stock Exchange offers a rebound this Friday, reassured by a political agreement in Germany which puts on good rails the mega-plan of investments as well as by hopes that the “Shutdown” in the United States can be avoided. On the whole week, the results are a little less flattering for the CAC 40 due to the multiple customs offensives of Donald Trump.

The Paris Stock Exchange completes this week on a good note. The CAC 40 rebounded by 1.13%, which allows it to finish its race beyond 8,000 points at 8,028.28 points this Friday, March 14.

The Paris market was carried by positive signals. In Germany, the future chancellor Friedrich Merz has reached an agreement with the Greens which should allow the mega investment plan (around 900 billion euros) in defense and infrastructure to be adopted.

With the support of environmental deputies, the leader of the Conservative Party is strong by a majority of two thirds necessary for constitutional changes and soften the rules of indebtedness across the Rhine. Which is a prerequisite for this plan to be implemented.

The text will be submitted to a vote next Tuesday at the Bundestag, before passing through the hands of the Bundesrat.

Massive investments in Germany

In Frankfurt, the Dax closes in sharp increase of 1.65%, welcoming this agreement. On the Paris Stock Exchange, the defense values ​​have logically progressed. Thales finished at the top of the CAC 40 thanks to a gain of 5.6% while Safran increased by 2.3%. Excluding CAC 40, Dassault Aviation took 5.7%.

Following the announcements in Germany, sovereign rates were clearly tense on the bond market. The rate of the German loan at 10 years changes to 2.875%, after a higher at 2.9355%. The same -term in France is 3.56% after a peak at 3.615% at unprecedented levels since 2011. The German investment plan augurant with an influx of German paper on the debt market.

In the United States, the prospect of a “Shutdown”, that is to say the closure of American federal services, seems to be moving away. “After the closing of the American Stock Exchange (Thursday evening, Editor’s note), the chief of the Democrat minority in the Senate, Chuck Schumer, said that he would vote in favor of the republican bill rather than attending a ‘Shutdown,” said Deutsche Bank.

Indeed, Wall Street also resumes, with a Dow Jones up 1.4%, a S&P 500 up 1.8%when the Nasdaq rebounded by more than 2%, at the end of European markets. Investors ignored the publication in the afternoon of a decline in the expectations of morale for American consumers, according to the preliminary estimate of the University of Michigan, the confidence index contracted 57.9 points in March against 64.7 in February.

On the week, however, the CAC 40 displays its strongest weekly decrease in the year with a decline of 1.14%, shaken by various Donald Trump offensives on customs duties. “The world’s global customs duties rate is expected to reach around 8%, the highest since the 1940s,” said Allianz Trade experts.

Kering strongly decreases

On the values ​​side, Kering dropped 10.71%, the scholarship sanctioning the appointment of the new artistic director of Gucci, Demna.

Vivendi rendered 3%, penalized by UMG’s withdrawal (-8.75%) – of which it holds almost 10% – on the Amsterdam Stock Exchange due to the transfer of action by Pershing Square, funds of the famous investor Bill Ackman.

Excluding CAC 40, Rubis rebounded 5.35% after announcing satisfactory results as well as changes within its governance.

Stef dropped 8% sanctioned for its annual results, marked by a retreat of profitability greater than feared.

In the other markets, the euro resumes 0.3% against the dollar, reaching 1.0884 dollars. Oil is advancing a little. The May contract on the Brent de Mer du Nord takes 0.8% at $ 70.42 per barrel while the April on the WTI on the WTI in New York advances from 0.8% to 67.09 Dollars per barrel.

Gold progresses at $ 2,987.76 per ounce, after having exceeded the symbolic milestone of 3,000 dollars per morning at the end of the morning, carried in particular by geopolitical tensions.