(BFM Stock Exchange) – The star index of the Paris Stock Exchange approaches the 8,200 points supported by the Wall Street rebound attempt and after figures from final inflation than feared in February for the euro zone. Investors now have the FED monetary policy decision online.
It is ultimately a four following for the Paris Stock Exchange. The CAC 40, which was in pause mode at midday, accelerated its gains in the afternoon to close up 0.7% to 8,171.47 points, this Wednesday, March 19.
In small touches, the Parisian square is closer to the 8,200 points. In New York, the American clues are trying to relaunch themselves. At the end of European markets, the Dow Jones increased by 0.6%, and the NASDAQ resumes 1%when the S&P 500 gains 0.75%.
The markets are therefore positively oriented before the Verdict of the American Federal Reserve (Fed) on its guiding rates. Investors wait with a probability of 99% one status quo on rates.
The Fed in high point of the session
It will be followed by the traditional conference of its president, Jerome Powell. This meeting “will be particularly important to follow because the Fed will communicate its new projections in terms of inflation, growth and employment”, explains Alexandre Baradez d’Ig Markets.
“The bad ‘forecasting’ cocktail ‘for the American markets this evening, would be that the Fed lowers its growth forecasts for this year, while keeping unchanged its inflation forecasts,” he adds.
In the meantime, investors have taken note of the publication of inflation in the euro zone, emerged at 2.6% over a year and February, excluding unprocessed food, alcohol, tobacco and energy, against 2.7% in January. Economists interviewed by Reuters touched up on a rate of 2.7%.
Schneider Electric worn by RBC
On the values ​​side, the CAC 40 was carried by Schneider Electric, its second largest weighting in its calculation. The action resumed 2.9% supported by Royal Bank of Canada who noted his council on the title in “outperformance”.
Excluding CAC 40, Option has contained its withdrawal at 2.4% while UBS lowered its opinion to “sell” on the title.
Assystem rendered 5% after delivering prospects for 2025 deemed cautious by the market.
On the other markets, the euro fell 0.35 against the dollar at 1.0882 dollars. Sweep up in the middle of the day, oil resumes after the announcement of a larger increase than expected of black golden stocks in the United States last week. The May contract on the Brent de Mer du Nord gains 0.9% at $ 71.22 per barrel while the April on the WTI on the WTI on the New York jumped 1% to 67.41 Dollars per barrel.
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