(BFM Stock Exchange) – The Paris Stock Exchange ends the week sharply decreases, cold picked by inflation data above expectations and still nervous before the fateful date of April 2.

Another day without the Paris Stock Exchange. Bending under an undead of uncertainty, the CAC 40 decreases by 0.93% this Friday, March 28, to get closer to more than 7,900 points to 7,916.08 points.

The retrograde Parisian index at unexplored levels since the beginning of February, and loses almost 1.58% over the whole week.

It must be said that investors have few reasons for rejoicing. Market operators remain nervous upstream of the date of April 2 to which the United States intends to set up reciprocal customs duties on all of their imports. On Wednesday, Donald Trump had already announced customs surcharge on automotive imports from April 3.

Degraded statistics in the United States

“There is not a day when volatility does not suddenly leap because of a new declaration of the White House, sometimes reached a few hours or a few days later. Result, a wind of panic blows on the actions on both sides of the Atlantic”, judges Christopher Dembik, investment advisor at Pictet.

These fears about the trade war are starting to spread gradually at the level of American indicators. Especially on the side of the consumer morale index, compiled by the University of Michigan. This confidence index dropped to 57 points in March, after 64.7 points in February.

On the inflation side, prices in the United States increased by 2.5% over a year, in February, according to the PCE price index, the favorite gauge of the American Federal Reserve (Fed). Excluding food and energy, prices increased by 2.8% over a year, more than the 2.7% anticipated by the market.

This “higher inflation than expected, without being exceptional, is not likely to speed up the rate of drop in rates by the Fed”, judges Grégoire Kounowski, investment Advisor at Norman K.

Besides, consumer expenditure increased, by 0.1% in February, after a decline of 0.6% the previous month. But economists hoped for a higher figure (+0.5%).

European spirits at the party

On the values ​​side, Pernod Ricard took the head of the CAC 40 (+2.9%) while Rémy Cointreau won 3%, after the Minister of Foreign Affairs, Jean-Noël Barrot, spoke of a three-month postponement by China of additional customs duties on the Cognac sector.

Edenred and Pluxee lost 4% and 1.6% respectively, limiting their withdrawal after opening in bright red. In question: a press article evoking a potential caps of restaurant titles commissions. A measure which is however not retained to date by the executive within the framework of the reform envisaged by the Minister of Commerce, Véronique Louwagie, according to our information.

After winning up to 12%, Ubisoft finally turned down (-1.8%). According to a source cited by an analyst, this movement is explained by the adoption of selling positions by certain hedge funds on the title, explains Reuters. The title had taken advantage of the announcement Thursday evening of the creation of a new subsidiary in which Tencent will return to capital. This will result in a cash supply of just over 1 billion euros.

DBV Technologies has rebounded over 38% after having announced that it had benefited from significant funding which will help him continue the development of Viaskin Peanut his flagship product.

In other markets, the euro earns 0.2% against the dollar at 1.0822. Oil is clearly decreasing. The May contract on the Brent de Mer du Nord drops 0.9% to $ 72.95 a barrel while the same maturity on the WTI listed in New York also loses $ 69.28 per barrel.