(BFM Stock Exchange) – The Parisian star index fell in withdrawal of almost 1.6% and below 7,800 points this Monday, March 31. Throughout the month of March, the CAC 40 dropped 3.85%.
Investors did not want to take risks for this last session in March. The Paris Stock Exchange closes in sharp decline, tense upstream of the date of April 2 to which the United States must reveal “reciprocal” customs duties on all of their imports.
Its star index, the CAC 40 dropped 1.58% to 7,790.71 points at the lowest since the end of January, after this session on Monday, March 31. Throughout the month of March, the CAC 40 sold 3.85%, but earned still 5.55% since the start of the year.
“A march towards independence” of Europe
The atmosphere on the markets was clearly heavy upstream of April 2, the deadline that American president Donald Trump will announce his “reciprocal” customs rights program. “We would start with all countries, we will see,” he said this weekend to journalists on the Air Force One presidential plane.
Last Wednesday, Donald Trump had already announced customs surcharge on automotive imports from April 3.
Polish Prime Minister Donald Tusk called on the American president on Monday to “reflect” before imposing customs duties. “Cooperation is always preferable to confrontation,” he said on X.
This trade war initiated by Donald Trump “is the beginning of a march towards independence” of Europe, said this Monday on France Inter the president of the European Central Bank (ECB) Christine Lagarde.
In this context of uncertainty about the trade policy of the United States, Christine Lagarde also added that “inflation is an everyday fight”. “To say that it’s over is behind us, no, because unfortunately, we are subject to lots of uncertainty,” said Christine Lagarde who refers to Donald Trump’s decisions on American customs duties. It is in this particular context that operators will also gain knowledge this Monday inflation figures in Germany for the month of March.
Maurel & Prom in the hard
On the values ​​side, Orange has honored its status of defensive value and won 1.2%, followed by totalnergies (+0.8%) which took advantage of the bounce of black gold prices. The May contract on the Brent de Mer du Nord, of which is the last day of rating, leaps from 2.7 %% to $ 74.69 a barrel while that of May on the WTI listed in New York gains 3.1% at 71.48 Dollars per barrel
Maurel & Prom dropped 14.6% in reaction to the United States revocation of its specific license to exercise its oil activities in Venezuela.
In other markets, the euro gives way 0.23% against the dollar to 1.0799 dollars.
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