(BFM Stock Exchange) – The Parisian index closes on an increase of 3.8% this Thursday, April 10, returning to the land lost in the last sessions. The CAC 40 was towed by the suspension of reciprocal customs duties which had been announced by Donald Trump last week.

The Paris Stock Exchange offers a welcome rebound. The CAC 40 closing up 3.8% to 7,126.02 points this Thursday, after earning more than 7% shortly after the opening.

European clues reacted favorably to Donald Trump’s decision to make a 90 -day “break” on reciprocal customs duties announced on April 2.

The European Union has announced, for its part, the suspension for 90 days of its retaliation measures which had been voted in response to the new American customs duties.

“We want to give negotiations a chance,” said the president of the European Commission, Ursula von der Leyen, thus announcing the suspension of the measures adopted by the 27 member states on Wednesday afternoon.

Wall Street break

On the other hand, between the United States and China, the cloth is always burning. Shortly before the closing of the markets, the White House published a decree confirming total customs duties at 145% on Chinese products imported into the United States.

Wall Street for his part takes his breathing, the day after a completely crazy session. At the end of European markets, the major American indices consolidate with a Dow Jones which gives in 4%, the S&P 500 abandons 4.7%, while the Nasdaq drops 5.5%.

Customs news almost made you forget the important statistics of the day, namely American inflation for the month of March. Consumer prices fell more than expected last month, due to the withdrawal of oil prices. In March, they contracted 0.1% after an increase of 0.2% in February, according to the CPI index. This thwarts market expectations, which envisaged 0.1% increase in this index.

“This is notable because the last drop in aggregated prices dates back to July 2022, and before that, during the COVID period in March 2020,” said Florian Ielpo, head of macroeconomic research at Lombard Odier.

Over one year, consumer prices also slowed down more than expected, with inflation at 2.4% against 2.6% expected and after 2.8% in February.

Oil in free fall

On the side of the values, all the groups of the CAC 40 end in the green. The highest increases were signed by Publicis (+7.5%), very exposed to the American market, by Saint-Gobain (+7%) or Safran (+5.7%).

On foreign exchange, the euro takes 2.30% against the dollar at $ 1.1203. In other markets, oil prices are decreasing, a sign that investors remain concerned about the consequences of the China-States trade war on global growth. The June contract on the Brent de Mer of the North loses 3.6% at 63.15 Dollars per barrel while that of May on the WTI listed in New York abandons 4% to 59.83 Dollars per barrel.

Gold, considered as a refuge value further increased by 6% after reaching a new historic summit at more than 3.171 dollars on Thursday.