(BFM Stock Exchange) – The flagship index of the Paris Stock Exchange evolves in clear increase this Friday, May 9 at the beginning of the afternoon while Donald Trump announced his desire to reduce the customs duties imposed on China to 80%, without precision.
The CAC 40 continues on its good momentum this Friday, May 9. The Parisian index wins 0.6% at the start of the afternoon to 7,743.19 points. Over the whole week, it cedes 0.35%for the time.
Optimism on the subject of customs duties continues to prevail. American president Donald Trump said on the social network Truth Social, that he thought that abounding customs duties hitting imports from China to 80% was “fair”. But it is up to “Scott B” to see, he added, in reference to Scott Bessent, the secretary of the Treasury. The latter will meet members of the Chinese executive in Switzerland to discuss the subject of customs duties.
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A British chick agreement in detail
This announcement is added to that, more concrete, of the agreement between the United States and the United Kingdom, described as “capital” by Donald Trump. This agreement announced Thursday brings customs duties to 10% for many imports from the United Kingdom.
“The agreement places the United Kingdom in a more unfavorable position than before the ‘Liberation Day’, even if the Prime Minister, Keir Starmer described it as a historic victory ‘between the two countries,” said Deutsch Bank. “The details are few, with a few sectoral alleviating, but the basic price of 10% remains in place,” sums up UBS.
On the side of the values, the movements remain contained. It will be noted, however, that the renewed appetite for the risk a little penalizes defense values, which have become defensive values, Thales and Dassault Aviation losing more than 2%.
Société Générale limits the breakage, with a stable action while UBS went from “buying” to “neutral” on the value.
The euro takes 0.2% against the dollar at $ 1.1255. Oil rises. The July Brent of the North Brent contract advances from 1.9% to $ 64.01 per barrel while that of June on the WTI listed in New York takes 2% at 61 a barrel.
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