(BFM Stock Exchange) – The Parisian star index finally ends up, after the announcement of a surprise prices for production prices in the United States last month. The CAC 40 grabbed 0.2% at the end this Thursday, May 15.

The Paris Stock Exchange did well to take a slight breathing the day before. Its star index CAC 40 gained 0.21% to 7,853.47 points, after the publication of a series of American statistics.

The market was particularly sensitive to the latest information on production price orientation in the United States. In April, the production price index (PPI) fell against all expectations of 0.5%, after stabilization in March. However, the consensus tapped on an increase of 0.3% of these prices last month. In annual rate, this price index increased by 2.4%, which marks a slowdown compared to the increase of 2.7% over one year observed in March.

Retail sales increased by 0.1% in April, when weekly unemployed registrations came out in accordance with expectations.

In addition, the president of the American Federal Reserve (Fed) Jerome Powell said that sudden shocks on the supply of goods or raw materials constituted a difficult challenge for the economy and the Fed.

“We may enter a period of more frequent and potentially more persistent tender shock – a challenge that is difficult to take up for the economy and central banks,” said Fed boss.

Game Over for Ubisoft

On the values ​​side, Engie resumed 3.6% after publishing results qualified as “good” by Oddo BHF.

Thales won 2.8% while the German Minister for Foreign Affairs Johann Wadephul said he was ready to follow the United States and thus plead for NATO members to devote 5% of their GDP to the Defense. Exosers jumped 8.10%.

Luxury has still accused the blow. Kering dropped 5%, LVMH 3.4%and Hermès contained its 0.35%withdrawal. In a sectoral note published this Thursday, Bank of America expects the activity of the sector in the second quarter to be worse than at the first. The publication of Salvatore Ferragamo (-3.1% in Milan) was also able to throw a cold on the entire compartment.

Spirits have also suffered, Rémy Cointreau contracted 3.8% when Pernod Ricard made 1.7% after the French Minister of the Economy, said he had not found common ground for cognac exports to China.

Excluding SBF 120, Ubisoft abandoned 18.2% after delivering disappointing prospects for its 2024-2025 fiscal year. The quarterly sales of Maisons du Monde (-9.6%) were also sanctioned.

On currencies, the euro takes 0.1% against the dollar at 1.1190 dollars. Note that oil is falling. The July Brent of the Northern Sea contract loses $ 2.4.53 per barrel while June on the WTI on the WTI on the New York also drops 2.4% at 61.65 Dollars a barrel.

“The main engine” of the withdrawal “is the possibility of an excess offer on the market”, explains Ricardo Evangelista of Activtrades. “This feeling was reinforced by President Trump’s comments earlier in Thursday, suggesting that an agreement with Iran concerning the country’s nuclear program was close. If confirmed, such an agreement could lift sanctions on Tehran oil exports, thus opening the way to its return to the world markets,” he said.