(BFM Stock Exchange) – The flagship index of the Paris Stock Exchange finishes withdraw this Wednesday, May 21, in a context that is not very favorable to risky initiatives. With negotiations on the budgetary component that bloom in the United States, the CAC 40 has sold a little ground.

The Paris Stock Exchange marks a break after progressing well the day before.

At the end this Wednesday, May 21, the CAC limits its decrease to 0.4%, which allows it to preserve the threshold of the 7,900 points, and to finish its race at 7,910.49 points.

Caution guided operators this Wednesday, who were on the lookout for the slightest development on the budget bill in the United States. On Tuesday, Donald Trump went to the congress, urging Republican elected officials to support his “big and beautiful law”, while important dissensions within the presidential party slow down the examination of this tax project.

“Some request budget cuts and others wish to raise local tax deduction ceilings from 10,000 to 40,000 dollars. The vote is therefore uncertain. The speaker (president of the House of Representatives of the United States, editor’s note), Mike Johnson hopes for a vote of this bill tomorrow. It would be very good news for the financial markets”, explains John Plassard, Mirabaud.

Worries about American debt

However, this vast tax reform could lead to an increase in American debt, which is already unbearable of $ 37,000 billion. “President Trump’s tax bill has intensified concerns about long-term budgetary viability, in particular after Moody’s’s decision to lower the sovereign credit note on the United States on Friday,” said Konstantinos Chrysikos at Kudotrade.

This is likely to worry investors, and these fears have repercussions on the bond market. The yield of the US Treasury Bon at 10 years is 4.539%and that of the deadline at 30 years changes above the symbolic threshold of 5%, at 5.015%.

Oil reversal on oil

The oil prices, which were supported by fears about potential Israel strikes on Iranian nuclear installations, operated on a trend reversal this Wednesday afternoon, weighted by the announcement of a surprise increase in weekly stocks of American oil.

The July Brent of the Northern Sea contract, a great international reference, now gives up 0.55% to 65.02 Dollars per barrel while that of June on the WTI listed in New York gives 0.52% to 61.71 dollars per barrel.

A formal defense sector

As for values ​​in Paris, the defense sector was well oriented with the last favorable to this compartment. Donald Trump unveiled his project as an anti-missile shield “Dome of gold” to protect the United States, while the Italian Defense Minister, Guido Crosetto, said Wednesday expect NATO to set the new objective of defense expenditure for member countries between 3.5% and 5% of their gross domestic product, according to Reuters. Exoseens increased by 4.10% and Lumibird jumped 12.6%

On the exchange market, the euro resumes 0.5% to $ 1.1342, faced with a greenback weakened by the vagueness around the American budget. Bitcoin broke its historic record for 108,786 dollars on Wednesday, reached on January 20, 2010, Donald Trump, Bitcoin/New-Record-le-Bitcoin-Les-Franchit-les-109-000-dollars_an-202505210596.html596.html.html596.”>By exceeding 109,000 dollars, precisely 109,499.80 dollars, shortly after 5 p.m. (French time).