(BFM Stock Exchange) – The Parisian star index increases at the end of this Tuesday, June 3, supported by a larger increase than expected of postal openings in the United States in April.
The Paris Stock Exchange is adorned with green at the closing for the first time in June, ending five consecutive decrease sessions.
The CAC 40 closing up 0.34% to 7,763.84 points, this Tuesday, June 3, after having evolved a good part of the session in negative territory.
The Parisian index was relaunched in the afternoon, thanks to the publication of an encouraging statistics relating to the job market in the United States. The number of postal openings increased at 7.39 million in April against 7.20 million in March, according to the JOLTS employment report.
These figures reassure the state of health of the labor market in the United States before the publication of the official employment report, as every first Friday of the month.
Still in terms of statistics, inflation in the euro zone emerged lower than expectations, amounting to 1.9% in May. By excluding the most volatile prices (tobacco, food, energy, alcohols) inflation is 2.3% against a consensus housed at 2.5%.
This indicator should strengthen the thesis of a new drop in rates of the European Central Bank (ECB), at its meeting on Thursday. “The ECB is expected to lower its rates again this Thursday, in a context of low growth and slowdown in inflation,” said Felix Feather, an economist at Aberdeen.
“It is likely that this decrease is not the last in the cycle, because monetary officials will no doubt have to support the economy once the complete effects of changes in American customs policy has been felt,” he adds.
Wavestone increasing
On the values ​​side, Elis sold 1.2%, penalized by the sale of a block of shares of 2.9% of the capital on the part of Bpifrance. However, the withdrawal is limited, because in parallel Jefferies began monitoring value with purchase advice.
Wavestone, on the other hand, jumped 8.6% after delivering reassuring perspectives for its exercise 2025-2026.
In other markets, the euro gives way 0.7% against the dollar to 1.1373 dollars. Oil bounces. The August contract on the Brent de Mer du Nord takes 1.7% at 65.70 a barrel while the one on the WTI listed in New York advances 1.7% to 63.61 dollars per barrel.
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