(BFM Stock Exchange) – The Parisian index loses 0.2% to 7,790.81 points while commercial negotiations between China and the United States gave birth to a more or less at least agreement. Pending American inflation.
Investors who hoped that American-Chinese negotiations boost the market are for their expense. This Wednesday, June 11, CAC 40 fell 0.17% to 7,790.81 points, after the announcement of the agreement between the two parties.
The negotiators of the two countries said they had reached an agreement on a “general framework” to flatten their business disputes. But, reports AFP, they left their respective presidents to validate them.
In a message on Truth Social, Donald Trump, told him that the agreement with China was “concluded” subject to approval from his part and that of Xi Jinping, the Chinese president. He assured that China would provide more materials from rare land in the United States. He also mentioned 55% customs surcharge against Chinese imports.
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Fnac Darty succeeds in his big oral
“Investors can be wary of the scheme that appeared in previous commercial negotiations between the United States and China in 2018-2019, when apparently constructive meetings were followed from step back when the negotiation teams are returned to their respective capitals,” warns Deutsche Bank.
“So there is perhaps a little disappointment this morning at the idea that we have not yet had a more important announcement,” said the German bank.
On the values ​​side, Publicis takes 1.8% after winning the March Budget WPP, as the food group announced in a press release, a contract of $ 1.7 billion, said Bloomberg.
Fnac Darty wins 6.8% after delivering his new strategic roadmap and medium -term objectives.
In the other markets, the euro is stable against the dollar at $ 1.1,430. Oil is advancing. The August contract on the Brent de Mer du Nord advances 1.1% to 67.63 Dollars per barrel while that of July on WTI advances from 1.4% to 65.87 dollars per barrel.
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