(BFM Stock Exchange) – The Parisian index ends in slight decline this Wednesday, June 18, still attentive to the last geopolitical developments in the Middle East. The market also awaits the decision of monetary policy of the American federal reserve.
The Paris Stock Exchange really did not know on what foot dancing as the uncertainties are lively geopolitically. The CAC 40 fence slightly down 0.36% to 7,657.14 points this Wednesday, June 18.
The Parisian market continues to monitor the evolution of the situation in the Middle East, while the conflict between the two countries entered its sixth day. Donald Trump called Iran on Tuesday evening to “an unconditional capitulation”, after having announced that the United States controlled “now completely and completely Iranian airspace”.
“The direct involvement of the United States would surely exacerbate tensions in the region, at least in the short term. This naturally came to affect risk taking on the market,” comments Sebastian Paris Horvitz of LBPAM.
The markets are also wait -and -see before the monetary policy decision of the American federal reserve, which will be returned this Wednesday evening at 20 hours. Investors unanimously anticipate a status quo on rates.
Apart from the press conference of President Powell, investors will above all follow closely the “Dot studs” (the middle projection of the Central Bank members for the Fed’s quarterly rates) to find indications and know when and how the Central Bank will resume its cycle of drop in rates, recalls Harvey Bradley at Insight Investment.
“During the last two updates in December and March, the median projection was two rate reductions by the end of the year, close to market expectations,” said the specialist.
Note that American investors will not react until Friday on Friday to the monetary decision of the federal reserve since Wall Street will be closed on Thursday for “Juneteenth”, a public holiday in the United States commemorating the end of slavery.
Airbus takes off and TP falls
On the values ​​side, Airbus resumed 1.4% after having noted its dividend distribution rate and confirmed its 2025 objectives.
On the other side of the spectrum, TP (the ex-Teleperformance) dropped by 13.6%, after the presentation of its medium-term objectives for the period 2026-2028.
Outside the star index, Pierre & Vacances jumped 11.8% after announcing leading “a review of its strategic options”, which could lead to a shareholder change.
On foreign exchange, the euro takes 0.4% against the dollar at $ 1.1527. Oil prices drop after a more marked decline than expected of weekly oil stocks in the United States. The August contract on the Brent de Mer du Nord fell 1.2% to $ 75.5 a barrel while the July on the WTI on the WTI on the New York also restores 1.2% to 72.36 Dollars per barrel.
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