(BFM Stock Exchange)-The Parisian index is clearly decreasing at mid-session of this Thursday, June 19, while the market remains focused on the evolution of the situation in the Middle East. Investors also digest the outcome of the Fed meeting which led to a new status quo.

New access to weakness on the Paris Stock Exchange. The CAC 40 abandons 0.86% to 7,590.05 points at mid-session of this Thursday, June 19.

The market continues to follow the situation in the Middle East. “While the attacks between Israel and Iran enter their sixth day, confusion reigns as to the potential involvement of the United States,” said Deutsche Bank.

“Yesterday (Wednesday), Donald Trump eluded the questions on the possibility that the United States strikes Iranian nuclear installations” then “the Wall Street Journal reported that Mr. Trump had approved the attack plans in private, but that he had waited to see if Tehran would abandon his nuclear program to give the final order, while Bloomberg reported that the American officials American on Iran in the coming days, “lists the German bank.

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The Fed in the background

“For the markets, the question is what magnitude will be the American engagement in the conflict between Israel and Iran,” summarizes Christopher Dembik of Pictet AM.

The outcome of the meeting of the American Federal Reserve (Fed) goes to the background. The American central bank has maintained its unchanged rates. During his press conference, its president, Jerome Powell has been cautious.

“While the equation to be resolved has become more complex (inflation forecasts revised upwards and unemployment forecasts revised upwards), Jerome Powell managed to maintain a wait -and -see posture,” observes Bastien Drut de CPR AM.

On the side of values, luxury is struggling. Kering lost 3.3% while Hermès and LVMH yield 1.9%.

Eutelsat wins 14%. The satellite operator won a contract with a maximum amount of 1 billion euros over 10 years from the Ministry of Defense. Oddo BHF also went from “underperformance” to “neutral” on the title.

In other markets, the euro is stable against the dollar at $ 1.1474. Oil rises but remains volatile. The August contract on the Brent de Mer of the North advances 0.8% to $ 77.33 per barrel while that of July on the WTI listed in New York takes 1.4% at 76.21 dollars per barrel.