(BFM Stock Exchange) – The Parisian index closes under 7,600 points this Thursday, June 19, still weighted by the conflict in the Middle East. Investors also had to digest numerous monetary policy decisions including that of the Fed which led to a new status quo.

The Paris Stock Exchange is struggling to get up. The CAC 40 lost 1.34% to 7,553,45 points at the end of the session on 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.

“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 Fed in the background

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.

Eutelsat’s rebound

On the side of the values, Totalenergies ends at the head of the CAC 40, carried by the rise in oil prices. The August contract on the Brent de Mer of the North advances 2.20% to $ 78.39 a barrel while that of July on the WTI listed in New York takes 2.23% at 75.14 Dollars per barrel.

On the other side of the spectrum, TP (ex-Teleperformance) lost 4.1%, the day after a drop of 13.6%, the new strategy presented by the group as part of an investor day organized in New York hardly reassured the scholarship.

Eutelsat rebounded by 14.5%. 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 the other markets, the euro is slightly dropped 0.1% against the dollar to $ 1.1464.