(BFM Stock Exchange) – The Parisian star index won some land this Monday, July 7, while the news remains responsible on the thorny file of customs duties which is very dense. Société Générale finished at the top of the CAC 40, supported by a favorable note from Bank of America.

The Paris Stock Exchange has gleaned a few points, without departing from its prudence. Its main index, the CAC 40 sailed in sight throughout this session of Monday, July 7, grappling 0.35% to 7,723.47 points.

Investors have been focused on the heavy file of American customs duties. The Trump administration is supposed to send its letters of complaints to its business partners on Monday. If agreements are not established by Wednesday, on July 9, therefore, customs surcharge would come into force not in the coming days but on August 1, the Secretary of Commerce announced on Sunday, Howard Lunick.

A “good exchange”

“The next wave of American customs duties could play a crucial role in the modification of the dynamics of global trade. As August 1 approaching the deadline of August 1, Washington is preparing to bring customs duties to April 2 for countries that fail to conclude bilateral agreements. This policy suggests the risk of a return to a unilateral application of customs rights and Erik Boekel of DHF Capital.

“Investors will closely follow the evolution of the situation, as these measures could feed inflationary pressures and delay decreases in the federal reserve rate. In the short term, this context could promote a revival of force of refuge values ​​such as gold, while fueling volatility and risks of lower stock markets,” he adds.

The president of the European Commission, Ursula von der Leyen, called Donald Trump on Sunday. The two leaders had a “good exchange,” said a spokesperson for the head of the European executive.

Drunk Capgemini

On the values ​​side, Capgemini dropped 5.6% after announcing the acquisition of WNS for $ 3.3 billion out of debt. An interesting operation on paper but which raises questions, believes Oddo BHF.

Strong increase in CAC 40, Société Générale has won 2.8%. In a note, Bank of America writes that the bank could announce share buybacks and raise its objectives for 2025 and 2026 when it is published on its half -yearly results on July 31.

SMCP resumed 6.1% while a court decision fought speculation on the ready-to-wear group.

In other markets, oil is advancing, despite the increase in production quotas decided by the organization of oil exporting countries and its allies (OPEC+). The September contract on northern Brent of sea takes 1.14% at 69.08 Dollars per barrel while that of August increased by 1.5% to 67.47 dollars per barrel. The euro fell 0.4% against the dollar at $ 1.1729.