PARIS (Reuters) – European scholarships ended up on Thursday, carried by the hopes of a commercial agreement with the United States and business results.

In Paris, the CAC 40 ended up 1.29% to 7,821.72 points. The British Footsie and the German Dax took 0.63% and 1.49%.

The Eurostoxx 50 index won 1.49% the FTSEUROFirst 300 0.96% and the Stoxx 600 0.97%.

Investors are optimizing commercial negotiations between the European Union (EU) and the United States.

Donald Trump said on Wednesday that the United States was close to concluding a trade agreement with India and that an agreement could be reached with the EU.

The twenty-seven flesh out their weapons: in addition to the 72 billion euros in goods targeted by the European Commission in the event of the lack of agreement with Washington, the EU was working on a list of customs duties relating to the American services, the Financial Times reported on Thursday.

Across the Atlantic, unemployed registrations and retail sales have positively surprised and suggest that the dreaded economic consequences of Trump administration policies are not yet materialized.

“The increase in retail sales and the weakness of unemployment benefits suggest that the FED will maintain its rates for the moment, while the authorities assess the impact of customs duties on inflation,” said ING analysts in a note published on Thursday.

The session was also marked by reactions on the stock market with several quarterly results.

If the leaders of the main major American banks have been concerned about economic activity with trade tensions in particular, the groups have all beat forecasts in recent days.

VALUES

The actions of several European companies reacted to the second quarter results published before the session.

In France, Legrand took 8.7% and Virbac increased by 3.97% after reporting good quarterly accounts and their prospects for the year.

In Great Britain, Easyjet, on the contrary, abandoned 4.9% after its results.

In Switzerland, ABB gained 9.1% after quarterly results better than expected, and led to its wake Siemens and Schneider Electric which took 3.89% and 7.84%.

A Wall Street

At the time of the closing in Europe, exchanges at the New York Stock Exchange indicated an increase of 0.21% for the Dow Jones, against 0.32% for the Standard & Poor’s 500, and 0.65% for the Nasdaq Composite.

The indicators of the day

Salaries in the United Kingdom have progressed slightly more than expected in the three months to the end of May, showed data published Thursday by the British Statistics Office.

Inflation in the euro zone fell over a year in June, in accordance with the first estimate, according to final data published Thursday by Eurostat.

In the United States, the “Philly Fed” index improved more than expected at 15.9 in July while unemployment registrations during the week ended on July 12 decreased to 221,000.

Retail sales increased more than expected to +0.6% in June.

Changes

The dollar is on the rise Thursday after the denial of Donald Trump concerning potential dismissal before the end of his mandate by the president of the Fed Jerome Powell.

The dollar earns 0.32% against a basket of reference currencies, the euro loses 0.41% at 1.1585 dollars, and the pound sterling