(BFM Stock Exchange) – The Parisian index fell back to mid -session on Monday, July 21, at the edge of a week in charge of business results and marked by the meeting of the European Central Bank on Thursday.

The Paris Stock Exchange opts for caution to start the week. The CAC 40 fell 0.45% to mid-session of this Monday, July 21, at 7,787.67 points.

The market is preparing for a rain of publications. This week, a dozen companies in the Paris Stock Exchange will be on deck to announce their performances in the second quarter, or the first half.

“The results season continues with SAP, Texas Instruments, Coca Cola (Tuesday), Alphabet, Hilton, Tesla, IBM (Wednesday), Blackstone, Deutsche Bank”, also recalls Christopher Dembik, investment strategy advisor at Pictet AM.

The European Central Central Bank

This week’s agenda will also be animated by the meeting of the European Central Bank (ECB) on Thursday, at the end of which it should maintain its unchanged rates after seven consecutive drops.

“Given the great uncertainty about the outcome of negotiations (on customs duties between the United States and the European Union), we do not modify, at this stage, our economic forecasts or our call for a break during the BCE’s July meeting, followed by two decreases of 25 basis of the key rate, in September and December”, explain the economists of Barclays.

“Although we did not exclude the possibility that the United States and the EU reach a provisional agreement by August 1 which would maintain average customs duties on most EU products to 10%, we believe that it is more likely that improbable that Customs duties on the EU increase from 10%, but without reaching 30%,” they add.

The Financial Times reported on Friday July 18 that the Trump administration was considering customs duties between 15 and 20% on goods from the European Union, even in the event of agreement.

Stellantis in the red

On the side of the values, Stellantis prepublished its accounts of the first half, and said to expect a net loss of 2.3 billion euros over the first six months of 2025. Red lantern of the CAC 40, the title is falling 2%.

On the SBF 120, Covivio jumped 5.1% after having noted its recurrent net income target on the fringes of its half -yearly results.

TF1, on the other hand, drops 7.2%, after a degradation of Kepler Cheuvreux which lowers his opinion of buying to keep and his lens of courses from 10 euros to 9.50 euros on the title of the audiovisual group.

In the other markets, the euro is stable against the dollar at 1.1647 dollars. Oil is falling down. The September contract on the Brent de Mer of the North cedes 0.35% to 69.04 dollars per barrel while that of August on the WTI listed in New York fell 0.20% to 65.92 Dollars per barrel.