(BFM Stock Exchange) – The Parisian star index is looking for a direction at mid -session of this first day of September. Wall Street will be closed for Labor Day.

After sketching a small rebound at the start of the session, the Paris Stock Exchange no longer knows on what foot dancing at the mid-session of this Monday, September 1. The CAC 40 evolves around its balance point of 7,703 points, shortly before 1 p.m.

The Parisian star index had lost 3.34% last week, weighed down by the political uncertainty caused by the announcement of François Bayrou concerning a vote of trust on September 8.

One week before this crucial vote, the market is obviously awaiting the evolution of the interest rate of the French debt. The yield of the French obligation at 10 years reached 3.52% against 3.512% Friday evening.

Note that volumes are likely to be penalized by the absence, this Monday, of American investors, due to a public holiday.

US Jargery online jobs

This week, several major meetings will lead the markets, with the ISM indices, a measure of the activity of the private sector, in the United States, or the results of Broadcom. The main event will however remain the publication of the American employment report for the month of August, Friday. Consensus anticipates the creation of 75,000 jobs last month.

Investors also learned in the morning of encouraging indicators in Europe. The activity in the manufacturing sector of the euro zone increased in August, crossing for the first time since June 2022 the threshold of the 50 points, separating growth and contraction of the activity. The HCOB PMI index of purchasing directors compiled by S&P Global increased to 50.7 points last month after 49.8 points in July.

The unemployment rate in the euro zone fell into July, at 6.2% of the active population, against 6.3% in June, according to Eurostat data.

On the values ​​side, Renault evolves at the top of the CAC 40, progressing by 1.6%, while Stellantis gained 1% while registration of new cars in France increased by 2.18% in August, according to figures from the automotive platform.

The car manufacturer with a diamond is followed by Pernod Ricard (+1.5%) which benefits from a note of ODDO BHF noting its price objective at 100 euros, while remaining neutral on the title.

In other markets, the euro earns 0.3% against the dollar at 1.1723 dollars. Oil rises. The October contract on the Brent de Mer of the North earns 0.9% at 68.11 dollars per barrel while that of September on the WTI listed in New York advances from $ 64.68 to a barrel.