(News Bulletin 247) – The Parisian star index earns almost 0.9% at the end of Wednesday, September 3. The American markets are well oriented with alphabet which benefits from a favorable judicial decision. Investors, however, have an eye on the evolution of long -term states borrowing rates.
The Paris Stock Exchange records its first significant increase of the week. Thanks to an increase of 0.86%, the CAC 40 validates its return above 7,700 points, to finish its race at 7,719.71 points at the end of this session on Wednesday September 3.
On the side of Wall Street, the trend is also positive, supported by Alphabet which leaps by more than 8% this Wednesday, the day after a legal decision allowing the company to keep its Chrome browser. This also benefits Apple, whose action gained another 2.7% at the end of European markets.
Long rates under close surveillance
The markets keep an eye on the evolution of sovereign borrowing rates. The yield of the British loan at 30 years has reached a higher since 1998 at 5.752%, while its French counterpart has been in unprecedented levels since June 2009, due to fears about the budgets of these two countries.
“Before Monday’s confidence vote, this Thursday’s long -term debt issue is to follow this Thursday on Thursday from the France Trésor agency. The volume announced by the agency is between 9.5 and 11 billion euros on 2035, 2042 and 2056 deadlines. A means of measuring the appetite of investors for the French debt in this sensitive political and budgetary context,” recalls Alexandre Baradez, responsible for market analysis at IG France.
In Japan, the yields of 30 -year -old deadlines also reached a new record this Wednesday, in the wake of political uncertainty in the archipelago.
Investors also learned in the morning of encouraging data relating to the activity of the private sector in Europe. Compiled by S&P Global, the composite index of the final purchase directors (PMI) of the euro zone, increased at 51.0 in August, against 50.9 in July.
They also took note of the last JOLTS report in the American Labor Department on job offers. This report showed a stronger decrease than expected from job offers in July, at 7.181 million against 7.357 million in June. Orders to industry in the United States fell in July, 1.3%, according to the Commerce Department. Later in the day, the federal reserve will publish its beige book, the “Beige Book”.
Dericheburg weighed down by customs duties
On the values ​​side, Valneva jumped more than 10%, after announcing positive data for his candidate vaccine against Lyme disease, the VLA 15.
In reverse of the trend, Derichebourg fell by 10.4% after lowering its profitability target for its offbeat exercise 2024-2025 closed at the end of September.
In other markets, the euro earns 0.4% against the greenback at 1.1676 dollars. Oil decreases strongly. The November contract on the Brent de Mer of the North fell from 1.85% to 67.86 Dollars per barrel while that of October on the WTI listed in New York restores 2.1% to 64.24 Dollars per barrel.
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