(BFM Stock Exchange) – The Parisian index is progressing a few hours before the vote of confidence which should, unless there are twists and turns the chief of the French executive, and with him his government. Difficult day for Edenred and Pluxee which clearly retreats after the opening of an investigation by the Competition Authority in Türkiye.

The Paris Stock Exchange does not tremble a few hours from a crucial vote in France. The CAC 40 increased by 0.44%, to 7,708.79 points at mid-session of this Monday, September 8, after deciding 0.3% last Friday.

The attention of markets will obviously focus on political news in France. It is indeed this Monday that Prime Minister François Bayrou engaged the responsibility of his government in a vote of trust in the National Assembly, a vote which should, last minute theater, seal the future of the boss of the French executive.

Meet at 3 p.m.

Concretely, François Bayrou will pronounce Monday at 3 p.m. in the gallery of the National Assembly his declaration of general policy then the various parliamentary groups will then be expressed in turn via their group presidents for durations ranging from 10 to 15 minutes.

Several political parties opposed to the Prime Minister’s budget project have already announced that they would not trust him.

For the time being, there is no nervousness on the bond market. The yield of the 10-year maturity obligation changes to 3.436% and that of the obligation at 30 years to 4.364% in mid-day. In reality, François Bayrou’s resignation has already been anticipated by investors, as soon as the vote of trust on August 25 was announced.

In Japan, the political climate is not in good shape either. The Japanese Prime Minister announced his resignation on Sunday, after electoral setbacks this summer.

Pluxee and Edenred see red

On the front of values, Edenred (-4.3%) and Pluxee (-5.7%) fell to the Paris Stock Exchange after the opening of a Turkish Competition Authority which targets the two groups.

On the side of small and medium capitalizations, Riber jumped 9.6% after winning an order from an American company specializing in quantum computer science.

On the other markets, the euro clips 0.13% against the greenback at 1.1727 dollars. Oil is growing, supported by the prospect of new sanctions against Russian crude. The November contract on the Brent de Mer du Nord jumped 2.1% to 66.88 Dollars per barrel while that of October on the WTI listed in New York gained 2.1% at 63.18 Dollars per barrel. Gold has reached a new record, at more than 3,600 dollars an ounce.