PARIS (Reuters) – The main European scholarships are on small variations on Tuesday, the context being generally caution with mixed economic indicators in Europe in China, a risk of “Shutdown” in the United States, while gold is on a new summit.

In Paris, the CAC 40 lost 0.47% to 7,843.45 points around 7:35 a.m. GMT. In London, the FTSE 100 abandons 0.09% and in Frankfurt, the Dax gives up 0.10%.

The Eurostoxx 50 index fell 0.27% and the FTSEUROFRST 300 of 0.17%. The STOXX 600 declines 0.19%, leaded in particular by the energy sector.

The term contracts at Wall Street prefigure a drop of 0.16% for the Dow Jones, of X0.14% for the Standard & Poor’s 500 and 0.15% for the NASDAQ the day after a green session.

The day’s session is marked by many economic indicators, including PMI in China which show a contrasting manufacturing activity according to figures from Cabinet Caixin and official data.

In Europe, German retail sales displayed a surprise drop in August, pending employment figures in the country at 7:55 a.m. GMT. In Great Britain, GDP growth was confirmed at 0.3% in the second quarter. In France, consumer prices (ICC) harmonized to European standards have accelerated at 1.1% over a year in September, according to INSEE, while production prices (PPI) in France fell in August 0.2%.

The market digests these data mixed before the publication in the afternoon of inflation in Germany and the JOLTS survey on job offers in the United States.

On the political level, the American vice-president, JD Vance, said that the government seemed to “go to a judgment” with regard to the few advances in the negotiations between democrats and Republicans on the funding of the government, at the risk of budgetary paralysis on Wednesday, the first day of the year 2026.

A “Shutdown” should put civil servants unemployed, provoke disruption in public services, weaken the dollar and create greater volatility on the markets.

Investors also monitor the peace plan unveiled on Monday by President Donald Trump that Israeli Prime Minister Benjamin Netanyahu accepted and whose Hamas’ response is still awaiting.

In the meantime, gold, a refuge value par excellence, reached a record level on Tuesday at nearly 3.880 dollars, ending around 16 years.

At the values, Valneva jumped 5.59% after having reported on Tuesday of a serotone rate of 95% four years after a vaccination with a single dose of its IXCHIQ vaccine against chikungunya.

The British online fashion distributor ASOS dives 9.04% after a warning on its annual turnover.

On the sectoral level in Europe, the energy compartment decreases by almost 1% with totalnergies and BP which abandon 1.90% and 0.80% respectively in the wake of the drop in the oil market against the background of fear of an excess offer.

The European Health sector also weighs with the Danish giant Novo Nordisk, notably reflected by 1.74%.

(Written by Claude Chendjou, edited by Augustin Turpin)

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