The Euronext control room, a company that manages the Paris Stock Exchange (AFP / Eric Piermont)
The Paris Stock Exchange ended up on Monday, prudent when approaching the meeting between Volodymyr Zelensky and Donald Trump, pending advances on discussions to find a way out of the war in Ukraine.
The CAC 40 lost 0.50%, to 7,884.05 points, down 39.40 points. Friday, he won 0.67%.
The markets are waiting for the meeting between the two leaders in Washington, which should allow us to approach possible territorial concessions and security guarantees, to end the bloodiest conflict in Europe since the Second World War.
Several European leaders will be present to support the position of Volodymyr Zelensky.
A ceasefire “would have the advantage of lifting uncertainty and boosting confidence, especially in European markets,” said Charlotte de Montpellier, economist at ING, interviewed by AFP.
But for the moment “there is nothing tangible,” said Andreas Lipkow, an independent analyst.
Another major major major point of attention: the Jackson Hole (Wyoming) conference, which brings together many central bankers at the end of the week, with a long -awaited speech by the President of the American Federal Reserve (Fed), Jerome Powell.
Despite Donald Trump’s pressure, the latter for the moment refuses to lower rates in the United States, while waiting to better assess the effects on inflation of the customs duties imposed by the American president.
“Whether it shows prudence or an influence of its position, it will have an impact on the markets,” according to Charlotte de Montpellier.
On the bond, the rate of the French loan at ten years reached 3.46%, against 3.47% the day before at the end.
Defense in green
“For the defense values, the prospect of an agreement which + reward + attention to the use of this Mot- Aggression rather than dissuading it will only strengthen the determination of European capitals to rearm,” said John Plassard, head of the investment strategy at Cité Gestion Private Bank.
The French industrial industrial group Thales took 1.36% at 238.60 euros and Dassault Aviation 0.80% at 277.80 euros.
Valneva an avant
Valneva vaccine specialist has announced that the Federal Health Agency of Canada (Health Canada) had granted him a marketing authorization for his vaccine against Chikungunya IXCHIQ in people aged 12 and over, according to a statement published on Monday. The title was therefore gone by 6.05% to 5.07 euros.
Euronext CAC40
