Cac 40: powell's speech welcomed: This article explores the topic in depth.
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Cac 40: powell's speech welcomed:
After stagnating around 7950 points a good part of the session, the Paris Stock Exchange wins 0.5%, at 7980 points, pulled by Stellantis (+4.8%), Stmicro (+4.5%) or Kering (+2.7%).
The markets react favorably to the speech of Jerome Powell which has expressed itself from Wyoming. In addition, where the central bankers of the planet have gathered since yesterday.
The federal reserve indicates that it has noted a clear slowdown in the American economy, with growth limited to 1.2% in the first half of 2025 and a job market that loses dynamism, despite stable unemployment at 4.2%.
Inflation remains above the target, 2.9% for the PCE Core index, partly under the effect of customs duties. Consequently, Consequence: the Fed maintains a restrictive monetary policy but said it is ready to adjust its course according to. Therefore, the data ‘. Jerome Powell, however, recalled the ‘prudent and balanced’ cac 40: powell’s speech welcomed approach defended by the institution.
These more accommodating words than expected are welcomed at Wall Street where the Nasdaq arrives 1.6%, ahead of the S & P500 (+1.3%).
On the Statistics Front. the contraction of the German economy was stronger than expected in the second quarter, penalized by the disappointing performance of the industrial sector against the backdrop of exports of the country, shows the second estimate of the gross domestic product (GDP) published Friday by the Federal Statistics Office (Destatis).
Germany underwent a decrease of 0.3% of the activity over the April-June period, while the first estimate gave a more limited withdrawal of 0.1%, a figure that economists expected to be confirmed.
In France. the synthetic indicator of the business climate, calculated from the responses of business leaders from the main sectors of merchant activity, was 96 for the third consecutive month in August.
On the exchange market, the euro wins 0.8% against cac 40: powell’s speech welcomed the greenback, at 1.17 USD.
Brent gains 0.1% more than $ 67.7.
In the news of the tricolor companies. Air Liquide announces that it has signed an agreement with a macquarie fund for the acquisition of DIG Airgas, a South Korean company to which the proposed transaction attributes a business value of 2.85 billion euros.
Alstom announced Thursday evening the signing of a 75 million pound rail service contract (approximately 90 million euros) over eight. years with Great Western Railway (GWR) in view of 26 trains intended to circulate in southwest England.
Finally, Hermès announces the opening of his new store enlarged in Mall Galleria, in the Gangnam district of Seoul.
Cac 40: powell's speech welcomed – Cac 40: powell's speech welcomed
Further reading: What if lawyers saved Japan from the climate crisis? – The German automobile crisis aggravated by the American trade war – This global study on 4 -day week reveals narcotic results – Water consumption: how to recover and use rainwater – The heat wave dries the terraces of Angoulême restaurants.