Paris: stays in balance before the quarterly


The Paris Bourse remains stubbornly in balance since the first minutes of trading (delayed by a Euronext breakdown this morning): it’s the full flat line, the CAC4 …

The Paris Bourse remains stubbornly in balance since the first minutes of trading (delayed by a Euronext failure this morning): it is the full flat line, the CAC40 remains frozen at 5.308 points. After the joint strikes conducted by the United States, the United Kingdom and France this weekend (on targets not of major strategic interest), investors are wondering about the evolution of relations between Western countries and Russia (the White House has just decreed a new list of sanctions against Russia and oligarchs, justified by a complicity of use – by Damascus of an arsenal of chemical weapons. No notable indicator this Monday in Europe, but the market has just taken note of the index of retail sales in March in the United States, which rose 0.6% last month (after -0.1 % in February), then the ‘Empire State’ of the New York Fed for April drops from -6.8Pts to 15.80 in April (consensus 18.80) after 22.50 in March Will also be published this week, still in the United States, the figure of industrial production for March (tomorrow), the leading indicator of the Conference Board also for March and the index ‘Philly Fed’ for the current month (Thursday) . The ZEW index of the economic sentiment of German investors (April) and inflation (March) in the eurozone will be unveiled respectively tomorrow and the day after tomorrow. ‘Citi’s economic surprise index for the euro zone is the lowest among the G10, which is already widely feared that the peak of growth acceleration in the Union has already been achieved’, enlighten the teams of Saxo Bank. In the immediate future, the euro grabs 0.3% against the dollar at 1.2385, while the barrel of Brent hits 1% to $ 71.9 (this morning, it fell -2% to $ 71, proof that the strikes on Syria are considered as a ‘vicissitude’). Finally, on the microeconomic front, the Chargeurs share is up 4% following the announcement of a turnover of 144.8 million euros for the first quarter of 2018, with gross growth of 1% and organic growth of 4% (+ 5.7% excluding luxury materials), driven by strong business volumes and continuous optimization of the product mix. Especially, the season results will significantly increase this week with the publications in Paris of the first quarter Casino (Tuesday), AccorHotels, Danone (Wednesday), Edenred, FnacDarty, Pernod Ricard, Publicis, Schneider Electric (Thursday) or Faurecia (Friday). In the United States, Bank of America released its quarterly accounts today before the opening of the New York Stock Exchange. The Renault group is increasing its commitment from 3,600 to 5,000 permanent hires in France over the 2017-2019 period. He has already recruited 2600 CDI in France since January 2017. Alliance Rostec Auto BV announced this morning the appointment of Yves Caracatzanis as Chairman and Chief Executive Officer of Avtovaz. He will take office on June 1, 2018. Vivendi announces that its ticketing subsidiary See Tickets has acquired Paylogic, a ticketing and associated technology company. This Amsterdam-based company was owned so far by LiveStyle. Air Liquide has completed the acquisition of start-up EOVE, a French company that designs and manufactures fans for the home care of patients suffering from chronic respiratory insufficiency. Copyright (c) 2018 All rights reserved.


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