The Paris stock market lost nearly 0.5% this morning, around 7380 points, penalized by URW (-1.9%) and TotalEnergies (-1.7%).

The week ahead will be punctuated by the highly scrutinized publication of inflation in the United States, scheduled for Thursday, and by the kick-off of the US corporate earnings season, which will be given the following day with the publications of major banking groups JPMorgan Chase, Bank of America and Wells Fargo.

The Paris market had a difficult first week of the New Year, shedding around 1.6% in four days and breaking the technically important 7,500-point barrier.

Wall Street also retreated in this first week of the year, with the Nasdaq losing over 3%, ending a sequence of nine consecutive weeks of gains.

According to Craig Fehr, analyst at Edward Jones, "After the sharp rise in the stock markets in recent months, it's hardly surprising that the markets are taking a breather.

In particular, investors have had to digest a series of economic indicators, led by employment, which have tempered the prospect of a rapid reduction in interest rates.

Historically speaking, stock market performance in January is generally a good indicator of what lies ahead for the rest of the year.

On the bond front, the yield on 10-year US Treasury bonds remained above the critical 4% mark, while its German equivalent confirmed its strength at around 2.17%.

On the energy market, oil prices consolidated after last week's sharp rise, due to a new episode of geopolitical tension in the Red Sea.

Brent crude fell back by 1.2% to $77.8 a barrel, while the euro held steady against the greenback at around $1.093/EUR.

In the news for French companies, TF1 and Free, a subsidiary of Iliad, announce the signature of a new global distribution agreement effective from January 2024, which will enable Freebox subscribers (starting with those with the Freebox Pop) to benefit from the new free TF1+ service.

On January 5, Casino announced that the European Commission had authorized its takeover by a consortium comprising EP Equity Investment III sàrl (controlled by Daniel K?etínský), Fimalac and Attestor.

Finally, TotalEnergies announces that the Libra consortium has made the final investment decision to develop an innovative natural gas and CO2 separation and reinjection unit for the Brazilian Mero field, in which it holds a 19.3% stake.

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