It's the 7th consecutive session of gains: the CAC40's return to the highs (set on March 6), at 7,400, is complete!

The flagship index (+0.3%) is close to 7,370 and above 7.376.5 would be an all-time best close (if this level is reached at 5.35pm, the record set on January 5, 2022 will fall).
Once again, volume was the big absentee, with less than 1.6 billion euros traded after more than 8 hours of trading: it felt like August 15 or a Wall Street holiday.
US indices did reopen, but have been hesitant at best since 3:30 p.m.: the reds now prevail, with the Dow Jones at -0.4%, the S&P500 at -0.3%, and the Nasdaq down by -0.2%.
The Euro-Stoxx50 gained +0.7% to 4,342, setting a new annual record (above the February 16 and March 6 highs) and within 2% of the 4,415Pts of last year.415Pts on 6/1/2022.
Both the CAC and the E-Stoxx50 have returned to between +14 and +14.5% since January 1, with Milan reaching +15%: only the Nasdaq-100 has done better, with +20%, an increase based on less than 10% of its components (ultra-concentration of purchases on mega-caps).

The systemic stress of mid-March on the banks has been erased, the historic zenith of March 6, 2023 has been repeated, that of January 5, 2022 has been surpassed... and Wall Street hasn't even opened yet.

The Paris market doesn't yet seem eager to catch its breath after a series of six consecutive sessions of gains for its flagship index, which has thus recovered 4.7% since its 7,015-point close on March 24.

On Monday, the Paris Bourse, like London, took advantage of OPEC+'s surprise decision to cut its crude oil production by one million barrels a day, a decision that naturally boosted oil stocks.

In today's statistics, industrial producer prices fell by 0.5% in the eurozone and by 0.6% in the EU, according to Eurostat estimates, following sequential declines of 2.8% in the eurozone and 2.3% in the EU in January.

Compared with February 2022, industrial producer prices rose by 13.2% in the eurozone and by 14.5% in the EU, against annual variations of +15.1% and +16.4% respectively observed in January.
Yields, which had climbed from +8 to +9 basis points, have eased since 4:30 p.m., with OATs now only +1 basis point (to 2.76%), and Bunds +1.5 basis points (to 2.256%).
U.S. industrial orders contracted by a further 0.7%, following a 2.1% fall in January (originally revised to -1.6%), according to figures released by the Commerce Department.

Industrial shipments were down 0.5% month-on-month.
In the wake of these figures, T-Bonds eased 10pts in a few minutes and now stand -5pts at 3.385%: the Dollar remains perfectly stable at 1.0900E (but loses 0.5% against the Pound).

In stock news, Hermès (+2% at $1.900) becomes the 3rd CAC stock to break through the E200bn 'capi' barrier, behind the untouchable LVMH (E445bn) and L'Oréal (E224bn), which announces the signature of an agreement with Natura &Co for the acquisition of Aesop, an Australian luxury cosmetics brand, valuing the latter at $2.52bn in enterprise value.

Sanofi announces the publication of results from two Phase III studies on fitusiran in The Lancet and The Lancet Haematology, which 'demonstrate its potential to address the medical needs of all patients with hemophilia'.

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