The Paris stock market climbed nearly 0.4% this morning, to around 7575 points, benefiting in particular from the performances of EssilorLuxottica (+1.8%), Hermès (+1.4%) and Teleperformance (+1%).

It should be remembered that yesterday, the Paris index reached an all-time high of 7582 points, a feat that could be repeated - and pushed back - today, despite the imminence of central bank monetary policy decisions (Fed tonight, ECB tomorrow).

At the end of a two-day meeting of its Monetary Policy Committee (FOMC), the Fed is due to publish its statement at 8pm, before the traditional press conference by its Chairman, Jerome Powell.

For the third meeting in a row, the Washington-based institute is expected to leave rates unchanged, a stance justified by the continuing slowdown in inflation, confirmed yesterday by the latest consumer price figures.

The new projections will confirm that rate cuts are envisaged in 2024, but without giving any indication of the date of the first cut", forecast Oddo BHF's economists.

While waiting for the Fed's announcements, market participants will be able to look at new indicators to assess the reality of the Fed's monetary easing plans.

In this context of searching for possible clues, investors will be keeping a close eye on the publication of US industrial producer prices at 2:30 p.m.

In the eurozone, industrial production figures, due at 11:00 a.m., should confirm the loss of momentum in the European manufacturing sector and the increasingly real threat of a recession.

The yield on US 10-year government bonds fell back to 4.19% (-1.7pt) in the wake of yesterday's unsurprising inflation figures, while its German equivalent fell back to 2.20% (-2.7 pts).

On the foreign exchange market, the euro was stable at around $1.0791/euro.

On the oil front, crude prices continued their contraction, with Brent crude at $73 a barrel (-0.5%), as the US Energy Information Agency (EIA) raised its production forecasts.

This means that the market will remain well supplied, while demand is in free fall", emphasized Danske Bank's analysts this morning.

In French company news, Bouygues Construction announced that it had signed a contract to build the new Trousseau hospital in the heart of the Tours metropolis, a project designed to restructure the healthcare offering and improve patient care.

Lagardère announces that its Board of Directors has unanimously decided, on the recommendation of the Nominations, Remuneration and CSR Committee, to co-opt Yannick Bolloré as a director, replacing René Ricol.

Eutelsat Group announces an exclusive distribution agreement between its Eutelsat OneWeb branch and the Libyan telecoms operator RLTT, for the deployment of high-speed, low-latency connectivity services throughout Libya.

Renault Group reports that it has sold 211 million Nissan shares to Nissan, representing 5% of the Japanese group's capital, a transaction generating cash flow of 764 million euros for the French automaker.

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