The Paris Bourse should start the new year on the right foot, with futures on the CAC40 up by around 0.4%, following a banner year in 2023 which saw the index gain around 16.5% to finish at 7543 points.

The year 2024 could therefore begin with a degree of optimism, still fuelled by hopes of rate cuts by the major central banks in the face of steadily falling inflation and sluggish economic growth.

"The weak economy should help bring inflation down to around 2% by the end of 2024 in the eurozone and Switzerland, a figure that falls within the central banks' 'comfort zone'", SwissLife AM predicted last week.

This first week of 2024 promises to be rich in statistics, with PMI indices (starting with those for the manufacturing sector this morning), inflation figures for the eurozone and unemployment figures for the United States.

In other stock news, Danone announces the signature of an agreement to sell its US organic dairy products business to US investment firm Platinum Equity, as part of its asset rotation.

TotalEnergies reports the start of production from the second phase of development of the Mero field, located on the Libra block, more than 180 kilometers offshore Rio de Janeiro, Brazil, in the pre-salt Santos basin.

Valneva reports that the €90-110 million in revenue from the potential sale of the priority review warrant for its CHIKV vaccine, previously expected by the end of 2023, is now expected in early 2024.

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