The Paris Bourse fell 0.48% Tuesday morning, the day after a day marked by the lack of consensus between oil-producing countries on their future quotas, leading to a rise in the price of black gold.
At 9.45 am, the CAC 40 index dropped 31.77 points to 6,535.77 points.
On Monday, it finished up 0.22%.
The Parisian place could not rely on Wall Street to take a position, the American markets having remained closed Monday the day after the national holiday.
Read also: Oil: difficult agreement for OPEC
Oil prices soar after OPEC + disagreement
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The rise in oil will relaunch the debate on inflationary pressures but there is probably nothing to cause a slippage, neither on rates, nor on the markets in the immediate
future", relativized Tangi Le Liboux, a strategist of the broker Aurel BGC.
On the oil market, prices continued to rise after the postponement sine die of the OPEC + discussions the day before, suggesting a renewal in August of the production quotas of the exporting countries and their allies, and not the increase. of production a time considered.
To read also: Oil: the variants complicate the decisions of the "Opep +"
Fear of inflation for investors
A little calmed recently, inflationary fears haunt the minds of investors, while central banks have been reassuring about a possible turn of the monetary screw in the event of economic overheating, considered transitory.
Investors also took note of a 3.7% drop in orders placed with German industry in May, weighed down by a marked decline internationally.
This is their first decline of the year, even if these orders remain above their level before the crisis linked to the Covid-19 pandemic.