A new record broken!
The CAC 40 reached 7,000 points this Friday around 9:12 am.
The day before, the Paris Bourse was already euphoric ending on a new high at the close, at 6,987 points and dethroning an old record… of 21 years.
The abundance of liquidity brought to the financial markets by central banks and their support measures in the face of the crisis allowed the Parisian rating, like other stock markets, to reach new heights.
Many US indices have also set records in recent months.
Will we see more?
At a time when this support is about to decline, investors prefer caution ...
Read also Paris stock exchange: why has it returned to its 2007 level?
The US central bank, the Fed, on Wednesday announced a reduction in monetary support, ending months of speculation over its monthly $ 120 billion asset purchase program.
The progress of the Asian and European markets is not a surprise for Ipek Ozkardeskaya, analyst at Swissquote, who explains that finally “the announcement of the reduction in asset purchases was rather accommodating”.
