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The Paris Stock Exchange should continue to rebound

2022-10-04T07:31:40.642Z


The Paris Stock Exchange is expected to rise on Tuesday morning. The futures contract for the star CAC 40 index was already advancing 1.25% before the session opened.


The Paris Stock Exchange is expected to rise sharply Tuesday at the opening, investors extending their gains of the last two sessions in the hope of a relaxation of central bank policies.

The futures contract for the star CAC 40 index advanced by 1.25% around forty minutes before the opening of the session.

On Monday, it ended up 0.55% at 5,794.15 points after a hectic session and started down more than 1%.

"

The European indices should open higher this morning in the wake of the closing of New York

", in strong progression, estimated John Plassard, investment specialist at Mirabaud.

The trend was fueled by cheap buybacks in the face of an oversold market

,” he continued.

Anticipations of central bank policies continue to rain and shine on the markets.

Touched once again by the aggressive tone of the American Central Bank during its meeting of September 20-21, investors are again more inclined to hope for an easing in its turn of the screw.

Read alsoThe Paris Stock Exchange makes up for its morning losses and benefits from the drop in rates

The indicators published on Monday on manufacturing activity have slowed down quite markedly, which gives hope for a drop in inflationary pressures.

The Reserve Bank of Australia also raised rates by only 0.25 percentage points on Tuesday, instead of the 0.50 points expected by analysts.

Investors await a first indicator on US employment, a theme that will gain momentum before the publication of the official monthly report on Friday.

Source: lefigaro

All business articles on 2022-10-04

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