The Palais Brongniart, former headquarters of the Paris Stock Exchange. (credit: L. Grassin)
(CercleFinance.com) – The Paris Bourse should open without much change Thursday morning, in a climate of wait-and-see attitude before new results and important indicators, and a meeting of the ECB.
Around 8:15 am, the ‘future’ contract on the CAC 40 index – delivery November – grabs 4.5 points to 6753 points, announcing a start of the session around the equilibrium.
The European Central Bank (ECB) will hold its Governing Council in the morning, which will result in the publication of a press release at 1.45 p.m. followed by a press conference which will begin at 2.30 p.m.
According to analysts, the central authority should maintain an accommodating tone to preserve favorable financial conditions and thus delay expectations of the first rate hike.
‘Overall, this ECB meeting should be a non-event,’ said François Rimeu, strategist at La Française AM.
‘For the December council, on the other hand, we should have an update of its macroeconomic projections (with the first estimates for 2024),’ he said.
In any case, the manager warns that accommodating communication on the future direction of rates could push short-term interest rates down.
Another highlight of the day, investors will read the first estimate of US growth for the third quarter at 2:30 p.m.
Stakeholders will also have to monitor a new slew of quarterly results, including those of ABInbev, Caterpillar, Merck, Nokia or Shell.
While Wall Street showed promising mid-session arrangements, the second half of the session turned out to be very disappointing and the morning’s gains evaporated over the past two hours despite dramatic easing in rates.
The Dow Jones index ultimately fell more than 0.7%, the S&P 500 dropped 0.5% and the Nasdaq Composite ended unchanged thanks to the progress of Microsoft and Alphabet.
Download Noemie music – Dévotion Album Mp3 Zip
Download Kabutu Caroline – A Nice Weekend Album Mp3 Zip
Download Ghinwa – طربيات كلاسيكية Album Mp3 Zip
Download Adhru – Let Your Burdens Rest Album Mp3 Zip
Download Various Artists – The Pipers’ Gathering 2019 Album Mp3 Zip
Download Talisha Karrer – Jazz Covers Pop and Rock Album Mp3 Zip
Download PICTIONS – 2005 – EP Album Mp3 Zip
Download Above & Beyond – Group Therapy 393 Album Mp3 Zip
Download DJ M.a.X – Dirty Songs Album Mp3 Zip
Download Marek Speed – Mosaic I Album Mp3 Zip
Download Various Artists – Acoustic Covers of Old Songs Album Mp3 Zip
Download Fredi Casso – Pale Blue Dot Album Mp3 Zip
Download Kosuke Kamishin – ウタモノ 17 – ピアノと歌 J-Pop Cover Album Mp3 Zip
Download Various Artists – Heartbeat Soundscapes, Vol. 37 Album Mp3 Zip
Download Mike Tompkins – THEN & NOW – EP Album Mp3 Zip
Download Simon Loveridge – Video Game Metal, Vol. 2 Album Mp3 Zip
Download Duck Tales – Childhood Album Mp3 Zip
Download Unholy night – Succubus Album Mp3 Zip
Download 808Bros, Gedz & LOAA – Your Neck May Hurt Album Mp3 Zip
Download Big Brain, Small Skull – I Think I Like You But I’m Not Sure Album Mp3 Zip
Download Bob Palindrome – Hand Me That Piano Album Mp3 Zip
Download Brooks Prumo Orchestra – This Year’s Kisses Album Mp3 Zip
Download Diso – Kaos Album Mp3 Zip
Download Broken Vessels – The Worship Project Album Mp3 Zip
Download Olly Sarkar – Eyes Up – EP Album Mp3 Zip