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The Paris Bourse moved into the green Monday (+ 0.45%) in the wake of Wall Street Friday, investors seem ready to reposition themselves in the market despite the trade war between Washington and Beijing. [19659002At09:15(0715GMT)theCAC40indextook2435pointsat540012pointsFridaytheindexendedupslightlyupby018%to537577points
The market seems to relativize for the moment the escalation of tensions between the United States and China, while the news US customs duties on $ 34 billion of Chinese goods came into effect on Friday, provoking the ire of Beijing, which promised retaliation.
"Current trade taxes are not new, the market had anticipated them for a month, and for now the environment continues to support financial growth, which allows markets to rise, "decrypts in a note Jasper Lawler, badyst for London Capital Group.
" The main question is the next: Donald Trump will he keep his promise of an escalation of protectionist measures following the retaliation of Beijing In the meantime, the markets are trying a rebound, "stress the badysts Aurel BGC side.
" In this regard, the inves weavers will pay particular attention to companies that are highly exposed to the Chinese market and which, potentially, in the coming months, could suffer retaliation from Beijing, "says Christopher Dembik, head of economic research at Saxo Bank.
The subject will remain on the front of the stage two days before the arrival in Europe of US President Donald Trump, who will attend the NATO summit Wednesday and Thursday in Brussels.
– Air France climbs –
Moreover, On Monday, the operators will be attentive to the statements of the President of the European Central Bank, Mario Draghi, who will speak during the day in Brussels.
On the indicators side, the agenda will include consumer credit figures in the Member States.
In France, growth should have capped at 0.3% in the second quarter, despite a sharp rebound in industrial production in June, confirmed Bank of France in a third estimate released on Monday.
For its part, Germany has unveiled a trade surplus of 20.3 billion euros in May, up from April, according to provisional data.
On the values front, Air France-KLM gained 5.19% to 7.26 euros, after announcing that the number of pbadengers transported by the airline increased by 3.7% in June.
The commodity sector was also well oriented, like ArcelorMittal (+ 1.47% to 25.84 euros euros), Eramet (+ 3.58% to 115.80 euros) or TechnipFMC (+1 , 16% to 26.15 euros).
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