CAC 40: Paris Stock Exchange Awaits Fed on Rate Inflection Point, Another Busy Session

there Paris Stock Exchange It is expected to rise slightly at the opening on Wednesday, January 31, still caught up in the dense flood of business news and economic indicators after arriving the day before. new heights. CAC 40 main index Tuesday ended with a record close of 7,677.47 points (+0.48%), having previously set a session high of 7,686.03 points. This is the third consecutive record close for the Paris index.

Investors will still have plenty to do on Wednesday with the numbersinflation Shortly before the start of the session in France and in Germany in the middle of the day. In the United States, new data on job creation in the private sector are expected on Wednesday, ahead of the official monthly report published on Friday. And in the evening, the American central bank’s decision on its interest rates will be announced. THE CAC 40 may be variable this week.


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The Fed is expected to cut interest rates in March. wrong?

The markets have no doubt will remain stable this time again, but they hope to see signs of a decision at the next meeting in March, where they expect a reduction. “From that press conference Fed In December, in which he admitted that the monetary policy committee had discussed rate cuts, markets decided that March would be the decisive meeting.”, summarizes CMC Markets analyst Michael Hewson. But investors should also consider many of the company’s results, even if the CAC 40 did not on Wednesday.

on Tuesday, at Wall StreetGoogle and Microsoft It ended 2023 with higher-than-expected revenue and profit — each more than $20 billion in the last quarter. But that wasn’t enough and the shares went lower, according to electronic trading after the session. In Europe, Novartis, Banco Santander and the largest capitalization Novo Nordisk have published their results.

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Among the stock market stocks to follow

Michelin : the group confirmed on Tuesday that it was one of the tire manufacturers subject to unannounced inspections by the European Commission, along with Continental, Nokian and Goodyear.

Vivendi : French media and publishing giant Vivendi announced on Tuesday that its supervisory board had approved a proposal to split it into four entities: Canal+, Havas, a publishing and distribution company (Lagardère and Prisma Media) and “an investment company”.

Schneider Electric : the electric utility heavyweight fell victim to a ransomware cyberattack in mid-January, however “limited” to divide “Sustainability Business”offers energy management services to customers, we learned from a spokesperson for the group.


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SEB : The small appliance specialist revised its key performance indicator for 2023 upwards on Tuesday after publishing full-year sales. “temporary” Slightly higher than 8,000 million euros, as explained in a press release.

Nexans : The French industrial cable group announced in a press release on Tuesday evening that it is the target of an investigation by the competition authority into the energy sector of the overseas territories.

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