(cerclefinance.com) going in the wrong direction from one end to the other of the meeting, the paris stock exchange closed down. the (relative) a good start on wall street on friday will not be enough to reverse the trend.
‘s arrival, the cac 40 was transferred to a little less than 1.1% loss 5.060 points, a weekly close to 3%.
analysts warned in recent days that trend could significantly increase the 5.090) points, with a cap that would then test the psychological threshold of 5000 points.
‘it is important to have in mind that today there are some red flags that indicate that the markets are beginning to be concerned about, and we need to monitor this morning, said chris weston, in 1994.
to validate a new updraft, the index to quickly revive the 5150 features and 5.175 points. however, a sharp break points would be a harbinger of 5.095 5.115 and downward acceleration, for their part, are kiplink teams, according to which ‘the friday close today will have any influence on the future trend.
according to its analysis, the downward spiral would continue, especially as the geopolitical context is heavy with the rise in tensions between north korea and the united states.
in terms of statistics, the meeting was dominated by the inflation figures for the month ended. destatis this morning confirmed its estimate of growth of 1.7% in consumer prices across the rhine. consumer prices have increased by 0.1% in the united states, after a stable in june and an average 0.2% forecast of economists. it, therefore, inflation took off on the other side of the atlantic, which could affect the monetary tightening by the fed.
on the foreign exchange market, the euro began to rise and 0.2% to 11796 dollar at the time of writing. a barrel of brent’s ease in similar proportions to 51.8 million. finally, on the
, micro, carrefour (+ 1.2%) was the only value of the cac 40 complete in positive territory. technipfmc (- 2.6%) closes the top
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Translated by forexguides.info Team