(AOF) – Down yesterday, European stock markets regained color this Thursday, against a backdrop of rising long-term rates and in the absence of trading on Wall Street, closed due to the national day of mourning in tribute to former President Jimmy Carter. The CAC 40 rose 0.51% to 7,490.28 points while the EuroStoxx 50 rose 0.42% to 5,017.54 points. Volumes remained low.
While Donald Trump will be inaugurated into the White House on January 20, uncertainty and caution are driving investors regarding the former Republican candidate’s future measures, particularly in terms of customs tariffs.
The statistics were rather rare this Thursday.
Retail sales in the euro zone in November disappointed, having rebounded by only 0.1% against +0.3% expected, after the drop of 0.3% in October.
In Germany, industrial production increased by 1.5% in November over one month after falling by 0.4% in October, a revised figure of -1%, Destatis said. It was expected to increase by only 0.5%.
Furthermore, year-on-year inflation in the OECD area, measured by the consumer price index (CPI), was stable at 4.5% in November 2024 compared to October.
-Investors will learn tomorrow, when trading resumes on Wall Street, the report on American employment in December which could provide more information on the economic trajectory across the Atlantic.
On the foreign exchange market, the British currency fell 0.66% to 1.2283 dollars, its weakest level since the end of 2023. “The weakness of the pound reflects the growing uneasiness of investors in the face of the fall in the market Gilt, which attracted attention this week after 10-year and 30-year Gilt yields reached their highest levels since October 2008 and August 1998 respectively,” explains MUFG.
On the values front, OVHcloud finished in the green, thanks to a slightly more dynamic start to the financial year than expected and the confirmation of annual objectives.
Carmat also stood out while the developer of the artificial heart Aeson is seeking 40 to 45 million euros to extend its visibility beyond February.
