(CercleFinance.com) – Futures on the CAC40, jumping 70 points towards 7486, augur a good start to the session in Paris, while the scenario of a fairly clear victory for the Republicans seems for the moment to be draw on the other side of the Atlantic.
'As we write these lines, the New York Times gives Donald Trump a 93% chance of winning a second term and predicts that the Republican Party will take control of both houses of Congress', underlines Panmure Liberum.
'In this context, the American indices are reacting positively, with the S&P 500 up more than 1%. But it is above all the Russell 2000, bringing together small American capitalizations, which stands out,' notes Saxo Bank.
'In Europe, the reaction is more moderate: fears of an aggressive trade policy and geopolitical tensions, particularly due to NATO policy changes, are weighing on the indices,' continues the Danish bank.
If their attention should remain monopolized by the American elections this morning, investors will also take note of several macroeconomic data in Europe, including the composite PMI indices for the month of October.
In stock news in Paris, Crédit Agricole reveals net profit share of the underlying group up 10.9% for the third quarter of 2024, notably pointing to the growth of its savings management and insurance business.
Among the points of activity on Tuesday evening or in the morning, also include those of the investment company Eurazeo, the chemists Solvay and Arkema, the renewable energy producer Neoen and the credit insurer Coface.
