The Paris Bourse still profits (+ 0.87%) from the commercial truce

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The Paris Bourse continued to advance (+ 0.87%) Friday at midday, in a market reassured by the signs of appeasement emanating from Beijing and Washington and relieved of the political outcome in Italy.

At 13:57 (11:57 GMT), the CAC 40 was up 47.17 points to 5,497.14 points, in a trade volume of 1.07 billion euros. The day before, he had finished on a strong rise of 1.51%.

For its part, Wall Street was preparing to start in the green. The index futures on the Dow Jones Industrial Average index gained 0.53%, that on the expanded index S & P 500 0.54% and that on the Nasdaq, strong technological color, 0.56%.

The Parisian odds opened to balance before quickly accelerating the pace and getting closer to 5,500 points.

"The easing of trade tensions between the United States and China (supports) equity markets for a second day," summarized in a note David Madden, an analyst at CMC Markets.

"Beijing has said it will not respond in the trade dispute, and even if the situation is still tense, investors take advantage" to return to the purchase, he added.

The spokesman of the Chinese Ministry of Commerce has suggested that Beijing may not respond to the latest US surtaxes, arguing that the trade war was threatening global growth and a resumption of negotiations remained possible.

American and Chinese trade officials were also to discuss Thursday, according to Donald Trump, a few days before Washington increases tariffs on billions of Chinese goods.

"As long as the trade relationship (between China and the United States) does not deteriorate further, we could see a weekend in the green," said Madden again.

In terms of indicators, the rise in consumer prices stabilized in August in France, at 1.1% year on year, at the same level as in July.

In the euro zone, inflation also remained stable in August at an extremely low level (1%), according to Eurostat, which should prompt the ECB to act.

Italy, whose composition of a new government, under the auspices of Giuseppe Conte, is underway, after a recession in the second half of 2018 (0.1% GDP decline), has experienced growth. zero in the first six months of 2019, confirmed Friday the Istat.

In the United States, household spending and incomes for July and the Chicago Region Activity Index (PMI) for August will complete the agenda.

On the other side of the Channel, a Scottish court on Friday rejected a request to oppose the suspension of the British parliament, the first victory for the government in the legal battle launched by opponents of a hard Brexit who denounce a "coup d'etat".

Euronext CAC40



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