After spending the whole session in the red, the Paris stock market managed to limit its losses in the final minutes of trading: it finally ended the day down by a limited 0.21%, at 7,250 points, penalized in particular by the contraction of the luxury goods sector (-2.6% for Kering, -2% for Hermès, -1.8% for LVMH).

This morning, investors learned that household confidence in France had improved in November: at 87, its synthetic indicator - calculated by INSEE - rose by three points, but remains well below its long-term average.

Across the Atlantic, after three consecutive months of decline, US consumer confidence also rebounded in November, thanks to a slight improvement in household expectations.

According to the monthly survey by the Conference Board, the business confidence index reached 102 this month, compared with 99.1 (revised from 102.6) in October.

Finally, still on the statistics front, US single-family home prices continued to rise in September, albeit at a slower pace than expected, shows the S&P/Case-Shiller index published on Tuesday.

This index, which measures price variations in the country's 20 main urban areas, rose by 0.3% month-on-month, which is less than the 0.7% rate expected by economists.

Thursday's publication of inflation figures in Europe and the United States is sure to fuel the debate that has been driving the financial markets for months.

With 48 hours to go before an OPEC+ meeting which, according to specialists, could reveal some dissension within the cartel, North Sea Brent gained 2.5% to $82 a barrel, as did US light crude (WTI), which gained 2.4% to $76.8..

In a note released yesterday, BofA strategists said they expected oil prices to rise again next year due to the restocking movement affecting commodity markets.

The American investment bank estimates that Brent should reach an average level of $90 in 2024, while WTI is expected to average around $86 over the coming year.

In French company news, Ubisoft Entertainment (-9%) reports that it has successfully completed its placement of OCEANEs (convertible bonds) due 2031 by way of a public offering intended exclusively for qualified investors, for a nominal amount of 494.5 million euros.

Atos (-6.5%) confirmed on Tuesday that it had entered into advanced negotiations with a view to modifying and simplifying certain terms of the proposed sale of its Tech Foundations subsidiary to Daniel Kretinsky.

The company also announced a new strategic partnership agreement between its Eviden business line and Amazon Web Services (AWS) to accelerate the co-creation by their customers of AI-based, secure and sustainable industrial solutions in the AWS marketplace.

Nacon reports net income down 61.6% to 3.2 million euros for its first half of 2023-24, but with EBITDA up 20.1% to 29.3 million, or 43.2% of sales compared with 31.4% a year earlier.

Spie announces the signing of an agreement to acquire Munich-based ROBUR Industry Service Group, enabling it to establish a strategic position in the German industrial services market, where Spie previously had little presence.

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