The suspense remains: the CAC, which had climbed from -0.3% to around -0.1% around 4.45pm, is down again by around ten points... but is still comfortably above the 8,200 mark, just 0.5% off its all-time highs... and still without volume. and still without volume.
Only 1.1MnsE was traded in 8 hours, and there has been no real "buying interest" for 6 sessions.

But we are witnessing a real funicular rise, and the index remains capable of a 7th session of gains.

The Euro-Stoxx50 and DAX are down just 0.1% and could go on to set new records... as could the AEX, the Dutch index, which climbed +0.9% to 913: 7th consecutive closing record guaranteed.

Wall Street gets off to a cautious start this week, but on a positive note: US indices are up between +0.1% (S&P or Dow Jones) and +0.3% (Nasdaq).
On Monday, the 'VIX' unexpectedly surged (given the S&P's near-zero volatility) by +6.6% to 13.5 from 12.55 on Friday (maximum risk appetite).

Risk appetite is once again on the rise across all markets, with remarkable consistency, from equities to bonds, credit and commodities", points out Florian Ielpo, at Lombard Odier.

After last week's sharp rebound (+3%), the Paris index and the Euro-Stoxx50 will be put to the test this week with a slew of economic indicators, starting with the latest US inflation figures.

U.S. equity markets - which have just posted three consecutive weeks of gains - are now within touching distance of their all-time highs.

While the speed and scale of these gains may give rise to fears of an imminent pullback, the market could well find fresh impetus if the CAC manages to sustainably climb above its major resistance level of 8250 points.

Up to now, the 8250-point threshold has represented an important management point for investors, synonymous with partial profit-taking, which has prevented a rally to the psychological 8500-point threshold.

The Paris market's ability to break through this key level will be tested over the next few days by a busy schedule of indicators, including retail sales and industrial production figures from across the Atlantic.

"We recommend building portfolio positions according to all possible scenarios, but with a bias towards the prospect of rate cuts", stresses Angelo Kourkafas, strategist at Edward Jones.

Also on the week's agenda is a speech by Fed Chairman Jerome Powell at the annual conference of the Foreign Bankers Association in Amsterdam.
On the bond front, with 24 hours to go before Jerome Powell's speech, no one is taking the initiative: the US 10-year and 2-year yields have eased by 2pts (to 4.48% and 4.85%), while in Europe, Bunds and OATs have also eased -1.5pts, returning to their Thursday levels of 2.505% and 3.011% respectively.

The dollar is also little changed, shedding -0.2% to 1.0795/E (the '$-Index is down -0.15%).

In French company news, Sanofi has announced a €1.1 billion increase in investment in its major industrial projects in France, to create new bioproduction capacity at its sites in Vitry-sur-Seine (Val de Marne), Le Trait (Seine-Maritime) and Lyon Gerland (Rhône).

EDF announces the signature, with several major international banks, of green bank loans dedicated to the financing of its nuclear fleet in France for around 5.8 billion euros, with maturities ranging from three to five years.

For its part, Air France-KLM announces the launch of a cash buyback offer for two existing bond issues, as well as its intention to proceed with a new bond issue, with a view to extending the average maturity of its debt.

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