The Paris stock market gained 0.2% this morning, around 7730 pts, driven by Airbus (+1.7%), Thales (+1%) and Société Générale (+1%).

Although the US equity markets will be closed on Monday for the Martin Luther King Day celebrations, the United States will remain at the heart of the day's news with the inauguration of Donald Trump, who will take office in the White House as the 47th President.

In Europe, the day looks calm, with no economic indicators expected to boost the session.
However, the underlying trend should continue to be driven by the hope that the future Trump administration will capitalize on the current health of the US economy, which should benefit equities.

Although initially skeptical about the inflationary effects of the policies to be implemented by the new American president, investors are now betting on the beneficial impact of the economic deregulation measures promised by the New York businessman.

In particular, they are betting on the adoption of a favorable institutional framework for crypto-currencies, as well as on their increased use for everyday settlements and payments.

Proof of the craze surrounding the sector, the price of bitcoin has soared in recent days and is currently trading at an all-time high of over $108,000. Some analysts see the virtual currency reaching the $120,000 mark in the longer term.

Launched to great fanfare over the weekend, Donald Trump's new crypto-currency, the Trump Coin, has seen its value rise to several billion dollars in just a few hours.

Still in the digital sphere, observers expect Donald Trump to quickly issue an executive order to allow TikTok, recently banned by the Supreme Court, to continue operating in the USA via a buyout or partnership.

The risk appetite created by hopes linked to Donald Trump's arrival in the White House is not supporting the dollar, which continues to be penalized by the recent fall in bond yields across the Atlantic.

The greenback is retreating against several benchmark currencies, including the euro, which is back above $1.03 (+0.3%)..

On the bond market, the yield on ten-year Treasuries is moving towards 4.63%, a long way from the 4.80% reached a week ago, while its German equivalent is also stable at 2.50%, while the OAT for the same maturity is at 3.30%.

In London, Brent crude oil is trading at around 80.6% a barrel (-0.2%).
In French company news, Air Liquide announced on Monday that it had signed contracts with 20 hospitals, just under a year after launching its offer to help healthcare establishments reduce their carbon footprint.

Alstom has announced that it will supply the Métropole Européenne de Lille (MEL) with an additional 15 new-generation 52-meter-long automatic metro trainsets, worth around 210 million euros, in addition to the 27 trainsets already ordered.

Alstom has also announced that it has won a new contract with the Madrid metro, for which it will supply signaling technologies enabling the deployment of driverless trains.

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