The world’s stock markets are off to a cautious start this week, with the CAC 40 dipping slightly as economic signals diverge and geopolitical uncertainties weigh heavily on investor confidence, while Donald Trump’s trade war takes on a new dimension, now affecting the cultural sector.
On the European stock markets, reserve is the order of the day. At midday, the Paris Bourse was down 0.24% at 7,709 points, after closing down the previous day. Frankfurt followed suit, down 0.17%, while London and Milan posted modest gains (+0.30% and +0.18% respectively). Cyclical stocks, particularly industrial groups with international exposure, are suffering from this new bout of uncertainty.
Conversely, Asian markets rebounded in the wake of the return of Chinese investors after several public holidays. The Hang Seng gained 1.07% in Hong Kong, the Shanghai index advanced by 1.13%, and the Shenzhen index rose by 1.84%. This surge is partly attributed to the hope, however fragile, of an easing of trade tensions between Beijing and Washington. Stock markets are trying to capitalize on rumors of diplomatic progress, despite the absence of tangible proof.
Falling producer prices in the euro zone : a signal of slowdown ?
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Read also > [STOCK MARKET UPDATE] Between mixed results and trade tensions, markets end April on a cautious note
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