<\/p>\n
After yesterday’s slight decline of 0.19% to 6,753.52 points, the futures contract on the flagship CAC 40<\/strong> index gained 0.06% some 40 minutes before the opening of Thursday’s session. “There was little in the price movements to suggest that the declines were anything other than a brief pause<\/strong> in the overall rise in European markets<\/em>,” said Michael Hewson<\/strong>, an analyst at CMC Markets<\/strong>, who is taking an optimistic view of what is to come.<\/p>\n <\/p>\n It was the mostly better than expected corporate earnings releases that initiated and sustained the overall uptrend that has been taking shape in recent days.<\/p>\n <\/p>\n This Thursday, investors will again have to analyse numerous results, whether in Europe<\/strong> (Nokia<\/strong> or Volkswagen<\/strong>), in the world (Amazon, Apple, Sony<\/strong>…) or even in Paris<\/strong>, with Airbus<\/strong>, Stellantis<\/strong> or even Sanofi<\/strong>.<\/p>\n <\/p>\n Meetings with many central banks are also planned, which should bring macro-economic issues, such as persistent inflation<\/strong> or slowing growth<\/strong>, to the forefront and to the heart of the analyses.<\/p>\n <\/p>\n In the early afternoon, Christine Lagarde<\/strong>, the President of the European Central Bank<\/strong>, holds a press conference to explain the decisions of the monetary committee. Although inflation<\/strong> is at the heart of the debates, it should not make the ECB<\/strong> deviate from its course, which estimates the beginning of a gradual normalization<\/strong> of the monetary policy by December.<\/p>\n <\/p>\n Several French companies are worth watching. TotalEnergies<\/strong> announced a 23-fold increase in net profit over one year, to 4.6 billion dollars in the third quarter, thanks in particular to the recovery in oil prices. Airbus<\/strong> is also in the green, with a net profit of 404 million euros in the third quarter, reflecting the gradual recovery of its activities. On the other hand, the car manufacturer Stellantis<\/strong> was hit hard by the shortage<\/strong> of semiconductors and produced around 600,000 fewer vehicles than expected in the third quarter, a drop of 30%.<\/p>\n <\/p>\n <\/p>\n