(CercleFinance.com) – The CAC40 ended the session with a gain of 1.38%, to 6965 points, in the wake of the Euro-Stoxx50 which gained 1.6% to 4173 points. Across the Atlantic, the S&P 500 and the Nasdaq gained 0.7% and 0.8% respectively, behind the Dow Jones, which grabbed 1%.
After Monday’s turbulent day, calm seems to have returned to the markets, a trend illustrated by the pullback of the VIX, known as the ‘fear index’, which fell 4.5% – while remaining above the threshold of 20 points, about 22.
It must be said that the health situation remains worrying and that the markets are not immune to a new episode of tension.
The contagiousness and the dangerousness of the Omicron variant are still two major uncertainties in the financial world.
The British Minister for Health, however, announced in an interview that while the epidemic was on the rise, hospitals had recorded ‘only’ 11 admissions of ‘Omicron’ patients and no deaths, which corroborates the observations made in South Africa where so-called ‘severe’ symptoms are rare, and deaths few.
It is against this background that Moderna presented encouraging preliminary data yesterday, showing that a third dose of its vaccine increased neutralizing antibody levels against Omicron by approximately 37-fold compared to pre-booster levels … but the N ° 2 of the group recognizes that this does not completely prevent the contamination.
While waiting to learn more, many strategists expect investors to reduce their exposure to risk as the end of the year approaches. Operators could thus turn to the safest assets, foremost among which are government bonds.
This is clearly not the case today since the bond markets are correcting heavily on both sides of the Atlantic: our OATs tighten from + 6Pts basis towards 0.058%, Bunds + 5.5Pts towards -0.305 Pts and T-Boinds from + 6Pts to 1.479% … as if investors were openly playing the ‘risk-on’.
The barrel of oil recovered + 1.3% towards $ 73 (after -3% the day before), the Dollar remained little changed at 1.1290 / E.
In the news of French stocks, BNP-Paribas, which sold its US subsidiary ‘Bank of the West’ for $ 163 billion, climbed + 3.8%.
Sanofi announces an agreement to acquire the immuno-oncology company Amunix, which will provide it with a promising portfolio for the development of immunotherapies with the first candidate AMX-818, which is expected to enter the clinical phase in early 2022.
TotalEnergies announces the commissioning of the largest battery energy storage site in France: located in Dunkirk, it meets the need for network stabilization, has a power of 61 MW, and a total storage capacity of 61 MWh.
Airbus confirms that it has received a lawsuit in English courts filed by Qatar Airways, relating to the dispute relating to the deterioration of the surface and paintwork of some of the A350XWB aircraft of Qatar Airways.
Finally, Carrefour announced the conclusion of a partnership with the Italian platform Everli for the delivery of online shopping in France and in new markets.
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