(CercleFinance.com) – European stock markets fell sharply (-0.6% in London, -0.8% in Paris and Frankfurt), in the wake of Wall Street the day before (-1.8% on the Dow Jones) against the backdrop of comments from some Federal Reserve officials.
‘St. Louis Fed President James Bullard indicated that rates were ‘almost’ in restrictive territory and Cleveland Fed President Loretta Mester supported further rate hikes to come, without specifying any the magnitude, “said Wells Fargo on Wednesday evening.
The ongoing debate on the advisability of a pause in the Federal Reserve’s cycle of interest rate hikes could also be further fueled by new economic data expected this afternoon in the United States.
Operators must indeed take note, one hour before the bell, of the weekly registrations for unemployment benefits, of the residential construction figures for December, and of the activity index of the Philadelphia Fed.
In the news of European stocks, Geberit sells nearly 1% to Zurich, after the announcement by the manufacturer of sanitary equipment of an annual turnover down 2%, but up 4.8% in local currencies ‘in a difficult environment’.
Roche manages to glean less than 1%, a phase III study of Tecentriq plus Avastin, in people with early-stage liver cancer, having met its primary endpoint of improved recurrence-free survival.
On the Paris Stock Exchange, Accor (+2%) takes the lead in the CAC40 with the support of an advisory increase to ‘weight online’ by Barclays analysts, who say they perceive a lot of positive elements around the value hotelier.
