The CAC 40 is expected to open in fall - June 22, 2010
European markets should take a breather on Tuesday morning at the opening, following a rise of more than 1.3% for the CAC 40 in France, 1.2% for the Dax in Frankfurt and 0.9 % for the FTSE in London.
The effect yuan – will easing of monetary policy by central Banquce China – indeed should not last, just like what happens in Asia this morning the stock exchanges globally are displayed in decline on Tuesday morning (except China). And what happened Monday night on Wall Street, which has erased As his winnings to finish in decline.
The euro resumed its decline late Monday afternoon, and stabilized during the night of Monday to Tuesday to $ 1.23.Meanwhile, China, the Chinese central bank set the yuan's daily central rate – which is the reference rate for the trade – at 6.7980 yuan per dollar, its highest level in five years.
Top of the Committee meeting of the Fed
In Germany, the Ifo barometer, followed closely by investors, will be unveiled at 10:00. At 11:00, the European Central Bank will publish the balance of payments of the euro area. On Tuesday, the new British Minister of Finance presents his budget "emergency" 2010/2011.
In France too, the government prepares new austerity measures. Interviewed by the Financial Times, the secretary general of the Elysee, Claude Gueant, said that measures will be announced in the fall.
At 16 hours, home resales in May, the U.S. will be known when the meeting begins Monetary Policy Committee of the Fed.According to Aurel, the Federal Reserve "will leave once again, its key rates unchanged.
BNP Paribas was downgraded by Fitch
Fitch said Monday it has downgraded the long-term issuer rating of BNP Paribas down one notch, to AA-, but now the investment in solid, with a stable outlook.
The Zodiac aerospace group announced the acquisition of the company canadienneCantwell Cullen & Company, specializes in equipment for cable protection.
Bureau Veritas Group has announced the signing of an agreement with British company to acquire its subsidiary Inspicio Inspectorate, with 450 million pounds (540 million euros). Inspicio is majority owned by British investment company 3i.
Bouygues UMP mayor of Marseille Jean-Claude Gaudin, announced Monday it had accepted the candidacy of GFC Construction, a subsidiary of Bouygues, for renovation of the Velodrome stadium and its surroundings, a project costing 273 million EUR for the Euro 2016 football payday loan online. Vinci is thus rejected.
PSA Peugeot The manufacturer shall make price 500 million of five-year bonds with a 5.625% coupon, a yield of 5.75% and maturing on June 29, 2015. Yesterday, the automotive industry has benefited from the influence yuan. Renault rose 3.56% and 2.44% PSA.
L'Oreal Liliane Bettencourt, the richest heiress in the Group announced the adjustment of its tax assets abroad after the revelation of possible tax evasion in connection with the case between billionaire's daughter.Moreover, the wife of Eric Woerth – the current Minister of Labour previously in charge of the Budget – will resign "in the coming days" of the company since 2007 where she manages a portion of his fortune.
Casino Casino announced Monday it had increased from 33.4% to 33.7% its stake in its Brazilian subsidiary GPA (formerly CBD) at the end of a capital increase reserved for him. Grupo Pao de Acucar (GPA), the leading distributor in Brazil, is jointly owned by the Brazilian Diniz family and French retail group.
BPCE The judge Roger Le Loire will conduct an investigation for "illegal taking of interest" on the appointment of Francois Perol head of Banque Populaire, Caisses d'Epargne (BPCE), opposed by unions and opposition .
Alstom holds its general meeting from 14:00.
Auchan According to information from Figaro, Lille distributor sells new vehicles on its website. Other brands will engage, in signing him as a partnership with self-ies.com, leader of the online sales of cars sold off.
Banks In five days of the beginning of the G20, which will be held in Toronto, France and Germany called on Monday for unity on the subject of the tax credit.But Nicolas Sarkozy and Angela Merkel faced hostility from many countries of the G20, including India, Russia, China or Canada, which hosts the next G20, the introduction of a tax credit.
The leaders of GDF Suez, EDF and Poweo participate in a symposium on the power industry.
The Blues are fleeing
Defeat of France against Mexico on Thursday, referring to Nicolas Anelka on Saturday, the team refused to train Sunday partners French Football Federation (FFF) – Carrefour, Vodafone, Credit Agricole and GDF-Suez – have been strained in recent days, pending a probable elimination of the French on Tuesday.