The Paris Bourse, quarterly review and outlook - April 3, 2010
Between January 1 and the opening March 31, 2010 at the close, the CAC 40 rose from 3974 points to 3936.3 points. The benchmark index of Paris has "saved the honor by posting a quarterly increase … 1%. Over the period, the Paris stock exchange has hit a ceiling at 4045.14 points, and broke the 3,600 points (up to 3563 points) during the month of February. A substantial gap of nearly 500 points.
On Wall Street, the quarterly performance of the Dow Jones was 4.1%, the S & P 500 by 4.9% and the Nasdaq 5.7%. The three indices are changing around their highest levels in eighteen months.
The U.S. employment figures on the radar screens
For this Easter weekend, financial markets are closed Friday and Monday.As a result, the report on employment in the United States does not have its usual role of "market mover", that is to say strong influence on investor sentiment and therefore the indices dung beetles.
It could affect the opening and the trend on stock markets next week. "Investors need to be reassured about the strength of the U.S. economy. The employment statistics are a key indicator ', warn analysts Aurel BCG.
The consensus expectations are high: 180 000 new jobs. They reflect the expectations of hiring by the Census Bureau for the 2010 census and the reintegration of excluded jobs from the February estimate because of snowstorms.
For Aurel, "these forecasts seem overly optimistic." And ADP announced Wednesday 23,000 job cuts in private in March, while the market anticipated 40,000 new jobs.Caution is therefore on the eve of the long Easter weekend.