The Palais Brongniart continues to fluctuate around its closing level on the eve of a march that took a breather after a jump of nearly 4% in one session. Investors have responded little to the surprise of weekly jobless claims in the U.S., announced on the eve of the release of employment figures for August. .
They have not responded to the downward revision in U.S. Productivity. On the Old Continent, Jean-Claude Trichet announced that as expected the European Central Bank will maintain its allocations unlimited as long as necessary.
The cyclicals remain firm in the wake of the rise in Asian markets this morning. Capgemini is also research following its takeover of the leading Brazilian IT services. Conversely, Pernod Ricard suffered profit taking after the announcement of results no surprise judges. Continue reading