Futures on the CAC40, roughly stable, augur a hesitant opening this Thursday, after the Paris index fell 1.7% to 7253 points the previous day, against a backdrop of growing anxiety over negotiations on the US debt ceiling.

The latest news was not particularly promising, with House Speaker McCarthy telling reporters that there were a number of issues on which negotiators were still far apart," notes Deutsche Bank.

The German bank also points out that, after the US markets closed, credit rating agency Fitch placed the US rating on negative watch, even though its baseline scenario remains that an agreement would be reached.

We remain constructive on a deal being reached in time to avoid a default on US debt, even if we expect the soap opera to continue in the very short term", also judged Libby Cantrill, Head of Public Policy at PIMCO.

In addition to France's business climate index, to be released shortly before the opening, the session should see the publication of new first-quarter GDP estimates for Germany, in the morning, then for the USA, in the early afternoon.

In other stock news, environmental services group Derichebourg reported a 39.1% decline in net income for the first half of 2022-23, on sales that contracted by 12.7%.

Pierre & Vacances reported a 28% year-on-year improvement in half-year adjusted EBITDA, enabling it to confirm the increase in its financial forecasts for 2022-23, announced in April.

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