This morning, the Paris stock market clawed back almost 0.2% around 7,460 points, with the support of Renault (+2.2%), Teleperformance (+1.5%) and Safran (+1.4%) in particular.

The markets are awaiting the publication of a number of major indicators, mainly from the eurozone.

'It has to be said that investors will be faced with a few crucial days, between a series of high-profile results, economic statistics and central bank decisions that will prove decisive for the market', points out Jim Reid, analyst at Deutsche Bank.

Tuesday promises to be rich in indicators that will enable investors to learn more about the evolution of the eurozone economy, the major topic of concern at the moment.

The first estimate of second-quarter GDP growth in the euro zone will be published at 11:00 a.m., and the consensus is for a slowdown in economic activity, to +0.2% compared with +0.3% for the first three months of the year.

In France, INSEE announced this morning that real GDP had grown by 0.3% in the second quarter, following a similar increase in the previous quarter, according to a first estimate.

Another important date, the publication of the first German inflation figures for July, could also influence the trend at 2:00 pm.

The stock market is nonetheless animated by numerous earnings releases, whether in Paris, Europe or Wall Street.

The accounts of bp, Merck, Pfizer and Procter & Gamble are among the items on today's agenda, before those of Microsoft, which will be published this evening after the close of the US markets.

At the same time, the Federal Reserve's Monetary Policy Committee (FOMC) meets today, knowing that it is virtually certain that it will not change interest rates.


On the currency markets, the dollar continues to rise against the euro, which is back towards $1.0825/E, as we await the Fed's announcements.

Brent crude oil is stable at around $78.9 a barrel.

It's not unlikely that bad news on the ground in Israel and Lebanon will lead to an abrupt surge in prices", warns Christopher Dembik, Investment Strategy Advisor at Pictet AM. This is certainly the main point of attention in the days ahead", warns the analyst.

In other French company news, Scor reports a net loss of 308 million euros for the second quarter of 2024 (-283 million on an adjusted basis, i.e. excluding the impact of the change in fair value of the option on Scor's own shares), impacted by the 2024 review of L&H assumptions.

TotalEnergies reports that it has signed an agreement with Scatec to acquire its subsidiary SN Power, which holds stakes in renewable hydroelectric projects in Africa, as part of a joint venture with Norfund and British International Investment (BII).

Stellantis announced on Tuesday that it topped the commercial vehicle market in the first half of the year in Europe and South America, as well as in the Middle East and Africa region.

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