The Paris stock market is currently down around 0.2%, at around 7330 points, at the start of what promises to be a quiet session in the absence of Wall Street, which is closed for the commemoration of George Washington's birth.

Trading is also expected to be limited due to the absence of major economic indicators, with no statistics on the day's agenda.

After a quiet day on the macroeconomic front on Monday, the rest of the week will be marked by a number of important dates, including tomorrow's publication of the latest PMI activity indices in Europe, before the release of Germany's Ifo business climate index on Wednesday.

For the time being, the only point of tension seems to be diplomatic relations between the USA and China, both on the issue of spy balloons and on Beijing's possible support for Moscow in the Ukrainian conflict.

On the corporate front, the earnings season is now officially drawing to a close, with only 61 of the S&P 500 companies, including two Dow Jones components, due to publish their accounts this week.

In Europe, some of the big names such as BASF, Capgemini, Engie, Holcim, HSBC, Stellantis and Telefonica will also be reporting in the coming days.

On the bond front, European markets are stabilizing after ending the past week on a favorable note, with German Bunds holding steady at around 2.44% and French OATs at 2.90%.

In company news, Icade reported net current cash flow (NCFC) for 2022 up 7% to around 417 million euros (+5.9% to 5.50 euros per share), "above guidance", on IFRS sales up 9% to 1.8 billion euros.

Riber shares rose sharply on Monday morning (+2.3%) on the Paris Bourse, the manufacturer of equipment for the semiconductor industry having announced that it had won a contract in Asia.

Finally, Technip Energies reports that it has won a front-end engineering design (FEED) contract from Arcadia eFuels to design the first commercial-scale plant for the production of sustainable aviation fuels, located in Vordingborg, Denmark.

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