At the start of the day, the CAC40 is holding steady at around 7005pts, indicating a certain caution on the Paris Bourse, following the release of numerous macroeconomic data.

This morning, investors took note of the composite PMI indices for the past month in the eurozone and the main European countries, as well as industrial producer prices and retail sales in the eurozone for August.

At 47.2 in September (slightly revised from 47.1 in flash estimate), the HCOB composite PMI for overall activity signalled a fourth consecutive monthly decline in private sector activity in the eurozone.

As a reminder, the eurozone PMI had risen slightly to 47.1 in flash estimate, a level which however 'signalled a 0.4% fall in third-quarter GDP compared with the second quarter', according to the Hamburg Commercial Bank.

In August, compared with the previous month, industrial producer prices rose by 0.6% in the eurozone and 0.5% in the EU, according to Eurostat estimates, following declines in July of 0.5% in the eurozone and 0.7% in the EU respectively.

The volume of seasonally-adjusted retail sales fell by 1.2% in the eurozone and by 0.9% in the EU, compared with the previous month, according to estimates from Eurostat, the statistical office of the European Union.

Down sharply from 46 in August to 44.1 in September, the HCOB PMI composite index of overall activity points to a further marked contraction in activity in the French private sector, the most significant since November 2020.

In the United States, in addition to the PMI and ISM services indexes, traders are expected to scrutinize the ADP survey this afternoon, which will give a first indication of the labor market in September, prior to Friday's official report.

Meanwhile, in other stock news, Air France-KLM announces an agreement with Scandinavian carrier SAS, in which the group will acquire a stake of up to 19.9%, and with which it will enter into commercial cooperation.

Airbus reports that United Airlines has placed an order for 60 additional A321neo aircraft, supporting its 'United Next' initiative aimed at integrating new aircraft into its fleet, as well as standardizing and improving its global network.

Sanofi announces a collaboration with Teva to co-develop and co-market TEV'574, currently in Phase IIb clinical trials for the treatment of ulcerative colitis and Crohn's disease, two inflammatory bowel diseases.

Thales reports that it has completed the acquisition - announced last June - of Tesserent, one of the largest cybersecurity companies in Australia and New Zealand, following shareholder and other regulatory approvals.

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