Paris: investors limit risks before the meeting of Jackson Hole – 08/21/2025 at 10:55 am

(Zonebourse.com) – The Paris Stock Exchange gives 0.3% this morning, around 7,945 points, penalized by luxury with -1.3% for L’Oréal, LVMH and Kering. Meanwhile,
Investors have just read the PMI indices on the old continent. Consequently, Thus, the Flash PMI Composite HCOB index in the euro zone, produced by S&P Global, went from 50.9 in July to 51.1 in August. However, signals growth in global activity in the region for an eighth consecutive month, at its most sustained rate since May 2024. Furthermore,

This acceleration of activity growth has reflected the highest increase in almost three. However, a half years in the manufacturing sector, while the increase observed in the services was lower than that of the previous month. In addition,

‘Despite the opposite winds. Meanwhile, including customs duties imposed by the United States and the climate of general uncertainty, companies in paris: investors limit risks before the region are resilience,’ Cyrus of Rubia, chief economist in Hamburg Commercial Bank. For example,
In France. In addition, the HCOB PMI Flash PMI index of global activity has grown closer to the 50 bar which separates the growth in contraction, from 48.6 in July to 49.8 in August. Therefore,

It has even reached its highest level since the start of the contraction period of the global activity started a year ago. Nevertheless, reports only a minimal deterioration in the economic sector of the French private sector. Similarly,
The attention of the markets is now focused on Wyoming. where the Jackson Hole symposium begins today, an annual meeting of the central bankers who will be concluded with the highly anticipated Declaration by Jerome Powell, the president of the Federal Reserve.
The speakers hope that the Patrone of the Fed will provide some clues on the calendar of the drop-down. rate paris: investors limit risks before decreases in the United States.

The main risk for risky assets is due to the divergence between recent statements by Jerome Powell. which have not given any certainty to investors, and market anticipations, which over 81% over a drop of 25 basic points in September.

For many specialists. the market places too many expectations in Jackson Hole, although it appears unlikely that the central banker announces something likely to move the markets, which is why investors have seemed to find few reasons to buy in recent days.
The recent slowdown in the American labor market has however fueled speculation on a monetary relaxation.

Knowing that the Jackson Hole symposium will be devoted to employment issues, the publication at 2:30 p.m. in the United States of weekly registrations for unemployment will be followed closely. insofar as they could provide indications on the demand for labor.

Published last night. the ‘minutes’ of paris: investors limit risks before the July meeting of the Federal Reserve also provided some interesting elements concerning the future of American monetary policy.

‘Overall. the participants stressed that there were risks on both sides of the Fed’s mandate, above all emphasizing the risk of raising inflation on one side, and that of a weakening of employment on the other’, summarizing this morning the teams of Danske Bank.

‘The majority judged that the inflationary threat weighed heavier. several estimated that the two risks were roughly, and a handle considered that the real danger came rather from the labor market,’ underlines the Danish bank.

The announcement of the quarterly results of Walmart. at lunch time, could energize the rating, while the world number one of distribution, confronted with commercial tensions, will have to adapt its strategy in order to maintain its competitive prices and to continue to gain market share, at the risk of somewhat sacrificing paris: investors limit risks before its margins.

In London, the barrel of Brent gained 0.4%, at 67.3 USD per barrel. The euro remains stable against the greenback, around 1.165 USD.

In the news of the tricolor companies. Eiffage announced last night that its subsidiary Eiffage Energy Systems had recorded nearly 950 million euros in controls in Germany in the first half of 2025, strengthening its position on the energy services market.

EDF announces the success of its inaugural emission of senior ‘Kangaroo’ Multi-Tranches for a nominal amount of a billion Australian dollars. an operation of which should be part of August 28.

Finally. Nacon unveiled Thursday morning, on the occasion of the Gamescom show in Cologne, a series of new products including its highly anticipated action-adventure game ‘Hell is us’.