for info (google translated.. Paris) A WEEK UND

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A WEEK UNDER THE SIGN OF PUBLICATIONS AND THE ECONOMY FOR THE CAC 40

It is with a firm dollar, a barrel of oil in decline, 18 companies of the CAC 40 and about 40% of the market capitalization of the S & P 500 that are about to publish its quarterly investors will approach the new week. Economic data will also be on everyone's mind with the Markit PMI index of activity in services in Europe on Monday, and the first estimate of third quarter GDP in the US on Friday. Around 8:30, the future contract on November Cac index gaining 13 points.

On the foreign exchange market, the euro continues to decline at 1.0875 dollar after touching 1.0857 Friday, its lowest level since March. The euro-dollar remains weakened by renewed divergence of expectations in monetary policy on both sides of the Atlantic. Several officials of the US Federal Reserve calling for a rate hike by the end of the year, while Mario Draghi reiterated on Thursday that he intended to conduct its asset purchase program to an end without interrupt "brutally".

On the oil front, the price of Brent North Sea crude remains below $ 52 while Iraq has expressed its willingness to be exempted from any production reduction agreement within OPEC. Another bearish factor, the number of operating wells increased by 11 units last week in the US, according to data published by Baker Hughes. This is the first double-digit increase since August.

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