Financial markets continue their bullish momentum
In this new episode of Market Trend, we welcome Laura Guihal from Societe Generale Private Banking. The European stock markets remained in the green after six consecutive weeks of increases in the Eurostoxx 50. The Parisian index continues to grow, exceeding the 7,100 points mark. The good publications of third quarter results and investor confidence in the maintenance of accommodative monetary policies this upward momentum and are pushing the indices to new records.
On the value side, BNP Paribas took the lead on the Paris stock exchange with a gain of nearly 3.30% over the last session. The bank is reportedly considering the possible sale of one of its American subsidiaries for an amount of $ 15 billion. This week will again be placed under the theme of inflation, but this time from the point of view of consumption with the quarterly results of the big names in American distribution like Walmart and Home Depot today, and Macy’s stores this Thursday.