WALL STREET : LITTLE CHANGE AFTER INFLATION

Wall Street ended the session slightly higher with investors hesitating on what to do next after an inflation statistic showing mixed conclusions.


The Dow Jones thus nibbles close to 0.1% while the Nasdaq Composite advances by barely 0.2%.


The consumer price index decelerated last month, showing an increase of 0.5% against + 0.8% in November, the increase in the cost of cars and rents having been tempered by a drop in prices Energy.


These figures in line with expectations, that is to say without any unpleasant surprises, had allowed the 'futures' of Wall Street to increase their earnings in pre-market quotations.


At the same time, the dollar is widening its losses after the publication of this statistic, which suggests that the Federal Reserve will remain on a trajectory of gradual tightening of its policy.


The fixed income markets are welcoming the inflation figures as the yield on 10-year T-Bonds eased by 3.5 points to 1.7350%.


If the CPI can be interpreted as a sign of moderation in inflationary pressures, consumer prices expressed as an annual rate rose by 7% in December, which constitutes a record in 1982.


'Tensions linked to inflation continue to display a generalized character ', worry for their part the economists of Commerzbank.


"The first rate hike by the Federal Reserve is fast approaching", underlines the German bank.


In terms of values, Tesla climbed 3.9% in the wake of a favorable rating from analysts at New Street Research, who made the manufacturer of electric vehicles one of their favorite stocks for 2022.


US investment bank Morgan Stanley announced that it would strengthen its presence in France with the opening of a global center for applied research in Paris.


Boeing has announced that it intends to strengthen its ties with German industrial companies after Berlin expressed interest in its fighter jets. The group says it has launched a call for tenders from a dozen German companies for the development, manufacture and maintenance of the F / A-18 Super Hornet and EA-18G Growler aircraft that the German army would consider purchasing. to acquire.

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