The CAC 40, like other global stock markets, expect little change on Tuesday until after the mid-term elections in the United States and the outcome of the Federal Reserve meeting will be on Wednesday evening.
The Paris Stock Market probably will not escape the weakness in global equity markets. Investors are eagerly awaiting the results of the mid-term elections in the United States (the results will be known Teusday night/ Wednesday morning). Investors are also concerned about the outcome of the Federal reserve meeting, which will be published a statement on Wednesday evening. It detail the pace and extent of monetary easing for the future.
The automotive sector is in sight on Tuesday
In France, the Committee of French Automobile (CCFA) will unveil the car market figures for the month of October. For the first time since the beginning of the year an annual decline in the range of -1% is expected.
From this Tuesday through Thursday, the member countries of OPEC (Organization of Petroleum Exporting Countries) meet.
Areva close to 3 billion contract
The French nuclear group is expected to sign a contract for delivery of uranium worth three billion dollars with the Chinese utility CGNPC, during the visit of Hu Jintao in France at the end of the week.
Altran will publish its sales on Tuesday morning. CAM will unveil his own tonight after the close of trading.