The Paris Bourse made a good attempt to open higherbut quickly fell below equilibrium. Since then, it has been in the red on Friday. Investors preferring the US equity market after Donald Trump’s election and the Fed’s rate cut. The CAC 40 lost 1.06% to 7,346.69 points at around 11:15. On Thursday, it had ended up 0.76% at 7,425.60 points.

European markets fail to benefit from the Fed and Trump’s election

Indeed, markets are unable to fix their opinion on news from the other side of the Atlantic. “Europe underperforms”sums up Caroline Lamy, Head of Equity Management at Crédit Mutuel AM. “The markets’ reaction to the US election results is caricaturally in favor of the United States and to the detriment of Europe, with a marked sector bias.”she explains.

The US Federal Reserve (Fed) cut rates by a quarter of a percentage point on Thursday.its second rate cut of the year, in the wake of Donald Trump’s election. The move puts rates in the 4.50% to 4.75% range. At his press conference, Fed Chairman Jerome Powell insisted that Fed members remained open to any possibility regarding the next meeting, scheduled for December 17 and 18.

These are “the best possible combination for US investors. Trump has just won the presidential election and the Fed has cut interest rates.”Ipek Ozkardeskaya, an analyst at Swissquote Bank, points out that this will boost the optimism of American investors, who, “sensing a change, are reveling in rate-cutting fever and Trump’s pro-business orientation.”notes SPI AM analyst Stephen Innes.

Germany brings instability back to the Old Continent

This optimism, which could have spread to other stock markets, seems to have come to a halt at the gates of Europe, which is in the grip of a new period of uncertainty. German Chancellor Olaf Scholz under increasing pressure from the opposition and business circles to leave power quickly after the break-up of his fragile coalition government.

“Indeed, the long-feared implosion of the federal government comes at the worst possible time for Germany, grappling with a serious industrial crisis, and for Europe, which is worried about the repercussions for its trade and security of Trump’s return to the White House. “This situation creates a vacuum in European politics, as Donald Trump prepares to take power across the Atlantic.”points out Sebastian Paris Horvitz and Xavier Chapard of LBP AM. The French market, and to a lesser extent all European markets, are also awaiting Beijing’s new salvo of measures to counter Trump’s return and boost its economy.

JCDecaux boosts sales thanks to the Olympics, but growth disappoints

Billboard giant JCDecaux reported third-quarter sales growth of over 10%. Growth was mainly driven by continued strong growth in digital sales, with France benefiting from the Olympic Games. “the positive impact of the Paris Olympic and Paralympic Games”.added Jean-Charles Decaux, Chairman of the Management Board and co-CEO, in the press release.

For the fourth quarter, however, the Group forecasts growth on a like-for-like basis. “moderate single-digit growth due to “macroeconomic uncertainties such as the ongoing budget debates in France and the UK”. The slowdown in growth was therefore punished by investors. The stock lost 9.33% to 15.25 euros at around 11.15 a.m., after having fallen by around 12% in early trading on the Paris Bourse.