Paris (AFP)

The Paris Bourse finished in the green (+ 0.51%) on Tuesday, helped in particular by a rebound in technology stocks in the United States and by statements by the Chinese Minister of Commerce suggesting hope for a resumption of dialogue with the United States. United.

The CAC 40 index gained 26.80 points to 5.268.26 points, in a trade volume fed of 4.01 billion euros. The day before, it ended up 0.65%.

The Parisian coast started the day in the red, before gradually recovering.

"We are a little in a day in between" with a market in the green, which reacts mainly to two elements, said AFP Alexandre Baradez, an analyst at IG France. "This morning, we had European inflation below expectations so the market continues to anticipate a European Central Bank (ECB) that can be accommodating Thursday."

Inflation in the euro area fell sharply in May, to 1.2% against 1.7% in April according to Eurostat, reinforcing fears of a slowdown in the global economy, marked by the trade war waged by Washington.

But the upward movement has mostly accelerated in the early afternoon "after the statements of the Chinese Minister of Commerce, who said that tensions between the United States and China should be resolved through dialogue and negotiation" continued Baradez. "It seems that it opens a small door", according to him, even if in fact, such remarks were already held in the past and "do not mark a turning point in the relations between the United States and China".

While the US President, visiting London, assured that everything was "on the table" in the future post-Brexit negotiations of a free trade agreement between the United States and the United Kingdom, China has Tuesday issued a series of alarmist warnings to its nationals traveling to the United States, hinting that it could play the map of tourism in the trade dispute with Washington.

The US Central Bank has also said monitor "closely" the effects on the economy of the trade war that has recently increased in intensity, Donald Trump has increased the pressure on China but also on Mexico.

The head of the Mexican diplomacy Marcelo Ebrard nonetheless estimated Tuesday that there was a very strong possibility of reaching an agreement with Washington to avoid the tariffs that President Donald Trump threatens to impose on Mexican imports next week.

European indices also benefited from the recovery in the US market where technological stocks rebounded, heavily penalized the day before by information on investigations concerning several giants of the sector.

Between the pressure of the trade war between the United States and China and these investigations, it starts to do a lot for technology stocks, which have recorded very strong performance in recent years and quarters, and are therefore exposed to a real risk of correction, "said Baradez.

As for the European Central Bank (ECB), which meets this Thursday, "I'm not sure that we can expect extremely directional elements", although, given the evolution of markets in recent days, "It would be the moment to mark the spirits," he said.

? 2019 AFP