Paris (AFP)

The Paris Bourse closed Thursday on a strong increase (+ 1.51%), carried by both signs of lull in trade relations between Beijing and Washington that the results of companies oriented.

The CAC 40 index gained 81.17 points to finish at 5,449.97 points, in a limited trade volume of 2.9 billion euros. The day before, he had ended a slight decline (-0.34%).

The Parisian rating opened slightly lower before very quickly increase its gains and go over 5.400 points.

The Paris index, however, had an ephemeral blow just before closing, following statements by the governor of the Central Bank of the Netherlands Klaas Knot, according to which "the economic situation in the euro zone does not justify the recovery of "a QE program (for + Quantitative Easing +, a vast program of public debt redemptions Ed) by the ECB", noted with AFP Daniel Larrouturou, equity manager at Dôm Finance.

The fact remains that over the entire session, two elements have led the market, according to him: "the resumption of discussions between the Chinese authorities and their American counterparts" in commercial matters, and "the constitution of a government of union in Italy between the Democratic Party and the Five Star Movement ".

China hinted Thursday that it could refrain from retaliating to the latest US customs surcharges on its products, arguing that the trade war was threatening global growth and that a resumption of negotiations was still possible.

In Rome, outgoing Prime Minister Giuseppe Conte agreed on Thursday to form a government based on an unprecedented majority between the Social Democrats and the unclassifiable Five Stars, promising to work for a "fairer" Italy and "back in the foreground" in Europe".

"This removes the risk of political crisis in the short term" in Italy, and has had the effect of "up (on the stock market) Italian banks and the entire sector" with them, continued Mr. Larrouturou.

In France, well-oriented macroeconomic indicators, combined with several corporate earnings above expectations, also helped to brighten up the market.

Economic growth reached 0.3% in the second quarter in France, a figure slightly higher than the one originally announced (0.2%). And household spending on goods rebounded 0.4% in July, suggesting an acceleration in consumption.

In the United States, growth was revised down slightly in the second quarter, but remains decent although it has stalled compared to the beginning of the year.

On the other side of the Atlantic, pledges for home sales fell in July after two months of increases, contrary to analysts' expectations.

In Germany, inflation slowed to 1.4% in August year on year, against 1.7% in July, moving away from the target of the European Central Bank.

© 2019 AFP