Paris (AFP)

The Paris Bourse ended without direction Tuesday (+ 0.08%), remaining on the reserve two days of a meeting of the European Central Bank (ECB) whose investors expect new monetary support measures.

The CAC 40 index plummeted 4.24 points to 5,593.19 points, in a significant trade volume of 4.4 billion euros. The day before, it had ended in small decrease of 0.27%.

The Parisian rating started stable before giving ground and returning to anchor to balance.

"We have markets that evolve a little bit in a scattered order with Europe which is still pretty good but the United States is in the red," said AFP Alexandre Baradez, an analyst at IG France.

This shows, he continued, that "the European market, for the moment, remains focused on issues of monetary policy, even fiscal stimulus" as "US investors take their gains, especially on technology stocks (Microsoft, Alphabet) ".

"The market is wait-and-see but overall positive, there is no real risk aversion compared to" Thursday's meeting of the European Central Bank (ECB), although "clearly the market expects" some many things, "added Baradez.

Investors are banking on the announcement by the Frankfurt institution of a package of measures to stimulate the economy: "the announcement of a new QE (for" quantitative easing ", a program of buybacks of public and private debt, Ed), a rate cut and measures that will accompany all this to limit the negative effects, especially on banks, "detailed the expert.

Still, we can not have a miracle Thursday with a handover (at the head of the ECB) in the wake, "said Mr Baradez.

It is therefore unlikely, according to him, that the European Central Bank is pulling the heavy artillery recovery, even though there are no signs of recession in the euro zone.

In the United Kingdom, Prime Minister Boris Johnson said on Tuesday that he wants to scramble to find a new divorce agreement with the EU, after a series of scathing denials in the House of Commons that thwart his strategy of a Brexit at all costs .

The deputies thus refused early Tuesday the organization of early parliamentary elections.

On the indicator side, producer prices in China registered last month at their lowest level since August 2016, while in France, industrial production for July recovered. On the other hand, it continued its decline in Italy in July, at -0.7%.

© 2019 AFP