Paris (AFP)

The Paris Bourse fell Tuesday at midday (-1.11%), returning to fears before new Sino-US trade negotiations in a context of political and economic uncertainties.

At 13:35 (11:35 GMT), the CAC 40 lost 61.51 points to 5,460.10 points, in a trade volume of one billion euros. The day before, it ended up 0.61%.

The Parisian coast opened slightly in the green before tilting and increasing its losses gradually.

Wall Street was heading towards a negative opening. The Dow Jones Industrial Average index futures contract fell by 0.67%, the broad-based S & P 500 index by 0.62% and the Nasdaq, with strong technological color, by 0.64%.

After the first positive, the European indices "are finally pointing downwards" which reflects "the great perplexity of investors and traders this week on the meaning that must be adopted with a side of the macroeconomic environment and the other is the geopolitical context, "said Franklin Pichard, chief executive of Kiplink Finance.

Main appointment of the week, the next negotiations between the United States and China to try to break the stalemate of the trade war will be held from Thursday in Washington.

While media reports suggest that Chinese authorities have significantly reduced the scope of litigation they are prepared to tackle this time, Donald Trump announced Monday that he favors a global trade deal with Beijing rather than a partial treaty. .

From one meeting to the next, investors are moving from hope to fears, and caution is reinforced by the fact that other big issues are so far from being solved, starting with Brexit.

The talks between Europeans and British on this issue resumed Monday in Brussels, but were again deadlocked on Tuesday: German Chancellor Angela Merkel warned British Prime Minister Boris Johnson that an agreement was announced "extremely unlikely "while the president of the European Council, the Polish Donald Tusk, accused him of playing with" the future of Europe ".

The US president's reversals of Syria also fueled trouble. After leaving the field open to a Turkish offensive against Kurdish forces in Syria, Donald Trump, under international pressure and on his own, backtracked in confusion, warning Turkey against any excess.

On the indicators side, German industrial production rose 0.3% in August, a respite in the black series of indicators of the leading economy of the euro area.

China, for its part, published its services activity figures, which in September saw their lowest growth rate in seven months.

Investors will also watch a speech by Fed Chairman Jerome Powell at a conference of the US institution.

- Airbus resists -

In this context, Airbus was the only security to hold in the green on the CAC 40 index (+ 0.27% to 117.54 euros) while the group announced that in September it delivered 71 aircraft to 42 customers, exceeding the bar of 9,000 copies for his A320, and have recorded 41 orders.

Gecina (+ 0.62% to 146.50 euros) also benefited from the recovery of its "overweight" by Morgan Stanley.

Michelin declined in contrast to 1.96% to 95.96 euros, penalized by a recommendation lowered to "neutral" by Barclays.

Air France-KLM lost 3.16% to 9.73 euros. The group carried 9.3 million passengers in September, 2.2% more than a year ago, boosted by its low-cost subsidiary Transavia and KLM.

© 2019 AFP