Paris (AFP)

The Paris Bourse was shyly engaged in the green at midday (+ 0.16%), however, not to shout victory even if the prospect was improving on the Brexit as the commercial front.

At 13:30 (11:30 GMT), the CAC 40 index rose 8.93 points to 5,731.08 points, in a trade volume of 976.4 million euros.

Wall Street was preparing for its part to open in the green. The index futures on the index Dow Jones Industrial Average advanced 0.34%, the broad index S & P 500 of 0.27% and Nasdaq, strong technological color, 0.36%.

The Parisian coast started the week almost unchanged, hesitating in the morning before engaging in the green.

"Investors bet indeed on the end of the escalation of customs duties on the one hand and the disappearance of the risk of a + no deal + on the other hand," writes Tangi le Liboux, an analyst for Aurel BGC.

Three days before the expected date of Brexit, the 27 countries of the European Union gave Monday the green light for a third postponement of the date of exit from the United Kingdom.

This postponement provides for a deadline of 31 January, but with the possibility for the United Kingdom to leave the EU on 30 November or 31 December in case of ratification of the exit agreement before these deadlines, says a document seen by AFP.

Investors were also pleased with the progress announced on the trade front, with China confirming on Saturday that negotiations with the United States were on track, announcing in passing its intention to lift the embargo on US poultry imports. .

The day before, the Trump administration had indicated that part of the trade deal under negotiation with China was "close to being finalized".

Nevertheless, it is not the first time that the conclusion of an agreement is announced as imminent whereas the markets wait for more than 18 months the end of the Sino-American hostilities.

Investors were in the starting blocks before the meeting of the Fed which they expect a third rate cut this year to support the activity weakened by the trade war.

In the euro zone, the money supply M3, an aggregate used by the ECB as a leading indicator of inflation, rose less rapidly in September, at + 5.5% year-on-year, than in August, down by a tenth point at + 5.8%.

- Eurofins tops the SBF 120 -

LVMH was grappling 0.14% to 384.50 euros after confirming "preliminary discussions" with the US jeweler Tiffany for a possible redemption.

Vivendi gained 0.48% to 25 euros. Banijay, of which it is the minority shareholder, will acquire 100% of the capital of the Dutch audiovisual producer Endemol Shine.

On the SBF 120, Eurofins was on the rise (+ 5.62% to 466.20 euros), the group having recorded an organic growth of 6.4% in the third quarter and confirmed its objectives.

Fleury Michon gained 1.69% at 30.10 euros, driven by the increase in sales (+ 6.8%) in the third quarter.

Renault was standing still (+ 0.08% to 49.07 euros). Barclays lowered its price target to 59 euros (down from 60) while S & P Global Ratings downgraded the group's rating to BBB-.

EDF, to which the government has asked to put in place an "action plan" within a month to put the nuclear industry back to the "highest standards" following the setbacks of the EPR Flamanville (Channel) lost 0.75% to 9.22 euros.

Carrefour sold 0.25% to 15.70 euros. The group decided to set up in 2020 in Uzbekistan.

© 2019 AFP