Paris (AFP)

The Paris Bourse was changing in the red (-0.43%) Monday at mid-session, for lack of new rebound on the trade war, the subject that obsessed investors for months, and waiting for the British elections on Thursday.

Around 13:10 (12:10 GMT), the CAC 40 lost 25 points to 5,846.89 points, in a trade volume of 865 million euros. Friday, the index had finished significantly (+ 1.21%).

The Parisian rating moved all morning on negative ground, slightly increasing its losses at midday.

Wall Street was about to open slightly in the red. The Dow Jones Industrial Average index futures contract lost 0.14%, the broad-based S & P 500 index 0.13%, and the Nasdaq, high tech, 0.14%.

"Beijing and Washington continue to negotiate the + + phase of a trade agreement aimed at easing tensions, while we are only 7 days before the adoption of the 15 December surcharges Washington on $ 160 billion worth of Chinese goods, "said Franklin Pichard, chief executive of Kiplink Finance.

"The week ahead should dictate the trend of the end of the year," said a note Christopher Dembik, head of economic research at Saxo Bank.

The date of December 15 is in everyone's mind and any agreement before this one should reassure the markets.

The targeted goods include mobile phones and sportswear.

"If the dialogue is not broken, it seems that we are still far from an agreement.The situation may be tense throughout the week," feared Mr. Dembik.

- Central Banks and Brexit at the menu of the week -

But the trade war is not the only news of a rich week.

Markets will monitor the latest moves of the year from major central banks, although no major decision is to be expected, pending Thursday's UK elections, which will be decisive for Brexit.

"We are entering the final stretch of the UK elections where the Conservative party is leading the dance, and the doubt about the majority that will be achieved remains intact, which is the most important in the Brexit context," notes Christopher Dembik. .

On the indicators side, investors first became aware of the German trade surplus. The latter is up in October to 20.6 billion euros, a good surprise for a struggling economy in recent months.

In France, the Bank of France confirmed its forecast of a slowdown in growth in the fourth quarter to 0.2% due to a slowdown in activity in construction and industry in November.

In terms of values, Air France-KLM fell 0.15% to 10.26 euros despite the increase of 1.3% in its number of passengers in November, compared to the same period last year, including a rise on the long-haul.

Sanofi, on the other hand, fell 0.55% to 83.10 euros after announcing the purchase of US biotech Synthorx for 2.5 billion dollars (2.26 billion euros) in cash, an operation allowing him to to strengthen in immuno-oncology.

Ipsen was one of the big losers (-2.26% to 82.15 euros). On Friday, the pharmaceutical group announced the partial suspension of several studies.

© 2019 AFP