Paris (AFP)

Thursday's session on the Paris Stock Exchange was held with little variation (+ 0.03%), wedged between unsurprising announcements by the US Federal Reserve, those coming from the ECB and pending the results of the British elections.

At 13:35 (12:45 GMT) the CAC 40 index took 1.86 points to 5,862.74 points, in a trade volume of 1.2 billion euros. The day before, at the end of a day already sluggish, he ended up slightly up 0.22%.

The Parisian coast spent the morning slightly in the green.

For its part, Wall Street was preparing to open also close to balance. The index futures on the index Dow Jones Industrial Average lost 0.01%, that on the expanded index S & P 500 was 0.03% and the one on the Nasdaq, strong technological color, 0.06%.

Investors are waiting for the first monetary policy meeting of the era Christine Lagarde at the head of the European Central Bank.

But no announcement is to be expected, given the interest rates already very low and the relaunch last month of a large program of asset purchases.

"The status quo is expected, rates will remain unchanged," predicts Franklin Pichard, chief executive of Kiplink Finance.

"This press conference will mainly enable the Frenchwoman to assert her style, unlike Mario Draghi, who had no problem at the end of his term in opposing the noisy minority of the Board of Governors. 'it will try to have a more consensual approach,' predicts Christopher Dembik, head of economic research at Saxo Bank.

On Wednesday, the US central bank left its rates unchanged after three declines in 2019.

Fed boss Jerome Powell "reiterated the need for material changes + to the economic context for monetary policy to be modified and, above all, 13 of the 17 members of the monetary policy council do not anticipate any change in interest rates. from here ... 2021, "says Pichard.

Investors finally keep on their radar the British elections where the election promises to be tight between pro-Brexit conservatives Boris Johnson and Labor Jeremy Corbyn who want to hold a second referendum on the subject.

The first results are expected around 22:00 GMT.

"So it is still a political and monetary day that will be announced while without tweet of Donald Trump, the markets approach the session with serenity", summarizes Franklin Pichard.

- Air France in the green -

On the indicators side, investors are aware of inflation in Germany, confirmed at 1.1% in November over one year and in France where it is in the same range (+ 1%).

In terms of values, Air France-KLM was in the green (+ 1.59% to 10.51 euros), driven by its order for ten additional Airbus A350-900, a contract worth $ 3.17 billion. at the list price.

The statements of Engie's president, Jean-Pierre Clamadieu in order to exclude any scenario of dismantling the group and to calm the game on rumors of departure of the general manager, Isabelle Kocher, were not enough to reassure the markets, since the title yielded 0.89% to 14.51 euros.

Vinci was down 0.59% to 98.40 euros, having inaugurated Wednesday in Salvador de Bahia an expanded and modernized airport after work of 160 million euros.

L'Oreal rose 0.47% to 255.60 euros after announcing that it was going to market Prada cosmetics.

© 2019 AFP