The star CAC 40 index rose 72.09 points to 6,295.08 points around 10:15 a.m.

On Monday, it had lost 0.83% after falling 3.41% the previous week, its worst weekly performance in two months.

Wall Street also suffered again during Monday's session, with the three main indices losing between 0.5 and 1%.

"Investors still seem to be in a phase of digestion after the + hawkish + meeting (in favor of a restrictive monetary policy, editor's note) in Jackson Hole last Friday," said John Plassard, investment specialist at Mirabaud.

On Friday, the Chairman of the United States Federal Reserve, the Fed, Jerome Powell adamantly showered the hopes of a softening of the monetary policy of the institution in the near future.

Sovereign interest rates jumped in stride, a sign that investors are counting on further significant increases in the US institution's key rates.

“The European Central Bank and the Bank of England can also be expected to hike rates aggressively over the next two weeks, despite fears that further rate hikes could hamper the economy, rather than to help it," says CMC Markets analyst Michael Hewson.

To gauge the next decision of the ECB, investors will analyze the inflation estimate in Germany in August on Tuesday, before the figures for France and the euro zone on Wednesday.

Boding well for these data on price trends, European benchmark natural gas prices fell from their peak, losing 20% ​​on Monday to settle at 272 euros per megawatt hour on Tuesday around 9:50 a.m.

Gazprom reduces deliveries to Engie

The French energy company Engie announced that the Russian giant Gazprom had informed it of additional and immediate reductions in its gas deliveries to it "due to a disagreement between the parties on the application of contracts".

The action nevertheless took 0.95% to 12.32 euros.

The group recalls that it "had already secured the volumes necessary to ensure the supply of its customers and for its own needs", and according to the European platform Aggregated Gas Storage Inventory (AGSI), the gas stocks of France exceeded the 90% filling threshold for the winter on Thursday.

Orpea agrees to reimburse the State

The group of private nursing homes Orpea (+ 3.63% to 22.85 euros), in turmoil since the revelations in January of the book-investigation "Les Fossoyeurs", announced Tuesday that it would reimburse 25.7 million euros to the public authorities out of the 55.8 million claimed from it.

© 2022 AFP