The CAC 40 took 3.77 points to 6,668.97 points.
The day before, the Parisian place had ended down 0.70%, the star index having lost 47.28 points, to 6,665.20 points.
“The market is betting on an easing in China and everything related to the reopening of the Chinese market is pulled up,” commented Frédéric Rozier, manager at Mirabaud.
China decided on Tuesday to accelerate the vaccination of the elderly against Covid-19, two days after historic demonstrations against health restrictions and for more freedoms.
But if the news from Asia reassured, "there is a real hesitation today because the market will continue to seek itself according to inflation", estimates Frédéric Rozier.
In Europe, analysts were surprised to see inflation in Germany fall in November for the first time since June.
The growth of the price index reached 10.0% over one year, losing 0.4 points compared to October, indicated the statistical institute Destatis in a press release.
Despite this trend reversal, “it is too early to sound the end of the alert,” says Fritzi Köhler-Geib, chief economist at the German public bank KfW.
The European Central Bank (ECB) does not expect, in fact, that inflation will continue to fall permanently in the euro zone.
Across the Atlantic, consumer confidence deteriorated again in November in the United States, close to analysts' expectations, in an economic context still complicated between persistent inflation and risk of recession, according to the Conference Board index.
On Wednesday, the chairman of the Federal Reserve (Fed) will deliver a speech, following the publication of the Fed's Beige Book, the last report on the economy before its monetary meeting on December 13 and 14.
On Thursday, investors will be watching US consumer spending and PCE inflation for October, the Fed's favorite barometer for gauging price developments in the country.
Finally, the official US employment figures for November will be released on Friday.
Arcelor and Total up
Buoyed by hopes of an easing of health restrictions in China, the mining stock ArcelorMittal ended at the head of the CAC 40 with an increase of 2.98% to 25.94 euros, followed by the oil company TotalEnergies, up 2 .08% to 58.94 euros.
Renault reviews its transfer window
Renault ended up 1.17% at 33.78 euros, after announcing on Tuesday that its industrial director José Vicente de Los Mozos, a figure in the group, would soon be replaced by the manufacturer's Quality Director, Frenchman Thierry Charvet. .
© 2022 AFP