At the Paris Bourse, Total and Renault will set the tone
In a session marked by a new series of major publications and the summit in Brussels, the CAC 40 should navigate the uncertainty Thursday. On Wednesday, the index in Paris gained 0.63% to 3635 points.
On the macroeconomic front, investors will listen closely to the Extraordinary Summit of Heads of State and Governments of the European Union devoted to the economic crisis and to preserve the European social model. Germany could announce his signing on backup plan for Greece.
Furthermore, INSEE releases its survey of investment in the industry for the month of January.By late morning, the banks have an appointment with the Minister of Economy and Finance, Christine Lagarde, to discuss the credit.
In the United States, figures are expected in retail sales for the month of January, weeks claimed unemployment, inventories and business sales for the month of December.
New series of publciations
After the publication of ArcelorMittal, PSA, Sanofi Aventis and Nexans, a new series is scheduled for Thursday morning: Alcatel-Lucent, Total, EDF, Danone, Renault or Dassault Systems .M6 publish after-hours trade.
Alcatel-Lucent posted a net loss of 524 million euros in 2009 and 2009 sales down 10.8% to 15.1 billion euros.
France Telecom announced it would invest two billion euros in a fiber optic network by 2015 in densely populated areas of France by 2015, thus removing the freeze on spending in this area.
Air France-KLM reported a net loss of 295 million euros in Q3 2009-2010. The operating loss in Q3 reached 245 million and the company expects an operating loss similar to T4.
Property Walls said he expected a new stability of its recurring net profit in 2010 and expected to maintain a dividend to 1.40 euros.
The group acting CRITT announced a decrease of 7.3% of sales in Q4 2009 to 298 million euros.