The Paris Bourse is now in the red (-0.3%) around 7070 points, the day after a session which saw Wall Street draped in green with +1.8% for the Nasdaq, +1.1% for the S&P500 and +0.6% for the Dow Jones, well helped by better-than-expected US growth figures and Tesla's dynamism (+11%).

Concerns over a lacklustre earnings season to date have not prevented the world's stock markets from continuing to rise in recent weeks.

Markets seem increasingly content with the prospect of a continued slowdown in inflation, which could lead US monetary policy to become less restrictive.

A number of economic indicators have been released, including US household spending and income.

According to the Commerce Department, consumer spending in the USA fell by 0.2% in December 2022 compared with the previous month, in line with Jefferies' expectations. Household income, meanwhile, rose by 0.2%

In addition, the final figure for the consumer confidence index measured by the University of Michigan will be published in the afternoon.

In France, French household confidence remained virtually stable in January, as measured by the Insee synthetic indicator, which lost one point to 80 and thus remained well below its long-term average (100 between January 1987 and December 2022).

In company news, LVMH last night forecast another 'record' year in 2022, with sales of €79 billion and operating income before non-recurring items of €21 billion, both up 23%.

Airbus has announced the recruitment of over 13,000 people worldwide in 2023. Some 7,000 of these will occupy newly created positions within the company.

Also in the aeronautical sector, Air France-KLM announced that its Board of Directors had approved a firm order for four Airbus A350F freighters for KLM subsidiary Martinair.

TotalEnergies EP Canada announced that it had exercised its pre-emptive right to acquire an additional 6.65% interest in Fort Hills Energy Limited Partnership, and the associated commercial and logistics agreements, with a view to its future spin-off.

Danone announces that it is exploring its strategic options, including a possible sale, for the Horizon Organic and Wallaby organic dairy businesses in the United States, as part of its asset rotation program announced in March 2022. The Horizon Organic and Wallaby brands (milk, coffee creamers, yoghurts, cheese and butter) represent around 3% of Danone's global sales.


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