International Headlines and Stories

At the close Tuesday night, the CAC 40 gained 0.49% to 4053, 94 points, a record for a year and a half. While on Wall Street investors were taking a break, despite the confirmation of the retention by the Fed to lower interest rates (between 0% and 0.25%, and has been d?bembre 2008).

On Wednesday morning, Asian stock markets are moving in the positive. This early morning, the Bank of Japan also announced that it retained its interest rates to 0.1%. The World Bank, East Asian development is driving the global economic recovery, but these countries need reform to enjoy sustained growth.The institution expects an increase of 8.7% of GDP in the area in 2010.

Around 8:15 am, the CAC index futures expire in April 2010 predict an opening near balance (-0.01%).

Rich economic news

Side Europe, INSEE and ISAE Ifo and its equivalents, will unveil their outlook for the second quarter of the year. At 11 hours, the GDP of the eurozone in the fourth quarter of 2009 (third estimate). At the same time, will be published the second estimate of the composite PMI services for the month of March, and prices for industrial production.

In the U.S., weekly stocks of crude oil will be reviewed by financial operators. Oil is quite stable in anticipation of these figures, but quickly approached $ 87 in recent days. Investors anticipate a rise in global demand.The Qatari Minister of Energy Abdullah al-Attiyah said Tuesday that it was not necessary to bring OPEC to discuss soaring prices at the highest in a year and a half No credit check payday loans.

At 19:30, the Fed chairman, Ben Bernanke, will speak on "Economic Challenges past, present and future. A speech certainly scrutinized closely in the wake of its decision on rates. Any change of address would be taken seriously.

Finally, at 21 hours, the figures on consumer credit in the U.S. in February.

Using concrete for Renault and Daimler

The Franco-Japanese alliance Renault-Nissan and Daimler, the German manufacturer Mercedes and Smart have announced equity cross-holdings of 3.1%, and a broad industrial partnership.The Renault shares surged 3.86% to 36.87 euros at the close yesterday.

Carrefour prepares to leave Portugal, reports Le Figaro. The retailer will start selling the 524 hard discount stores it operates in this country under the banner Minipre?o. Their turnover has reached 915 million euros in 2009.

Rentabiliweb Specialist monetization of online and offline audiences, today announced it won a bidding group France Televisions in order to monetize the sites hearings France Televisions Interactive.

Deinove today launches his bid for the purchase of shares. Offer clot April 20 and the first titles will be on the Paris stock exchange – Alternext – from April 21. The "greentech" hopes to raise from 12 to 15 million euros in the financial markets to fund its research.

Maurel and Prom will publish its annual results after-hours trade.

Greece has lived too long beyond its means on falsified data, intentional or negligent. While the previous government announced a deficit of 6% of GDP, George Papandreou, just took office in October 2009, revealed a deficit of 12.9% and public debt to 115% of GDP, while the limit Brussels is fixed by 3%. The euro fell from the clouds. Widespread tax evasion – the shadow economy exceeds 20% of GDP – bloated government spending, burden of staff: emergency measures needed. Athens offers a drastic austerity plan: reducing government spending and health spending, freezing salaries and bonuses of officials, raising the age of retirement payday loan lenders !!!???!! !???!!!. Greece promises to bring back this way its public deficit to 8.7% of GDP at end 2010, but not convincing.Riddled with debt, it will borrow 53 billion euros this year if she wants to get out. If Europe does not help, bankruptcy is a nightmare scenario that nobody wants because it could snowball. But Greece also must avoid at all costs the social explosion that growls at her.

2) Why so much reluctance in Germany?

The German Chancellor has requested that a country can be excluded from the euro area "last resort" in case of repeated infringements Maastricht rules. Photo credits: AFN

One would think that prudence would limit the rebound in markets in Paris, pending the release of monetary policy the Federal Reserve, expected at 19.15, this mardi.Et that, after closing down slightly on the Tokyo Stock Exchange this morning. Finally, the rise of the index in Paris should be solid on the future of the CAC 40 index rose 0.73% to 3917 points. On Monday, the CAC 40 has yielded 0.93% to finish the session at 3 890.91 points.

The consensus, the status quo on the rate seems to be accepted, but the market awaits clarification on possible exit strategy crisis Fed.This meeting will be the anchor of Tuesday's session, very lean corporate earnings, but punctuated by economic indicators.

Thus, France will release at 8:45 the inflation figures for the month of February and the index of prices in supermarkets also in February, to 12 hours.

In Germany, the market will follow the German ZEW index of investor confidence.

Finally, the EU finance ministers will meet on Tuesday, including the agenda monitoring the formal notice to Greece in February about the improvement in public finances.

In the struggle between the United States and China on the currency market, members of Congress sent a letter to Treasury Secretary Timothy Geithner and Commerce Secretary Gary Locke requested that the yuan is on the list of currencies handled in the annual report issued by the Obama administration next month.

Values follow

Steria: services company in computer engineering was published on Monday a net profit group share of fiscal 2009 from 48.2 million down 6.6% compared to the result of last year.Its annual turnover fell by 3.1% at constant scope and exchange, to $ 1.630 billion, but this decrease was slightly lower than expected (-3.5%). The group expects a first semester "difficult".

NextRadio TV: The media group NextRadioTV presented Monday after-hours trade, a net deficit of 6 million euros in 2009 when analysts expected a loss of 2.7 million. The group has however decided to pay its shareholders a first dividend in its history which amounts to 0.2 euro per share for the year 2009.

Renault and Daimler have begun talks on a mutual stake in the framework of a long-term cooperation, the Financial Times.Furthermore, Renault sales rose 30% in February to 109,663 units.

PSA-Peugeot: The automaker recorded in February, up from 18.4% to 149,128 vehicles, according to figures published by the Association of European Automobile Manufacturers (ACEA).

Assystem: In a statement, the group specializes in the field of engineering and innovation consulting published under the fiscal 2009 net income group share a deficit of 800,000 euros against a profit of 25.8 million euros in 2008. Its annual turnover has decreased by 8.8% to 613.1 million euros. The operating margin from 6.7% in 2008 to 3.6% in 2008. As for the dividend has been halved, to $ 0.25 respectively euros per share.

Ambiance morose on equity markets. Investors doubt visibly increasing the sustainability of global economic recovery and remain concerned about the drift of public deficits. In Paris the CAC 40 fell 0.37% to 3928.95 points. The activity is particularly low, with about 3 billion traded on the great values of the Paris stock exchange. For specialists Global Equities weakness of this volume reflects the renewed investor caution since the crisis erupted Greek.

Other stock markets retreated in unison in London, the FTSE lost 0.41% and in Frankfurt the Dax dropped 0.14%. As for the European indices, the Euro Stoxx 50 has dropped by 0.50%. Ambiance also mixed with the NYSE that, having opened in the red was just the balance.

The ill wind is once again came to the United States, where the publication of several indicators has revived questions about the pace of economic recovery. The labor market appears to be stabilizing if it remains at extremely low levels. Investors are also skeptical about the latest statistics from China. Industrial production rises, but at the same time inflation is accelerating and that credit is increasingly scarce. For Christian Parisot, an analyst at Aurel if "fears of overheating were revived, the dynamism of China's growth is positive for the global economy."

In Paris, the securities industry, including specialist materials such as Eramet (-2.56%) or Arcelor Mittal (-1.65%) were in pain."We now prefer to stay away from those sectors most exposed to emerging countries" explain strategists Aurel BGC. According to them, these titles have been among the main drivers of rising markets last year are now offering a limited but potential increased risk. The values considered defensive shot, however, hold their own, like Carrefour (1.47%), GDF Suez (0.82%) or Arkema (-2.28%).

Europe does not go well and its leaders will be within forty-eight two good opportunities for reflection. Parliament invest on Tuesday afternoon the Barroso Commission II, which takes office in financial turmoil, after a slump for several months. Thursday, the twenty-seven Heads of State and Government of the EU are invited to attend an economic summit "extraordinary", where the urgency of defeating more abstract considerations.

Seen from Brussels, failures and hopes dashed accumulate. The Lisbon Treaty would give a strong voice in the union. Alas, two months since she keeps losing steam.To the disappointment of Copenhagen climate, followed by a painful quarrel projectors in Haiti, was added a final existential doubt: the package of Barack Obama the next transatlantic summit because the U.S. president, they say, better to …

The crisis comes together Greek humiliation. After crossing a recession more severe than elsewhere, Europe was already facing a horizon of sluggish growth, against the United States and of course China. In recent days she has to fight attacks on what she believed to be the sanctuary of serenity: the euro area, torn by fiscal indiscipline South and North trade surpluses.

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Reduced to a dilemma – should the EU or not replenish it Athens? – The question is inevitably raised at Thursday's summit in Brussels Same day payday loans