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The decline continues at the Paris Bourse

Shortly before noon, the index feature Parisian relapse 0.51% to 3473.34 points. The CAC 40 has yet attempted to ascend the slope slightly, reviving briefly in mid-morning, with 3,500 points, after an early morning start in the red (down 0.25% to 3482.53 points). A rise that coincided with the announcement of a surprise increase barometer Ifo main confidence index in Germany. The latter settled in August to 106.7 points against 106.2 in July (as confirmed), while economists and analysts had expected the decline to 105.7. Their estimates ranged from 103.8 to 107.5.

After returning to the equilibrium time, the Dax reassigns 0.13% in mid-day.The London FTSE follows the same path (-0.16%) after starting in negative territory (-0.10%) followed again by a brief rebound.

New indicators are expected in the United States, in addition to the unemployment figures in France in July. The real estate overseas, thermometer world's largest economy, will still be in the spotlight with the publication of the FHFA index of house prices and numbers of new home sales in July, which could rebound slightly. Before the opening of Wall Street, markets will also monitor the numbers of orders for durable goods last month, which could also not be bad.

On Tuesday, bad sales figures for housing (the lowest since 1995) had affected the Parisian index plunged below 3,500 points with a drop of 1.75%. This Wednesday in Asia, fears of a relapse of the new global economy have sealed the evidence.Wall Street had already set the tone with a fence net decrease of 1.32%.

As for currencies, the euro has stabilized against the greenback. The euro traded at mid-day at 1.2662 dollar payday loan no fax.

Edenred unscrews

In terms of values, many trucks will publish their results quarterly and half in this weekend.

Lagardere takes the lead, up from 3.94% to 29.045 euros. The title is supported by Exane noted that his opinion of "Underperform" from "Outperform." The target price has been raised from 35% to 35 euros

Edenred, the old branch of prepaid services group Accor became autonomous, has reported an operating income of 155 million euros in the first six months of the year, down 7.1% .Turnover rose 3.8% to 461 million. But the group is very conservative forecasts, the growth in issuance volume yet to be affected by rising unemployment in Europe. The securities were down 0.22% to 13.78 euros.

L'Oreal (0.90%) and Sperian (+0.09) will publish its first half results after market close.

The Polish government has shortlisted five offers to buy the 51% stake in state power company Enea on Tuesday said the Treasury Department, without specifying the identity of candidates. EDF (-0.44% to 31.63 euros) and GDF Suez (-0.80% to 24.32 euros) would be in the running according to media reports. Only EDF confirmed it had made a preliminary offer.

Scor (1.91% to 16.285 euros) has been a change of recommendation by Fitch.The broker has raised its outlook on Tuesday its debt rating of reinsurance group to "positive" cons "stable" and kept at "A" rating from its long-term debt of the group. Fitch said the decision including the prudent investment policy conducted by SCOR and the diversification of its risks.