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The Stock market of Paris doesn’t stop anymore penetrating. Thursday October 16, the CAC 40 enclosed to 3 181 points, releasing 5,92% after having lost 6,82% already the eve. The market remains weighted by the fears of a recession in the United States. In the afternoon, the Parisian market fell until 3 122 points, a lower since August 2003. Paris fully erased his/her/its rebound of the week beginning.

Thursday afternoon, all Stock markets Europeans enclosed in net receding. In London, the Tootsie 100 yields 5,35% to 3 861 points. Frankfort penetrated quickly before recovering to the fence:  the DAX falls of 4,91%, to 4 622 points. In the same time, the Stock market of New York released 3,05%, to 8 315,95 points.

A set of indicators unfavorable to the United States weighed on the markets. The American industrial production fell in September of 2,8%, his/her/its strongest receding since December 1974, driving the forecasting’s of the analysts. Otherwise, the activity of the industrial sector of the region of Philadelphia (northeast of the United States) is contracted itself strongly in October, the indication measuring the conditions of the sector having dived to – 37,5, very worse that waited, and recording the strongest monthly decrease of his/her/its history thus.

NO PROGRAM OF RAISE GENERALIZED"

"The markets meet facing a problem that is unfortunately familiar to them:  how to behave facing a recession and especially from what moment the financial market begins to anticipate the exit of it?", wonder Jean-Paul Pierre, director of the strategy at Dexia. Remain that the market must face "an impact important of the financial crisis on the conditions of financing and on the confidence of the business managers", raise broker Aurel.

The president of the Ungrouped, Jean-Claude Juncker, rejected the idea of a raise "program generalized" of the economy in Europe in spite of the risks of recession. To "throw a plan of raise to European scale would drive us very automatically in some countries to take leave in relation to the rules healthy of the European stability" pact, that foresees some limits to not to pass in terms of deficit and debt, underlined M. Juncker, otherwise Prime minister of the finances Luxembourg.

Mistrust weighted the financial values again, after the announcement by the Swiss authorities of a help of 60 billions of dollars destiny in the UBS bank. Eight mutual banks found an agreement, Thursday, to be suitable of money in order to "give back confidence to the European banking sector".

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