The Paris market to equilibrium at midday

European markets are slightly resume this morning. The CAC 40 moving close to balance increasing by 0.06% to 3916 points after falling 2% yesterday.

Lowering the perspective of the note yesterday by Belgian agency Fitch has raised concerns about the debt crisis in the eurozone. Last Saturday, the rating agency Standard & Poor's had lowered the perspective of the Italian debt.

This morning, investors welcomed the IFO index of business climate in Germany. It stabilized in May It stood at 121.4 points, while economists predicted a decline in the index.

German growth was up 1.5% in the first quarter. Investment and domestic demand are the two categories that have increased the most.

In France, industrial orders fell 1.2% in March.

The market expects, however, a report by rating agency Moody's threatens to lower the rating of fourteen British banks.

The rating agency Standard & Poor's plans to lower the note by the Franco-Belgian group Dexia. The bank is, in fact, heavily exposed to Greece.

On the Paris index, PPR signed the best performance and increased by more than 2%.
Danone shows the largest decrease in the CAC 40 after announcing disappointing outlook. The title loses 1.7%.
The SRD, Arkema rises more than 4%, HSBC analysts raised their recommendation on the title.

Finally, in the Forex market, the euro recovers against the dollar and is trading at 1.4075 dollar.