The Paris Bourse is set to open slightly lower on Tuesday morning, with investors adopting a cautious stance ahead of the publication of inflation figures in the United States, while the day's statistics will provide a first glimpse of price trends.

At around 8:15 a.m., the 'future' contract on the CAC 40 index - for delivery at the end of May - was down four points at 8,209 points, heralding a negative start to the session.

Investors are counting on the series of economic indicators expected in the coming days to enable the markets to maintain their recent upward momentum, now that the earnings season is drawing to a close.

While awaiting the US CPI, due out tomorrow, market participants will be watching with interest at 2.30pm for the publication of the US Producer Price Index (PPI), which is expected to be little changed in April.

Should these figures be weaker than expected, this could encourage the Fed to ease monetary policy, while better-than-expected figures would further delay the deadline for a rate cut.

Against this backdrop, investors will be paying close attention to statements by US central bank president Jerome Powell, who will be speaking later this afternoon in Amsterdam at a conference organized by the Foreign Bankers' Association in the Netherlands.

The trend on the European markets could also depend on the day's economic indicators, as investors take note of the latest inflation figures in Germany and Spain.

At the end of the morning, the ZEW index of investor sentiment in Germany will also be monitored, which should confirm that the economic outlook is gradually improving in Europe's leading economy.

Although it fell by 0.1% yesterday, the CAC 40 index had previously posted six consecutive sessions of gains, returning to levels close to its all-time highs.

But technical analysts are also reminding us that the 8250-point zone is a dangerous one, with many investors seemingly ready to take profits at this level, as illustrated by the selling reactions that have often characterized the reaching of this milestone in the past.

On the other hand, the news is relatively quiet on the corporate results front, although investors will be keeping an eye on the release of US DIY giant Home Depot, scheduled before the Wall Street opening.

This morning, German chemicals and pharmaceuticals group Bayer reported first-quarter performance in line with expectations, and confirmed its full-year targets.

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