The Paris Bourse is set to open slightly lower on Tuesday morning, halting the rebound begun in recent days in the absence of any major catalysts.

At around 8:15 a.m., the future contract on the CAC 40 index fell 27.5 points to 7,697.5, heralding a note of weakness in early trading.

The Paris market had ended yesterday's session with a gain of 1% to 7706 points, despite the collapse of Eurofins, which tumbled by more than 16% following a vitriolic report on the company's accounts by short-seller Muddy Waters.

The warning issued last night by Airbus - which now expects only 770 aircraft deliveries this year, compared with 800 up to now - could also cast a shadow this morning.

The modest rebound achieved by the Paris market over the past week will be put to the test over the next few days by a series of important events, not only on the economic front, but above all on the political front.

Investors should refrain from taking overly outspoken positions while awaiting the first round of parliamentary elections in France, the outcome of which will prove decisive for the country's future.

Whatever the outcome, the teams at Apicil, an asset management specialist, expect a political risk premium to persist in France over the coming year.

'Since the announcement of the dissolution, the markets have corrected sharply, but in a consistent manner', believes the social protection group.

In New York, the Dow Jones finished up on Monday evening (+0.7%), but the Nasdaq lost more than 1%, penalized by profit-taking on Nvidia, which posted its third consecutive correction (-6.7%).

Risk-taking remained limited ahead of Friday's release of the PCE price index, a measure of inflation particularly closely watched by the Fed.

Investors are also looking forward to the first debate between Joe Biden and Donald Trump, scheduled for Thursday evening, in the run-up to November's presidential election.

On the bond front, however, the week got off to a good start, with the spread between French OATs and German Buns narrowing to 76 basis points.

On the U.S. market, the yield on 10-year Treasuries fell back below 4.24%.

Oil prices stabilized after two consecutive weeks of gains. Brent crude from the North Sea is stable at $86 a barrel, as is US WTI at $81.6.

The agenda will be light on indicators, with only the Conference Board's consumer confidence index due to be released in the US in the afternoon.

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