Paris stock market is expected to open up slightly in the wake of the rise in Asian markets

The Paris stock market is expected to open up slightly in the wake of the rise in Asian markets. Caution remain rigorous two days of making money from the Fed. France Telecom and the aviation sector will be in the front line with the Board of Directors of Orange and the opening of the Paris Air Show.

The slight decline in the last two sessions should continue to start opening, but caution should remain up to the eve of a two-day meeting of the Monetary Policy Council of the Fed. Asian markets were upbeat this morning, the Nikkei 225 for Tokyo Stock Exchange ended with a gain of 2.73%, supported by buying cheaply on defensive stocks and large exporters, who have benefited from the decline in the yen against the dollar. Some traders believe that Fed Chairman Ben Bernanke will attempt to calm the markets by saying that if a slower pace of asset purchases is still valid, it should take place gradually. Investors monitor France Telecom at the Board of Directors to decide on whether or not to Stéphane Richard at the head of the group. The aviation sector is also in the news when the Paris Air Show opens its doors today. Also note the G8 Summit in Lough Erne, Northern Ireland, which will focus in particular on the fight against tax havens. Finally, France will award early afternoon Treasury bills at three months, six months and one year. Around 8:30, the June futures contract on Cac 40 index gaining 14.5 points 3816.

At the macroeconomic level, Eurostat will publish the 11:00 trade figures for the euro area in April and the index of the cost of labor in the first quarter. Two U.S. statistics on the program of the afternoon: the Empire State index of the New York Fed's activity for the month of June at 14:30 and the NAHB confidence index for real estate developers and builders the same month at 16:00.

France Telecom. Representatives of the State Board of Orange vote for maintaining Stéphane Richard, indicted under the Tapie, the CEO of the incumbent, François Hollande announced Sunday. The state owns 27% of France Telecom.

EADS. Airbus is on track to double its profit by 2015 through improved efficiency and management redesigned said CEO Bregier the Wall Street Journal. In addition, the U.S. leasing giant International Lease Finance Corporation (ILFC) is expected to announce in the Paris Air Show, which begins on Monday an order for 50 Airbus A320neo contract represents $ 5 billion at list prices, says Reuters citing industry sources. The Bloomberg believes his side that the British company leasing Doric Asset Finance is preparing to order 10 A380 very large holders representing a value of more than $ 4 billion.

Technip reiterated its targets for 2013 despite the second profit warning issued by Saipem in less than five months. The Italian oil services group, the European leader in the sector, now expects a net loss of 300 to 350 million this year. Technip announced in late April target an increase of 11% to 16% of its sales and current operating margins close to 15% in the Subsea division and between 6% and 7% in the Offshore.

Eutelsat and U.S. fund KKR should participate in the first round of bidding for the acquisition of Optus, the Australian subsidiary of Singapore Telecommunications, said Reuters, citing sources familiar with the matter.

Finally, Bull has been selected by the Directorate General of Armaments to achieve the fighting in 2016 Scorpion equip all ground forces information system. The contract value is approximately EUR 40 million net of tax.