Stocks continue to rise, the pound climbs

London excepted, the main European stock exchanges continue their progression on Tuesday in mid-session and Wall Street seems to have gone to new records, relative relaxation of tensions related to North Korea and relief after the passage of the hurricane Irma on the United States promoting risk-taking.

In Paris, the CAC 40 gained 0.71% at 5,213.41 points at 11:00 GMT. In Frankfurt, the Dax takes 0.59%. The pan-European index FTSEurofirst 300 is up 0.66%, the EuroStoxx 50 in the euro area 0.65% and the Stoxx 600 0.64%.

The latter reached its highest level since the 9th of August.

In London, the FTSE 100 declined 0.23%, penalized by the appreciation of the pound sterling in reaction to the higher than the expectations of inflation in the United Kingdom in August.

Prior to the downturn in the London market, the MSCI World Index, which united nearly 50 developed and emerging markets, had set a new record, amplifying the movement begun the day before.

New York-based index futures signal Wall Street opening slightly up after Standard & Poor's 500 record Monday.

The trend in US markets, however, should be influenced by the announcement of Apple's first global capitalization, NASDAQ: AAPL , which is to present new products from 17:00 GMT.

In the meantime, investors have been relieved by the UN Security Council's decisions on North Korea: its members have unanimously approved new sanctions, which Pyongyang considers "illegal", without going so far as to threaten of the country's oil supply .

FINANCIALS REMAINED, PEUGEOT (AP: PEUP ) AT THE HEAD OF THE CAC

The fact that Hurricane Irma did less damage than expected in the United States continues to support financial stocks, including in Europe: the Stoxx index of banks gains 1.42%, that of financial services 1 , 22%, insurance 0.93%.

In Paris, Societe Generale (PA: SOGN ) (+ 1.86%) and BNP Paribas (PA: BNPP ) (+ 2.12%) are in the top three of the CAC 40, just behind PSA, 02%.

At the Frankfurt Motor Show, the carmaker promised to present a recovery plan for Opel in November and explained how to re-integrate the production of certain components of its future electric or hybrid vehicles.

On the downside, Ingenico (PA: INGC ) (-1.47%) is among the most pronounced declines in SBF 120 after Pierre-Antoine Vacheron, former chief financial officer still occupied operational functions.

On the foreign exchange market, along with the appreciation of the pound sterling, which has been at its highest level for six weeks against the euro under 90 pence, the dollar stabilizes against a basket of six major currencies after its strong increase in the previous day, favored by short positions and the recovery of Treasuries' yields.

The euro is trading at $ 1.1960.

Yields on euro area government bonds are rising, to 0.37% for the ten-year period in Germany and 0.663% for the French equivalent.

Oil prices have fallen slightly, with the drop in demand caused by hurricanes in the United States continuing to weigh on prices.