Before the inflation figures in the US, European stock markets are expected to continue their downturn. The Eurostoxx 50 opens at 4,096.54 points (-3.14%), the CAC 40 at 7,011.50 points (-2.90%), the DAX 40 at 14,959.47 points (-3.04%), the FTSE 100 at 7,548.63 points (-2.58%), the SMI at 10,632.05 points (-1.24%), the AEX at 727.25 points (-2.12%), the BEL 20 at 3,660.00 points (-2.32%), the IBEX 35 at 8,958.90 points (-3.51%), the DJIA at 31,819.14 points (-0.28%), the Nasdaq at 11,188.37 points (+0.45%), the S&P 500 at 3,855.76 points (-0.15%), and the Nikkei at 225 27.222.04 points (-2.19%).

In terms of exchange rates, the change from the close mentions that in New York, EUR/USD is at 1,0704 (-0.28%), EUR/JPY at 143.33 (+0.26%), and USD/JPY at 133.94 (+0.54%).

While Vinci Airports and Vinci Autoroute, subsidiaries of the Vinci dealership and construction group, reveal their traffic figures for February, Bolloré and Mersen are presenting their annual results on Tuesday. The automotive supplier Michelin wants to achieve between 20% and 30% of its turnover in areas other than tire design and manufacturing in 2030. During a review of the group's strategy.

As investors seek to determine whether the turmoil caused by the failure of the US banks Silicon Valley Bank and Signature Bank will change, at least temporarily, the Federal Reserve's (Fed) interest rate hike am& In Africa, European equity index futures were trending lower on Tuesday.

According to data from the IG broker, the CAC 40 futures contract lost 18 points, or 0.3%, around 7:20am. The FTSE 100 contract gave up 20 points, or 0.3%, and the DAX 40 lost 30 points, or 0.2%.

After the failure of Silicon Valley Bank in California and Signature Bank in New York, investors are reevaluating the outlook for US interest rates. Markets now assess the probability that the Fed will leave rates unchanged on March 22 at 27.7% and the probability that it will raise them by 25 basis points at 72.3%, to bring them between 4.75% and 5% according to CME Group's FedWatch tool. After reaching over 70% at the beginning of last week, the probability of a rate hike of 50 basis points is now considered zero. Investors are now waiting for inflation figures in the United States in February, scheduled for 13:30 (Paris time). Since the peak reached last June, the inflation rate across the Atlantic has fallen, but remains stubbornly high.

Because of concerns about the banking sector after a particularly volatile session Wall Street ended without direction and bond rates fell sharply on Monday. While the Nasdaq Composite gained 0.5%, the broader S&P 500 index lost 0.2%. The Dow Jones Index (DJIA), which opened in the red before gaining up to 1.4%, finally finished down 0.3%.

Anticipating a less severe monetary policy in the face of the recent financial sector turmoil, growth stocks benefited from the strong relaxation in market rates. Asian markets are down on Tuesday. The Hang Seng also lost 2.2% at the end of the trading session in Hong Kong and the Shanghai Composite lost 0.5% at the same time.

This morning, the dollar is gaining ground against the euro, amid rising bond market rates that increase the attractiveness of dollar-denominated fixed income assets. According to some analysts, the greenback may also be supported by demand for safe havens. For Alvin T. Tan, head of foreign exchange strategy for Asia at RBC Capital Markets, market nervousness remains high due to uncertainty and concerns about the extent of problems in the US banking sector. The strategist “recommends not betting too much on a fall in the dollar, given its usual role as a safe haven.” For its part, CBA believes that if the consumer price index in the United States exceeds analysts' forecasts, markets could raise their expectations for the next meeting of the Fed's monetary policy committee and provide support to the dollar.”

This morning, crude oil futures declined amid risk aversion. According to ING, the market has not been able to escape the rise of widespread risk aversion after the collapse of Silicon Valley Bank. For Oanda, “operators in the energy sector did not expect that the failure of the sixteenth bank of the United States would trigger a wave of risk aversion such that the price of Brent would fall below $80 per barrel.” ING believes that the fall in oil prices may remain limited, as press reports indicate that China has made significant purchases. The April contract on light sweet crude (WTI) traded on Nymex sold 78 cents at $74.01 per barrel and the May contract on North Sea Brent lost 78 cents to $79.99 per barrel around 7:25am.