European stock markets could open slightly higher before Powell's hearing in Congress. The Eurostoxx 50 opens at 4,343.14 points (-0.44%), the CAC 40 at 7,294.17 points (-0.27%), the DAX 40 at 16,111.32 points (-0.55%), the FTSE 100 at 7,294.17 points (-0.27%), the DAX 40 at 16,111.32 points (-0.55%), the FTSE 100 at 7,294.17 points (-0.27%), the DAX 40 at 16,111.32 points (-0.55%) 9.31 points (-0.25%), the SMI at 11,215.91 points (-0.80%), the AEX at 763.09 points (-0.77%), the BEL 20 at 3,584.67 points (-0.34%), the IBEX 35 at 9,439.80 points (+0.08%), the DJIA at 34.053.87 points (-0.72%), the Nasdaq at 13,667.29 points (-0.16%), the S&P 500 at 4,388.71 points (-0.47%) and the Nikkei 225 at

On the exchange side, the change from the close in New York indicates that EUR/USD opens at 1.0918 (-0.02%), EUR/JPY at 154.72 (+0.18%), and USD/JPY at 141.72 (+0.19%).

The biotechnology company Valneva is convening its shareholders for a general meeting on Wednesday. Call center manager Teleperformance announced Tuesday evening the extension of its partnership with the Microsoft IT group and the launch of TP GenAI, a generative artificial intelligence platform aimed at improving the customer experience. Specifically, Teleperformance has signed a multi-year commitment of $185 million (around 170 million euros) with Microsoft to offer its customers the American group's “cloud” infrastructure solutions, or cloud computing

European stock markets are expected to rise slightly on Wednesday, ahead of Federal Reserve (Fed) Chairman Jerome Powell's hearing before Congress and the release of UK inflation figures. Around 7:25am, the CAC 40 futures contract gained 12 points, or 0.2%, according to data from the IG broker. The DAX 40 contract gained 34 points, or 0.2%, and the FTSE 100 contract advanced 5 points, or

During the first of his two-day hearing before Congress, the Fed Chairman should provide markets with another opportunity to incorporate the prospect of additional interest rate hikes this year. Analysts expect the central banker to reiterate the restrictive message delivered last week at the end of the last meeting of the Fed's monetary policy committee

Waiting for the hearings, Wall Street closed lower on Tuesday, also hampered by new concerns about the health of the Chinese economy. The Dow Jones Index (DJIA) lost 0.7%, the expanded S&P 500 index fell by 0.5%, and the Nasdaq Composite lost 0.2%. In Europe, investors will watch inflation figures in the United Kingdom on Wednesday, released on the eve of a meeting of the Bank of England's monetary policy committee. The German car manufacturer Volkswagen, which is organizing an investor day, will also be followed.

Asian stock markets presented a mixed picture on Wednesday. If the Nikkei index on the Tokyo Stock Exchange gained 0.8% at the end of trading, the Hang Seng dropped 2% in Hong Kong and the Shanghai Composite

U.S. Treasury bond yields fell on Tuesday as traders prepared for Jerome Powell's congressional hearings. The 30-year stock rate fell to its lowest level in about five weeks on Tuesday. The yield gap between two- and ten-year Treasury bills stood at -96.9 basis points on Tuesday, one of its most negative levels of the

The euro fell slightly against the dollar on Wednesday morning, moving around 1.0915. The market seems to be cautious before Jerome Powell's hearing, MUFG Bank points out. While the Fed anticipates cumulative rate hikes of 50 basis points this year and markets expect only 25 basis points, there could be some volatility if Jerome Powell adopts a restrictive tone,

Crude oil futures rose on Tuesday morning, likely due to a technical rebound. Signs of an improving trend for energy products, such as crude oil, have supported purchases of algorithmic or automatic trading systems in recent sessions, Daniel Ghali, commodity strategist at TD Securities, said in

The brokerage continues to anticipate significant shortages in the coming months, which should boost oil prices. Around 7:20am, the August contract on Brent was gaining 36 cents at $76.26 per barrel, and the similar contract on light sweet crude (WTI) listed on Nymex was gaining 40 cents at $71.59