In the wake of Wall Street and Asian markets, European equity markets are expected to fall at the opening on Friday. Operators waiting for the speech of the President of the American Federal Reserve (Fed), Jerome Powell, at the annual Central Bankers Symposium in Jackson Hole. Data from the broker IG indicates that the FTSE 100 contract fell 14 points, or 0.2%, and the DAX 40 contract fell by 64.3 points, or 0.4%. For its part, the CAC 40 futures contract lost 25.8 points, or 0.4%,

Today, investors are paying attention to the release, in Germany, of detailed second-quarter gross domestic product (GDP) figures and the IFO business climate index for the month of August. At 16:05 and 21:00, respectively, the speeches that will be given In Jackson Hole the President of the Fed and the President of the European Central Bank (ECB) will be particularly closely watched.

In addition, while bond market rates have risen again and the appreciation of the dollar has also weighed on prices, the New York Stock Exchange experienced its biggest fall in three weeks on Thursday. The three major American indexes finally had their worst session since August 2, after erasing their morning progress. The Dow closed down 1.1% and the broader S&P 500 index fell 1.4%. Far from being supported by the excellent results published the night before by Nvidia (+0.1%), the Nasdaq Composite plunged 1.9%.

In Asia, the main markets fell back on Friday. At the end of the session, the Nikkei index on the Tokyo Stock Exchange fell by 2%. For its part, the Shanghai Composite Index lost 0.7%, and the Hang Seng fell by 1.2% in

This morning, US Treasury bond yields are stable, prior to the Fed Chairman's intervention in Jackson Hole. After the announcement of a drop in unemployment registrations in the United States, which fell to their lowest level in three weeks last week, rates rose on Thursday. Zachary Hill, Head of Portfolio Management at Horizon Investments, said: “As always, investors will be looking at what Jerome Powell and his colleagues say about where central banks could take — including understanding whether interest rates could remain relatively high for an extended period of time, even if inflation continues to

The euro is stable against the dollar but appreciated slightly against the yen, as was the greenback on Friday morning. According to ING, much has already been written about what Jerome Powell will say during the Jackson Hole conference. According to the Bank, the majority opinion is that the Fed Chairman will be cautious about a possible continuation of monetary tightening. ING also believes that Jerome Powell should also stress that the central bank will take into account all economic indicators before committing to raise rates further.

Amid reduced OPEC production, which has led to a sharp drop in global crude inventories over the past month, crude oil futures are up this morning. For ANZ, questions about the offer remain, however, with the Biden government announcing that it has initiated discussions with Venezuela to ease the embargo on the country's crude exports. According to him, Venezuela, which produced 2 million barrels per day before the sanctions came into force, currently produces nearly 750,000 barrels per