After restrictive remarks by Fed members, European equity markets are expected to fall. The Eurostoxx 50 opens at 4,137.63 points (-0.89%), the CAC 40 at 7,068.16 points (-0.94%), the DAX 40 at 15,247.21 points (-0.91%), the FTSE 100 at 7,510.72 points (-1.28%), the SMI at 10,863.65 points (-0.91%), the AEX at 724.18 points (-0.63%), the BEL 20 at 3,509.67 points (-1.22%), the IBEX 35 at 9,319.00 points (-1.16%), the DJIA at 33,433.35 points (-0.22%), the Nasdaq at 13,307.77 points (+0.67%), the S&P 500 at 4,288.39 points (+0.01%), and the Nikkei 225 at 31.181.1% 05 points (-1.82%

With respect to exchange rates, the change from the close indicates that in New York, EUR/USD is 1.0464 (-0.13%), EUR/JPY is 156.83 (-0.13%), and USD/JPY is 149.88 (+0.01%).

The real estate company specializing in logistics platforms Argan confirmed its outlook for 2023, after reporting double-digit growth in rental income in the third quarter. In addition, Safran has completed the acquisition of Thales's aeronautical electrical systems business, for an amount that has not been disclosed. According to the aeronautical equipment manufacturer, this acquisition follows the exclusive negotiations that were announced in September 2022. Thales's aeronautical electrical systems business employs nearly 600 people and generated sales of 145 million euros in 2022

Wall Street ended in a mixed manner on Monday, penalized by rising bond market rates and the appreciation of the dollar after an agreement was reached in the US Congress to avoid a shutdown of federal governments (“shutdown”). The Nasdaq Composite added 0.7%, the expanded S&P 500 index finished virtually unchanged, and the Dow Jones Index (DJIA) closed down 0.2%. According to Phil Orlando, head of equity market strategy at Federated Hermes, trading will remain volatile until the November Fed meeting

The Nikkei Index lost 1.5% in Asia at the end of the session in Tokyo and the Hang Seng Index of the Hong Kong Stock Exchange, which was closed on Monday, fell by 3%. The Shanghai Stock Exchange is closed for the Golden Week celebrations in China

U.S. Treasury bond yields gained ground on Monday. Investors are relieved that a “shutdown” has been avoided in the United States. Analysts warn, however, that the fiscal respite obtained may be temporary. According to Libby Cantrill, executive director and head of American public policy at Pimco, Congress has passed a 45-day funding bill, but it has yet to pass the necessary laws to fund administrations beyond November 17, while finding common ground on funding Ukraine and migration policy.

This morning, the euro fell against the dollar. The single currency hit the 1.05 dollar threshold overnight and was trading at 1.0462 dollars at 7:35am. RBC Capital Markets believes that the “inexorable” rise in bond yields is destabilizing markets and supporting the dollar. According to Charu Chanana, a strategist at Saxo, the greenback is expected to continue to appreciate in the fourth quarter and not replicate the downturn seen in the last quarter of last year. According to the strategist, among the factors supporting the dollar are expectations of high interest rates for an extended period in the United States, the surge in oil prices that make further rate hikes possible, and signs of the resilience of the American economy, especially compared to Europe. The yen was stable on Tuesday morning against the dollar, while the euro lost 0.1%

This morning, oil futures are retreating. Rising US bond yields and the appreciation of the dollar are dominating trade. According to ANZ analysts, while the supply situation remains tight, high interest rates mean that storing reserves is expensive. They add that this could lead to a new phase of de-stocking oil reserves while increasing availability on the spot market

In addition, they believe that a major pipeline between Iraq and Turkey seems ready to restart this week, which could lead to additional oil flows and ease global supply tensions. Around 7:25 a.m., the November contract for sweet light crude (WTI) listed on Nymex lost 75 cents to $88.07 per barrel and the December contract for North Sea Brent lost 95 cents to