Before a new set of economic indicators, European stock markets are expected to fall. The Eurostoxx 50 opens at 4,483.26 points (+0.68%), the CAC 40 at 7,435.99 points (+0.66%), the DAX 40 at 16,656.44 points (+0.75%), the FTSE 100 at 7,515.38 points (+0.85%), the SMI at 11,001.62 points (+0.34%), the AEX at 776.18 points (+0.27%), the BEL 20 at 3,657.70 points (+0.85%), the IBEX 35 at 10,258.10 points (+0.19%), the DJIA at 36,054.43 points (-0.19%), the Nasdaq at 14,146.71 points (-0.58%), the S&P 500 at 4,549.34 points (-0.39%), and the Nikkei 225 to 32.858.31 points (-1.76%

With regard to exchange rates, the change compared to the close indicates that in New York, the EUR/USD was at 1.0760 (-0.05%), the EUR/JPY at 157.69 (-0.55%), and the USD/JPY at 146.57 (-0.50%).

After the markets close, investors await the quarterly review of the Euronext indices. Ipsen is holding an “investor” day today, while Sanofi is organizing a day dedicated to research and development

In the wake of declines on Wall Street and Asia, European equity markets are expected to open lower on Thursday, while investors expect a range of economic indicators, including eurozone gross domestic product (GDP) figures for the third quarter and unemployment benefit claims in the United States, as well as the overseas employment report on Friday

According to data from the broker IG, the CAC 40 futures contract lost 21 points, or 0.3%, at around 7:30am. The DAX 40 contract lost 64 points, or 0.4%, and the FTSE 100 contract dropped 36 points, or 0.5%.
In China, imports fell 0.6 percent year on year in November, according to data released by the China Customs Administration on Thursday, while economists expected an increase of 3 percent, the same as in October.
In Asia, the main markets were mostly in the red on Thursday. The Nikkei index on the Tokyo Stock Exchange lost 1.8%. The Hang Seng in Hong Kong dropped 1% at the end of the session, while the Shanghai Composite climbed 0.01%.
For its part, Wall Street finished in the red on Wednesday, held back by energy values in the second half of the session. The Dow Jones Index (DJIA) lost 0.2%, the broader S&P 500 ended up down 0.4%, and the Nasdaq Composite, rich in tech stocks, fell 0.6%.

After data emerged showing that private sector companies in the United States created fewer jobs than expected in November, long-term US Treasury bond yields ended Wednesday at their lowest level Since August. In the hope that a slowing labor market and slowing inflation will allow the Federal Reserve (Fed) to start cutting interest rates next year, long-term Treasury bond yields have fallen sharply in recent weeks

CME's FedWatch tool indicates that markets estimated the probability of the Fed leaving interest rates unchanged in the range of 5.25% to 5.5% on December 13 this morning at 97.7%. The chances of the federal federals' rate falling by at least 25 basis points by March were estimated at 57.6%, compared to 20.3% a month ago

The yen appreciated sharply against the other major currencies this morning. He is driven by the hope that the Bank of Japan (BOJ) will finally put an end to its ultra-accommodative monetary policy. The euro is trading little against the dollar. The central bank could gently withdraw its accommodative policy once inflation remains at 2%, even if it were to preserve it for the time being, according to the deputy governor of the BOJ, Ryozo Himino, the deputy governor of the BOJ. The latter states that “the Bank of Japan should carefully monitor wage and price developments, judge the timing of the exit, and design its process.”

After trading lower for the fifth consecutive session the previous day in New York, oil futures recovered this morning. According to Fawad Razaqzada, a market analyst at City Index and FOREX.com , oil seems extremely “oversold” from a technical point of view. Therefore, a recovery should not come as a big surprise.

The January contract for mild crude oil (WTI) listed on Nymex was priced at 31 cents, at $69.70 per barrel, and the February North Sea Brent contract gained 35 cents, at $74.65 per barrel, around 7:20 a.m.