European stock markets are expected to change little while waiting for several major economic indicators. The Eurostoxx 50 opened at 4.448.13 points (-1.43%), the CAC 40 at 7,411.86 points (-1.58%), the DAX 40 at 16,538.39 points (-1.38%), the FTSE 100 at 7,682.33 points (-1.43%), the SMI at 11,170.26 points (+0.29%), the AEX at 779.75 points (-1.38%), the FTSE 100 at 7,682.33 points (-1.43%), the SMI at 11,170.26 points (+0.29%), the AEX at 779.75 points (-0.43%), the BEL 20 at 3,685.15 points (-0.89%), the IBEX 35 at 10,053.40 points (-1.26%), the DJIA at 37,430.19 points (-0.76%), the Nasdaq at 14,592.21 points (-0.89%), the Nasdaq at 14,592.21 points (-0.89%), the Nasdaq at 14,592.21 points (-1.18%), the S&P 500 at 4,704.81 points (-0.80%), the Nikkei 225 at 33.28% 8,29 points (-0.53%)

As for exchange rates, the change from the close indicates that in New York, the EUR/USD is at 1.0927 (+0.04%), the EUR/JPY at 157.06 (+0.04%), the EUR/JPY at 157.06 (+0.35%), the USD/JPY at 143.74 (+0.31%).

Today, investors are paying attention to the inflation data in France in December, as well as to the final figures of the PMI services index for the same month. Economists expect inflation to accelerate over one year, to 3.8% against 3.4% in November, due in particular to the end of the shield on energy prices

European equity markets are expected to move little at the opening on Thursday, after falling on Wednesday. Investors expect a series of major economic indicators by the end of the week and the minutes of the last meeting of the last meeting of the US Federal Reserve (Fed) highlighted a high degree of uncertainty about interest rate projections. According to data from the broker IG, the DAX 40 contract was up 11.6 points, or 0.1%, and the FTSE 100 contract was up 11.6 points, or 0.1%. took 9.8 points, or 0.1% as well. The CAC 40 futures contract gained 4.9 points, or 0.1%, around 7:30am.

In a statement in mid-December, the Fed indicated that it did not rule out a further rate hike. But projections published on the same occasion showed that most of its officials were banking on decreases by the end of 2024. According to CME Group's FedWatch tool, which tracks rate futures, nearly two-thirds of investors are currently betting on the Fed starting to cut rates as early as the March meeting.
Investors' attention in the United States will focus on Thursday on the ADP report on employment in the private sector in December, as well as on weekly unemployment benefits claims, pending the publication, on Friday, of the monthly report on wage employment outside the agricultural sector

For its part, Wall Street continued its correction on Wednesday. The Dow Jones Index (DJIA) closed down 0.8% to 37,430.19 points, and the expanded S&P 500 index fell 0.8% to 4,704.81 points. The Nasdaq Composite, rich in technological stocks, fell by 1.2% to 14,592.21 points.

European investors are waiting for the final service sector PMIs for December, as well as inflation figures for the same month in France and Germany in France and Germany, the top two economies in the eurozone. While the main Asian equity markets lost ground on Thursday, in the wake of Wall Street. The Hang Seng on the Hong Kong Stock Exchange fell by 0.4% at the end of the session and the Shanghai Composite lost 0.7%. In Tokyo, the Nikkei index lost 0.5% at the end of its first session in 2024.

After briefly crossing the 4% threshold at the start of the session, the 10-year US Treasury yield ended lower on Wednesday, as the minutes of the December Federal Reserve meeting highlighted the uncertainty about the trajectory of monetary policy in 2024.

This morning, the euro registered a slight increase against the dollar. For Rabobank, however, the greenback could appreciate in the coming one to three months. The market is reevaluating expectations of lower interest rates in the United States this year. According to this bank, in December the Fed reported about three 25-basis-point cuts in interest rates for 2024, but the market is currently expecting around twice as much. However, Rabobank believes that the greenback should end the year in decline due to interest rate cuts and renewed risk appetite

After an attack in Iran that left a hundred people dead during a ceremony organized in memory of a senior military official who disappeared four years ago, oil futures were gaining ground on Thursday. Crude oil prices have won the support of press reports that report the closure of Libya's largest oil field due to the protests

Michael Lynch, president of Strategic Energy & Economic Research believes that the black gold market seems to have “reached some sort of balance, but supply uncertainties are growing - whether it's the weakening of the effects of sanctions against Iran, Russia, and Venezuela, or the possibility that [U.S. President Joe] Biden is trying to strengthen them.” While the February contract on soft light crude (WTI) listed on Nymex rose by 70 cents to 73.40 dollars per barrel, the March contract on North Sea Brent gained 59 cents, to 78.84 dollars per barrel, at 78.84 dollars per barrel,