European stock markets may hesitate ahead of the US inflation figures. The Eurostoxx 50 is at 4,746.35 points (+0.65%), the CAC 40 at 7,689.80 points (+0.55%), the DAX 40 at 17,037.35 points (+0.65%), the FTSE 100 at 7,573.69 points (+0.65%), the FTSE 100 at 7,573.69 points (+0.01%), the SMI at 11,179.30 points (+0.79%), the AEX at 854.88 points (+0.65%), the FTSE 100 at 7,573.69 points (+0.01%), the SMI at 11,179.30 points (+0.79%), the AEX at 854.88 points (+0.65%), the FTSE 100 at 7,573.69 points (+0.65%), the FTSE 100 at 7,573.69 points (+0.01% 0.37%), the BEL 20 at 3,715.85 points (+1.07%), the IBEX 35 at 9,984.70 points (+0.89%), the DJIA at 38,797.38 points (+0.33%), the Nasdaq at 15,942.55 points (+1.07%), the IBEX 35 at 9,984.70 points (+0.89%), the DJIA at 38,797.38 points (+0.33%), the Nasdaq at 15,942.55 points (-0.07%), the Nasdaq at 15,942.55 points (-0.30%), the S&P 500 at 5,021.84 points (-0.09%), the Nikkei 225 at 37,963.97 points (+2.89%)

As for exchange rates, the change from the close indicates that in New York, the EUR/USD is at 1.0767 (-0.06%), the EUR/JPY at 160.98 (+0.06%), and the USD/JPY at 149.52 (+0.06%), and the USD/JPY at 149.52 (+0.06%).

S&P Global Ratings has downgraded Eutelsat's credit rating from “B+” to “B” citing the satellite operator's warning about the results of the current fiscal year. However, the rating agency maintained a stable outlook, judging that Eutelsat will not encounter liquidity problems in the next 12 months.

While waiting for the publication of inflation figures in the United States for January, European equity markets could start Tuesday's session close to balance. According to data from broker IG, the FTSE 100 took 8.3 points, or 0.1%. The DAX 40 contract lost 28 points, or 0.2%, and the CAC 40 futures contract lost 3 points, or 0.04%,

Wall Street finished on Monday in scattered order. The DJIA closed up 0.3% to 38,797.38 points, erasing the record set last Thursday. The expanded S&P 500 index fell 0.1% to 5,021.84 points, and the Nasdaq 100, rich in tech stocks,

Economists expect consumer prices in January to rise by 2.9% over one year in January in the United States. This would be their weakest increase since March 2021, even if inflation would thus remain above the Federal Reserve's (Fed) 2% target. They estimate that core inflation, which excludes volatile food and energy prices, should stand at 3.7% year on year in January, its lowest level since April 2021.
The Nikkei index jumped by 2.9% on Tuesday in Asia, to 37,963.97 points, its highest level since January 1990, the day after a holiday in Japan. Investors continue to hope for growth in corporate profits, supported, among other things, by the weakening yen.
In China and Hong Kong, markets are closed due to the Lunar New Year holidays.

The Monday session of US Treasury bond yields ended without much change. Operators await the publication of the January report on the consumer price index in the United States. According to analysts, the inflation figures in January will provide further evidence of an improvement in the price situation, although some of them are concerned about shipping costs and fuel prices, which are no longer falling. For BofA Securities, “the January consumer price index report should show continued progress in inflation.”

The euro is not changing much this morning against the dollar. According to Abdelhadi Laabi, marketing director at KAMA Capital, the greenback could appreciate if January inflation in the United States exceeds expectations, thus strengthening the Fed in its waiting position on rates. According to him, conversely, lower inflation than expected could lead to a weakening of the American currency.”

This morning, oil futures rose slightly. They move within a narrow range while news from the Middle East is mixed. According to UOB, the drop in crude oil production from Iraq has offset signs of progress towards a diplomatic solution to the conflict between Israel and Hamas, which is limiting price increases

In addition, operators will be paying attention to the monthly oil market reports from the Organization of Petroleum Exporting Countries (OPEC) on Tuesday and from the International Energy Agency (IEA) on Thursday.
At around 7:15am, the March contract for soft light crude (WTI) listed on Nymex took 18 cents, at 77.10 dollars per barrel. While the April one on North Sea Brent gained 12 cents, at 82.12 dollars