European stock exchanges are expected to rise before Powell's first hearing before Congress. Eurostoxx 50 opens at 4,893.07 points (-0.40%), the CAC 40 at 7,932.82 points (-0.40%), the CAC 40 at 7,932.82 points (-0.30%), the DAX 40 at 17,698.40 points (-0.10%), the FTSE 100 at 7,646.16 points (+0.08%), the SMI at 11,463.74 points (-0.12%), the AEX at 851.16 points (-0.63%), the BEL 20 at 3,663.60 points (-0.24%), the IBEX 35 at 10,117.10 points (+0.47%), the DJIA at 38,585.19 points (-1.04%), the Nasdaq at 15,939.60 points (-0.24%), the S&P 500 at 5,078.65 points (-1.02%)), and the Nikkei 225 40,090.78 points (-0.02%)

As for exchange rates, the change from the close indicates that in New York, the EUR/USD is at 1.0857 (-0.02%), the EUR/JPY at 162.70 (-0.14%), and the USD/JPY at 149.87 (-0.12%), the EUR/JPY is at 162.70 (-0.14%), and the USD/JPY at 149.87 (-0.12%).

On Tuesday evening, the luxury group Kering announced that it had placed a bond in two instalments on the bond market for a total amount of 1.75 billion euros. Teleperformance, SCOR, Dassault Aviation and CGG publish their

As investors' attention turns to the biannual hearings of Federal Reserve (Fed) Chairman Jerome Powell, which start today before the United States Congress, European equity markets are expected to open slightly higher on Wednesday. At 7:25am, the CAC 40 futures contract gained 6 points, or 0.1%, while the DAX 40 futures contract gained 20 points, or 0.1%. According to data from broker IG, the FTSE 100 contract advanced by 10 points, or 0.1%

Jerome Powell will be heard on Wednesday by members of the House of Representatives Financial Services Committee, then on Thursday by those of the Senate Banking Committee.

Investors will be following the ADP report on private sector employment in the United States in February, as well as the JOLTS report on job vacancies in January. European markets will be watching the presentation of the British budget, which, a few months before the general elections in the United Kingdom, should include tax cuts

Asian markets are trading in scattered order on Wednesday. The Nikkei index ended at breakeven in Tokyo, holding close to the all-time high of 40,109.23 points set on Monday. The Hang Seng Index rose 1.8% at the end of trading in Hong Kong and the Shanghai Composite Index lost 0.1%.

This morning, US Treasury bond yields posted a mixed performance, while the weakness of the February PMI services index in the United States maintains the perspective of a fall in interest rates this summer and the markets await the hearing of the PR & President of the Fed, Jerome Powell, in front of the House of Representatives, which will begin at 16:00 (

The CME Group FedWatch tool indicates that the probability that US interest rates will remain unchanged beyond the July Fed meeting is estimated at only 12%. Attention is focused in particular on the report on wage employment outside the agricultural sector in February, scheduled for Friday.

As calmbists prepare for the Fed Chairman's hearing before Congress, the euro is trading little against the dollar this morning. Maybank analysts say in a currency research and strategy report that Jerome Powell should recognize the progress made so far on the US inflation front, but central bankers are waiting for more evidence of inflation returning to the Fed's target before

According to Shreyas Gopal, a strategist at Deutsche Bank, the announcement of more stimulus measures than expected when the UK's spring budget was presented could push back the likely schedule of Bank of England (BOE) rate cuts and lead to a rise in the British pound.

Oil prices are rising on Wednesday. According to Phillip Securities Research, there is widespread market skepticism about China's ability to reach its growth target of around 5% in 2024. Analysts say the absence of such measures risks weakening demand from the world's largest oil importer. The April contract for soft light crude (WTI) listed on Nymex took 26 cents, at 78.41 dollars per barrel. The May North Sea Brent contract gained 27 cents to $82.31 per barrel at around 7:15