Les marchés d' actions européens attendus en hausse before monetary decisions. The EuroStoxx 50 opens at 4,885.45 points (-0.61%), the CAC 40 at 7,570.20 points (-0.77%), the DAX 40 at 18,067.91 points (-0.77%), the DAX 40 at 18,067.91 points (-0.35%), the FTSE 100 at 8,205.11 points (+0.17%), the SMI at 12,205.11 points (+0.17%), the SMI at 12,067.91 points (-0.35%) 060.24 points (+0.11%), the AEX at 924.78 points (-0.37%), the BEL 20 at 3,861.38 points (-0.10%), the IBEX 35 at 11,056.40 points (-0.10%), the DJIA at 38,834.86 points (-0.10%), the DJIA at 38,834.86 points (+0.15%) (closing of June 18), the Nasdaq at 17,862.23 points (+0.03%) (close on June 18), the S&P 500 at 5,487.03 points (+0.25%) (close on June 18), the Nikkei 225 at 38,596.18 points (+0.07%)

As for exchange rates, the change from the close indicates that in New York, the EUR/USD is at 1.0743 (-0.03%), the EUR/JPY at 169.86 (-0.03%), the EUR/JPY at 169.86 (-0.01%), and the USD/JPY at 158.12 (+0.01%).

Due to a sharper than expected deterioration of the lighter market in the United States, the manufacturer of stationery, lighters and razors Bic lowered its objective of growing its business in 2024 on Wednesday evening. The group is now counting on revenue growth this year “low to single digits, at constant exchange rates excluding Argentina”, whereas it previously expected an increase of between 5% and 7%.
Alstom is holding its annual general meeting on Thursday, like Alten and Bureau Veritas. The railway equipment manufacturer Alstom has announced that it has signed a 323 million euros contract with the Italian group Polo Logistica FS for the supply of 70 Traxx Universal locomotives with

The Danone Investor Day is also on the agenda.

Before the announcement of the monetary policy decision of several central banks in Europe, European equity markets are expected to open higher on Thursday. According to data from broker IG, the CAC 40 futures contract gained 28.3 points, or 0.4%, around 7:30. The one on the DAX 40 gained 56.7 points, or 0.3%, and the one on the FTSE 100 took 22.7 points, or 0.3% as well.
The Swiss National Bank, which in March was the first central bank on the Old Continent to reduce its key rates, is also meeting on Thursday. Norway's central bank, Norges Bank, will also announce its interest rate decision on Thursday. Investors mostly expect it to maintain its key rate at 4.5% and reaffirm that rates will remain the same for some time due to high inflation and a strong economy.
In addition, Asian equity markets are falling, after the decision of the People's Bank of China (PBOC) to keep its credit rates unchanged. The Nikkei index on the Tokyo Stock Exchange gained 0.1% at the end of the session, the Shanghai Composite fell by 0.3%, and the Hang Seng on the Hong Kong Stock Exchange fell by 0.3% and the Hang Seng on the Hong Kong Stock Exchange lost 0.5%. The markets will monitor the publication in the United States of statistics on unemployment benefits claims, housing starts and oil stocks on Thursday

The PBOC left its benchmark borrowing rates unchanged on Thursday, a decision in line with market expectations despite the central bank maintaining the status quo on its policy rates this month.

This morning, US Treasury bond yields are rising. The market remained closed on Wednesday for a public holiday. For Capital Economics, political uncertainty in France should keep a floor under the yield spreads, or spreads, of short-term government bonds, not only in France but also in other fragile eurozone countries. Capital Economics believes that spreads could narrow in Greece, Portugal and Spain, given improved fiscal momentum in these countries. Around 7:20 a.m., the 10-year US Treasury bond rate gained 3 basis points, to 4.255%. The yield on the two-year stock rose by 2 basis points to 4.746%.

The euro was stable this morning against the dollar and the yen. The greenback is also unchanged compared to the Japanese currency. Maybank said that no major economic indicators have been released. According to the bank, however, two factors continue to support Dollar, namely the wait-and-see attitude of the Federal Reserve, which wants to be reassured about the slowdown in inflation before reducing rates, and the fact that the euro could remain under pressure due to the uncertainty associated with the legislative elections in France

Due to diverging signals, oil futures present a mixed picture this morning. EA Trading indicated that growing geopolitical tensions in Europe and the Middle East may continue to support prices due to the risks of disrupting global supply chains. For EA Trading, however, prices could be tempered by recent cautious statements from the Fed on inflation rates and trends. At 6:55am, the August contract for North Sea Brent gained 5 cents, to $85.12 per barrel, while the contract for light sweet crude (WTI) listed on Nymex lost 19 cents, to