A l' ouverture, l European equity markets should recover. The EuroStoxx 50 opens at 4.571.60 points (-1.45%), the CAC 40 at 7,148.99 points (-1.42%), the DAX 40 at 17.339.00 points (-1.82%), the FTSE 100 at 8.008.23 points (-2.04%), the SMI at 11.543.54%, the SMI at 11.343.54% 25 points (-2.80%), the AEX at 860.44 points (-2.10%), the BEL 20 at 3,888.56 points (-3.15%), the IBEX 35 at 10,423.40 points (-2.34%), the DJIA at 38,703.27 points (-2.60%), the Nasdaq & Agrave; 16,200.08 points (-3.43%), the S&P 500 at 5,186.33 points (-3.00%), and the Nikkei 225 at 33.906.09 points (

As for exchange rates, the change from the close indicates that in New York, the EUR/USD is at 1.0953 (+0.00%), the EUR/JPY at 159.16 (+0.79%), and the USD/JPY at 145.31 (+0.78%), and the USD/JPY at 145.31 (+0.78%).

Credit insurer Coface published higher results for the first half of the year on Monday, despite the drop in its turnover in a “still unfavourable economic environment”. For the first six months of the year, the group's net profit was 142.3 million euros, an increase of 10.4% over one

Airbus announced on Monday evening that it had delivered 77 aircraft to 40 customers and received 59 gross orders in July 2024. During the first seven months of the year, The aeronautics and defense group delivered a total of 400 aircraft to 70 customers.

Buoyed by the rise in futures contracts on the main American indices, European equity markets are expected to gain ground on Tuesday at the start of trading, while several Asian markets are rebounding after their sudden fall the day before. At around 7:30am, the CAC 40 futures contract took 92 points, or 1.3%, according to data from the broker IG. The one on the DAX 40 gained 209 points, or 1.2% as well, while the one on the FTSE 100 rose by 101.6 points, or 1.3%.
Asian equity markets are recovering this morning. The Nikkei 225 index on the Tokyo Stock Exchange rose by 7.8% at the end of the session, after plunging 12.4% on Monday. The Hang Seng gained 0.5% in Hong Kong and the Shanghai Composite gained 0.04%.

Investors expect the US Federal Reserve (Fed) to cut its key rates at its September meeting. According to ING economists, reassuring comments from American central bankers, such as those of Mary Daly, the president of the San Francisco Fed, helped allay market concerns

In the wake of other world markets, also won by fears about the health of the American economy, the New York Stock Exchange closed sharply lower on Monday. The announcement on Monday of a recovery in the ISM services index in July allowed the S&P 500 to somewhat limit its decline compared to the start of the session. The ISM services index stood at 51.4, up from 48.8 in June

Chipmakers Nvidia and Broadcom fell by 6.4% and 1.2%, respectively. Intel, which plunged by more than 26% on Friday after announcing a restructuring plan, lost 6.4% again. Apple lost 4.8%, Amazon 4.1% and Microsoft 3.3%.

This morning, US Treasury bond rates rose on Tuesday morning. Around 7:10 a.m., the 10-year US Treasury bond rate gained 4 basis points, to 3.837%. That of the two-year stock rose by 3 basis points, to 3.965%. According to Althea Spinozzi, head of fixed income strategy at Saxo, the storm in the markets showed that bonds were once again acting as protection against an equity market crash. For the latter, bonds offer better risk remuneration and better protect against falling prices compared to pre-Covid levels

This morning, the euro was stable against the dollar. The single currency and the greenback are recovering against the yen. According to Rabobank, the euro may have difficulty rising against the dollar, as the panic in the markets may ease over the next few sessions. For the bank, “in the short term, the dollar should benefit from a return to calm about future Fed rate cuts and the dispelling of speculations about a cut between meetings

As the risk of disruptions in the supply of black gold increases as tensions in the Middle East intensify, oil futures rose sharply on Tuesday. Some diplomats said that US Secretary of State Antony Blinken warned his G7 counterparts on Sunday that Iran could attack Israel within 24 to 48 hours. ING strategists said that “the situation could lead to short-term volatility in the market, but for the increase to continue, we will likely need to see a real disruption in the rough supply, which has not been the case so far

At 07:15, the October North Sea Brent contract gained 93 cents, at $77.23 per barrel, while the September contract for light sweet crude (WTI) listed on Nymex rose by 1.11 dollars to 74.05 dollars per barrel.