Les marchés d' actions européens sont attendus en baisse after the Wall Street downturn. The EuroStoxx 50 opens at 4,668.06 points (+2.03%), the CAC 40 at 7,266.01 points (+1.91%), the DAX 40 at 17,615.15 points (+1.9%), the DAX 40 at 17,615.15 points (+1.50%), the FTSE 100 at 8,166.88 points (+1.75%), the SMI at 11.75% 843.18 points (+2.89%), the AEX at 886.08 points (+2.24%), the BEL 20 at 3,994.30 points (+2.73%), the IBEX 35 at 10,599.00 points (+2.01%), the DJIA at 38,763.45 points (-0.60%), the Nasdaq & agrave; 16,195.81 points (-1.05%), the S&P 500 at 5,199.50 points (-0.77%), and the Nikkei 225 at 34,915.17 points (-0.50%

As for exchange rates, the change from the close indicates that in New York, the EUR/USD is at 1.0934 (+0.10%), the EUR/JPY at 159.61 (-0.41%), and the USD/JPY at 145.97 (-0.50%), the EUR/JPY is at 159.61 (-0.41%), and the USD/JPY at 145.97 (-0.50%).

The electronic label specialist VusionGroup (ex-SES-imagotag) has signed a contract to deploy its solutions in the stores of the American brand Ace Hardware. Financial terms of the deal were not disclosed.

In the wake of the Wall Street downturn, European equity markets are expected to open lower on Thursday, with investors remaining on guard after Monday's major selling move. At around 7:20am, the CAC 40 futures contract lost 49.8 points, or 0.7%, according to data from the broker IG. The one on the DAX 40 fell by 107.7 points, or 0.6%, while the one on the FTSE 100 dropped 42.3 points, or 0.5%. While volatility remains high after the resurgence of recession fears in the United States, the New York Stock Exchange closed down on Wednesday after a respite from the previous day, held back by poorly received corporate results. The indices gradually ran out of steam, unable to maintain their gains from the start of the session.
The CEO of JPMorgan, Jamie Dimon, attributed the plunge in the markets on Monday to an “overreaction” by investors to the latest employment figures on Wednesday. According to the leader, the fundamentals of the American economy remain solid and the risk of a recession has not really increased.
Ned Davis Research indicated that “ultimately, markets could feel the effects of Monday's shock for several weeks. However, the fundamentals do not correspond to a mostly bearish market at the moment.” Analysts expect the financial, health, and utilities sectors to post double-digit earnings growth percentages as the quarterly corporate earnings season comes to an end. David Wagner, head of equities and portfolio manager at Aptus Capital Advisors, “the results have been quite robust.”
The main Asian indices show contrasting variations. The Nikkei 225 index on the Tokyo Stock Exchange lost 0.5% at the end of the session. The Hang Seng rose by 0.7% in Hong Kong and the Shanghai Composite rose

This morning, US Treasury bond rates fell. Around 7:20 a.m., the 10-year US Treasury bond rate fell by nearly 5 basis points, to 3.917%. That of the stock at two years lost 1 basis point, to 3.957%. According to Althea Spinozzi, head of interest rate strategy at Saxo, the good performance of supply and demand on the primary corporate bond market in the United States reflects the optimism of investors and suggests that “fears of a recession are undoubtedly exaggerated.” According to the manager, “investment grade bonds have reached their highest volume of issuance since the first half of 2020, and it is also the second largest in the last ten years for the first half of the year.”

This morning, the euro gained some ground against the dollar, but fell sharply against the yen, like the greenback. Maybank analysts indicate that investors remain anxious. For them, the statistics on unemployment claims in the United States, which will appear on Thursday afternoon, could be a factor of volatility, especially if they support the hypothesis of a recession in the United States. Capital.com indicated that the recent appreciation of the euro is due to the prospect of a sharper reduction in interest rates by the Federal Reserve (Fed) than by the European Central Bank (ECB

Maybank analysts also added that with the ECB starting to cut interest rates much earlier than the Fed, markets expect the US central bank to lower interest rates more sharply in the coming months. who are coming. According to Refinitiv data, money markets are currently integrating a 105 basis point cut in rates by the Fed by the end of the year, compared to 64 basis points by the ECB. Demand for the euro could increase if it stays above $1.09 in the coming days

In Asia, crude oil futures are going up this morning. According to the US Department of Energy, crude inventories in the United States fell by 3.7 million barrels during the week ending on August 2. Analysts expected a fall of 700,000 barrels. Citi Research estimates that black gold prices could rise further due to factors such as the escalation of tensions in the Middle East and North Africa, as well as possible climate disruptions related to the hurricane season

At 7:20 a.m., the October North Sea Brent contract gained 15 cents to $78.48 per barrel, while the September contract for light sweet crude listed on Nymex rose by 25 cents to $75.48 per barrel.