European equity markets are expected to rise slightly this Wednesday, August 21, 2024. Thus, the Eurostoxx 50 opens at 4,857.58 points (-0.28%), the CAC 40 at 7,485.73 points (-0.22%), the DAX 40 at 18,357.52 points (-0.35%), the FTSE 100 at 8,273.32 points (-0.28%), the FTSE 100 at 8,273.32 points (-1.00%), the SMI at 12,266.56 points (-0.07%), the AEX at 903.04 points (-0.64%), the BEL 20 at 4,068.22 points (-0.40%), the IBEX 35 at 11,087.80 points (-0.13%), the DJIA at 40,834.97 points (-0.15%), the Nasdaq at 17,816.22 points (-0.15%), the Nasdaq at 17,816.94 points (-0.40%), the S&P 500 at 5,597.12 points (-0.20%) and the Nikkei 225 at 37. 952.70 points (-0.29%)

As for the exchange rates at 06:50, the change from the close in New York indicates that the EUR/USD was at 1.1119 (-0.11%), the EUR/JPY at 162.02 (+0.11%), the EUR/JPY at 162.02 (+0.20%) and the USD/JPY at 145.73 (+0.31%).

The car manufacturer Stellantis confirmed on Tuesday that it had postponed its plans to reopen an assembly plant located in Belvidere, in the American state of Illinois.

The airport operator Groupe ADP for its part announced that its traffic grew by 4.7% in July compared to the same month of 2023.

European equity markets are expected to open slightly higher on Wednesday, while Wall Street paused overnight after a week of gains. At 7:30am, the CAC 40 futures contract took 13.9 points, or 0.2%, according to data from broker IG. The one on the DAX 40 gained 29.4 points, or 0.2%, and the one on the FTSE 100 gained 11.1 points, or

Investors will get more information on the Fed's economic outlook with the release of the minutes of the most recent central bank meeting on Wednesday. In Asia, the Nikkei 225 index on the Tokyo Stock Exchange lost 0.3% at the end of the session, the Hang Seng lost 1% in Hong Kong and the Shanghai Composite fell

US Treasury bond yields are not changing much on Wednesday morning. Around 7:20 a.m., the 10-year US Treasury bond rate was almost stable, at 3.813%. That of the stock at two years gained around 1 basis point, to 4.00%

Historical data suggests that rates are likely to react to Friday's speech by Fed Chairman Jerome Powell in Jackson Hole, but their reaction should not exceed 5 basis points, up or down, but their reaction should not exceed 5 basis points, up or down, say economists at Deutsche Bank.

Nonetheless, markets “will be looking for evidence to assess the [monetary policy committee]'s position on the timing, pace, and magnitude of future rate cuts, and any significant signal could cause markets to move significantly.”

According to CME Group data, investors estimate the probability of a 25 basis point drop at the end of the September monetary policy meeting at 67.5%, and a 32.5% probability of a 50 basis point decrease.

The euro gave ground against the dollar but appreciated against the yen on Wednesday morning. The greenback is also rising against the Japanese currency. Some caution may be needed before the Jackson Hole meeting, Maybank analysts say. In the meantime, traders will review the minutes of the latest Fed monetary policy meeting, which will be

Crude oil futures fell slightly on Wednesday morning, driven by concerns about demand and a weakening of the geopolitical risk premium. In July, Chinese crude imports from Russia fell by 7.4% year on year, due to weak domestic fuel demand and a slowdown in economic growth, Li Xing Gan, a strategist at Exness, said in an email. Recent ceasefire negotiations between Israel and Hamas have also alleviated concerns about the offer, although continuing tensions in the Middle East still pose risks, Li Xing Gan said

At 7:20 a.m., the October North Sea Brent contract sold 8 cents, at 77.12 dollars per barrel. That of the same maturity on light sweet crude (WTI) listed on Nymex dropped 11 cents to 73.06 dollars