With the stock markets suspended in the American election, Trump is getting closer to victory. The Eurostoxx 50 opened at 4,870.33 points (+0.38%), the CAC 40 at 7,407.15 points (+0.48%), the DAX 40 at 19,256.27 points (+0.57%), the FTSE 100 at 8,172.39 points (+0.38%), the FTSE 100 at 8172.39 points (-0.38%), the SMI at 11,866.01 points (-0.26%), the AEX at 882.76 points (-0.57%), the FTSE 100 at 8172.39 points (-0.38%), the FTSE 100 at 8172.39 points (-0.38%), the SMI at 11,866.01 points (-0.26%), the AEX at 882.76 points (-0.57%), the FTSE 100 at 8172.39 points (-0.38%), the FTSE 100 at 8172.39 +0.37%), the BEL 20 at 4,267.16 points (+0.71%), the IBEX 35 at 11,839.20 points (+0.29%), the DJIA at 42,221.88 points (+1.02%), the Nasdaq at 18,439.17 points (+0.71%), the Nasdaq at 18,439.17 points (+1.43%), the S&P 500 at 5,782.76 points (+1.23%), and the Nikkei 225 at 39. 416.28 points (+2.41%

As far as exchange rates are concerned, the change from the close indicates that in New York, the EUR/USD at 1.0769 (-1.49%), the EUR/JPY at 165.50 (-0.15%), the USD/JPY at 153.69 (-1.49%), the EUR/JPY at 165.50 (-0.15%), the USD/JPY at 153.69 (+1.36%).

The service sector PMI index for the month of October will be released at 9:50am.

On the business side, after recording mixed results in the third quarter, petroleum products distributor Rubis lowered its financial objectives for 2024 this evening. Crédit Agricole SA, Arkema and Solvay published their third-quarter results on Wednesday, while Eurazeo, Teleperformance and Bénéteau presented their turnover for the same period. The renewable energy producer Neoen confirmed its objectives for 2024 and 2025, after recording an increase in turnover in the third quarter over one year

As investors closely follow the results of a close presidential election in the United States, futures on American equity indices rose on Wednesday. At the dawn of the presidential election this morning, Donald Trump was declared the winner against Kamala Harris in North Carolina and Georgia, two key states. The latest count estimates that Donald Trump would have already secured 246 electors, compared to 187 in Kamala Harris, against 187 in Kamala Harris, out of the 270 needed to win the

Around 7:15am, the Dow Jones Index Futures (DJIA) contract gained 1.3%, at 42,927 points, while the one on the expanded S&P 500 index gained 1.2%, to 5,882 points. At the same time, the contract on the Nasdaq 100, rich in technological stocks, won 1.2%, at 20,588 points.
Futures contracts on European equity markets present a mixed picture. Around 7:15am, the one on the CAC 40 lost 15.9 points, or 0.2%, according to data from the broker IG. The DAX 40 contract lost 100.8 points, or 0.5%, and the FTSE 100 contract lost 19.5 points, or 0.2%. Asian equity markets move in a scattered order. The Nikkei gained 2.4% at the end of the session in Tokyo, while the Hang Seng fell by 1.8% and the Shanghai Composite lost 0.4%.
According to Jeff Schulze, head of strategy at Clearbridge, equity markets generally respond positively once uncertainty is resolved, regardless of the outcome of the election. For the latter, the trajectory of the American economy and the impact of interest rate cuts by the Federal Reserve (Fed) are much more important for the long-term evolution of equities.

After the first results of the election, the 10-year Treasury yield reached its highest trading level since July overnight from Tuesday to Wednesday. The major impact of the election on the bond market will likely depend on how the winner's policies affect economic growth and inflation, according to the portfolio manager at Income Research + Management, Scott Pike. According to the latter, this will contribute to determining the evolution of Treasury yields. On Wednesday around 7:20 a.m., the 10-year loan rate gained 14.6 basis points, to 4.435%. That of the two-year stock rose by 9 basis points, to 4.285%

Buoyed by the first results of the American presidential election, which give Donald Trump a comfortable lead, the greenback appreciated sharply this morning against most major currencies. According to MUFG, the foreign exchange market is expected to experience a great deal of volatility in the short term. According to him, as the day goes by and new information is announced, traders will seek to integrate the evolution of the outlook. Around 7:20am, the DXY index, which measures the evolution of the dollar against a basket of currencies, rose by 1.6% to 105.06. At the same time, Bitcoin rose by 8%, reaching 74,715 dollars, an

While investors are watching the results of the presidential election in the United States, oil prices are falling this morning. ANZ believes that if Donald Trump is elected, his policy will probably be neutral for the oil market, or even slightly favorable. According to him, a victory for the Republican candidate would generate more geopolitical risks because of his conflict with China. For ANZ, the Inflation Reduction Act could be watered down and jeopardize growth in renewable energy and electric vehicles. Likewise, ANZ indicates that a slowdown in the rise of new energies and electric vehicles could lead to an increase in oil demand over the long term. At 7:20am, the January contract on North Sea Brent traded in London lost 1.69 dollars, to 73.84 dollars, while the December contract on light sweet crude (WTI) listed on Nymex lost 1.54 dollars, to 70.45