This Tuesday, European stock markets should open lower, while investors await statistics on inflation in the eurozone in December as well as several indicators in the United States.

InterParfums announced on Monday evening the departure of Frédéric Garcia-Pelayo, who held the position of international business director for the Montblanc, Coach, Lacoste and Van Cleef & Arpels brands. Frédéric Garcia-Pelayo is replaced by Daphné Benacin, the current regional export director, said the

According to data from broker IG, the CAC 40 futures contract gave up 0.5%, around 7:30.

For its part, the collective catering group Sodexo confirmed on Tuesday its forecasts for the fiscal year that will end at the end of August 2025, after activity in line with its expectations but lower than analysts' forecasts in the first quarter.

As traders prepare for a possible worsening of trade tensions, European equity markets are expected to open lower on Tuesday. Data from broker IG, the DAX 40 futures contract lost 0.4% at around 7:30am, while the FTSE 100 futures contract fell by 0.6%. George Saravelos of Deutsche Bank believes that “markets should expect a lot more volatility in the future.” He notes that “a lot of significant policy changes” are on the horizon.
The New York Stock Exchange ended mostly higher on Monday, thanks to the support of the technology compartment, which continued its good start to the year. However, the Dow Jones Index (DJIA) ran out of steam at the end of the session to close down by less than 0.1%, at 42,706.56 points. In contrast, the expanded S&P 500 index rose 0.6% to 5,975.38 points and the Nasdaq Composite, rich in technology stocks, advanced more sharply, by 1.2%, to 19,864.98 points.
The semiconductor segment supported the technology sector after the strong quarterly results of the Taiwanese electronic subcontracting giant Foxconn, which is taking advantage of the strong demand for artificial intelligence products. Micron soared by more than 10% while Nvidia (+3.4%) set a new historic record before a speech on Monday evening by its CEO, Jensen Huang, for the opening of the highly anticipated Las Vegas Electronics Show

The main Asian equity markets are trading in contrasting ways on Tuesday. The Nikkei index was up 2% at the end of trading on the Tokyo Stock Exchange, while the Hang Seng lost 1.8% on the Hong Kong Stock Exchange. For its part, the Shanghai Composite rose by 0.2%.

Investors turned away from long-term US government bonds on Monday, bringing yields to their highest level in months. The U.S. Department of the Treasury is preparing to allocate $39 billion in 10-year bonds and $22 billion in 30-year bonds on Tuesday and Wednesday, respectively

Around 7:30am Tuesday, the 10-year US Treasury bond yield lost 1.8 basis points (0.018 percentage points), to 4.619%. That of the two-year stock fell by 1.7 basis points to 4.268%

While the market is counting on sustainably high rates of return in the United States, the yen fell against the dollar this morning, which should benefit American interest-rate products. Alvin T. Tan, head of foreign exchange strategy at RBC Capital Markets, believes that “the yen dollar remains very dependent on US government bond rates, which

For the latter, “the 10-year American rate remains above 4.6% and the debt auctions scheduled in the United States [Tuesday and Wednesday] should keep up the pressure on rates.”

Around 7:30, the euro rose by 0.1% to $1.04, while the greenback gained 0.1% to 157.78 yen.

In 2025, oil markets could be supported by the prospect of a smaller surplus. According to Morgan Stanley Research, the market will have a modest surplus this year, much smaller than before the meeting of the Organization of Petroleum Exporting Countries and its allies (OPEC+) in December. For Morgan Stanley, oil demand in 2025 is expected to increase by 1 million barrels per day, while production from OPEC and non-OPEC countries is expected to grow by 300,000 barrels per day and 1.4 million barrels per day, respectively, respectively, which would result in a surplus of 700,000 barrels per day.
At around 7:30am, the March contract for North Sea Brent listed in London was down 5 cents (-0.1%), to 76.25 dollars per barrel. The February contract for light sweet crude (WTI) listed on Nymex sold 11 cents (-0.2%) to $73.45 per barrel