European stock markets are expected to open lower this Friday, while Ukrainian President Volodymyr Zelensky will be in Germany this Friday to meet with the new American administration to discuss a peace plan in Ukraine. The United States is also exploring the possibility of implementing “reciprocal” tariffs.

After registering a jump in its results last year, in the wake of strong demand for civil engine services thanks to the dynamism of air traffic, the engine manufacturer and aeronautical equipment manufacturer Safran raised its financial objectives for 2025 this morning.

The office real estate company Gecina announced on Thursday evening that it expected a further increase in its recurring net income in 2025, after recording an increase in this profitability indicator last year, in a context of rising rents.

Around 7:45am, the CAC 40 futures contract was down by 0.4%, according to data from broker IG.

The stock exchange operator Euronext confirmed its medium-term objectives on Thursday evening after recording results generally in line with expectations in 2024. Over the whole of the past financial year, the group's turnover grew by 10%, to 1.63 billion euros, and net profit increased by 14%, to 585.6 million euros.

As traders digested the news that President Donald Trump ordered federal agencies to explore how to adjust U.S. tariffs to match those of other countries, in other words, “reciprocal” tariffs, contracts to Stock terms were pointing to a lower opening on Friday. However, President Donald Trump's executive order does not immediately impose tariffs

Ray Attrill of the National Australia Bank notes in a note that “tariff ambiguity still reigns.” For him, “the markets are currently taking some comfort from the news that the next round [of tariffs] won't take effect until April.”

The measure could affect countries with low tariffs by taking into account non-tariff barriers, such as taxes on American businesses, government subsidies to businesses in their home country, or regulations that prevent American businesses from making business in foreign countries.

According to data from broker IG, the DAX 40 futures contract lost 0.5%, while the FTSE 100 was stable, around 7:45am.

After the announcements without a specific deadline by President Donald Trump, the New York Stock Exchange closed sharply higher on Thursday.

The Dow Jones Index (DJIA) posted its best session since January 23, rising 0.8% to 44,711.43 points. The expanded S&P 500 index rose 1% to 6,115.07 points, less than four points from its all-time high of 6,118.71 points, also signed on January 23. The Nasdaq Composite, rich in technology stocks, jumped 1.5% to 19,945.64 points.
In Asia, the Shanghai Composite was up by 0.4% at the end of the session, while the Hang Seng rose by 2.8% on the Hong Kong Stock Exchange. The Tokyo Stock Exchange closed down 0.8%.

The 10-year Treasury bond rate was stable at 4.54% at around 7:45am. That of the two-year stock fell by 1 basis point (0.01 percentage point), to 4.31%

The greenback lost 0.2% against the Japanese currency, at 152.52 yen. The euro lost 0.1% against the greenback, at 1.0461 dollars, around

The April contract for North Sea Brent quoted in London rose by 14 cents, or 0.2%, to 75.16 dollars per barrel, around 7:45am. The March contract for light sweet crude (WTI) listed on Nymex rose 6 cents, or 0.1%, to $71.34