As investors review a series of corporate publications and remain attentive to the evolution of trade relationships between the United States and its main partners, European stock exchanges are expected to open lower on Wednesday.

The motorhome manufacturer Trigano published lower results for the first six months of its 2024-2025 fiscal year and indicated that it expects a level of production “more in line with its capacities” in the coming months.
The general meetings of Carmila, Crédit Agricole SA, Getlink, Clariane, Coface, JCDecaux and ADP are on the agenda today.
On Wednesday, the diversified group Bouygues confirmed that it expected a slight increase in its turnover and operating income from activities (ROCA) in 2025, while its results improved in the

The boat manufacturer Bénéteau said Tuesday evening that it expected to be in the red in the first half of the year due to the sharp contraction in its sales and the uncertainties associated with American customs duties.
After the close of the market, Euronext will present its results for the first quarter, while Ubisoft will reveal its annual results.
For its part, the railway equipment manufacturer Alstom has revealed results in line with its expectations for the financial year ended on 31 March and announced that it expects a further increase in its profitability for the current financial year.
Atos and Unibail-Rodamco Westfield are holding an Investor Day on Wednesday.
At around 7:40am, the CAC 40 futures contract was stable, according to data from

In political news, the President of the Republic, Emmanuel Macron, announced on Tuesday evening on TF1 that referendums could be organized in the coming months, excluding however that they relate to pensions or immigration.
Emmanuel Macron explained “not to forbid anything” in terms of referendums, “whenever we are too slow or blocked by the political situation”. A consultation of the French on public finances is one of the possibilities mentioned by the president. However, he added that he was waiting for “the plan” of the Prime Minister, François Bayrou, who proposed such a referendum.
In addition, Emmanuel Macron ruled out the nationalization of ArcelorMittal, which announced a social plan in France. However, the president said that the steel group's sites in Dunkerque and Fos-sur-Mer would be “saved”.

After two sessions of growth thanks to the easing of trade between the United States and China and the publication of good economic indicators, European equity markets are expected to give way when they open up. At around 7:40am, the DAX 40 futures contract in Frankfurt fell by 0.1%, while the FTSE 100 in London lost 0.3%, according to data from

Despite the announcement of unsurprising inflation in the United States and the continued rebound in technology stocks caused by the Sino-American trade truce, the New York Stock Exchange ended in scattered order on Tuesday.

The S&P 500 finished with a gain of 0.7%, at 5,886.55 points, returning to balance compared to the start of the year. For its part, the Nasdaq Composite, rich in technological stocks, rose 1.6% to 19,010.08 points. On the other hand, the Dow Jones index fell by 0.6% to 42,140.43 points, penalized by the plunge in UnitedHealth (-17.8%) after the suspension of the health insurer's financial forecasts for the year.
Investors seem to be regaining some confidence in risky assets after already a clear rebound in indices on Tuesday following the announcement of a reduction in tariffs between the United States and China and the opening of trade discussions between the two countries. The Dow Jones index closed above its April 2 level (“Liberation Day”), while the Nasdaq has already recovered more than 20% since its low point on April 8.
The suspension announced on Monday of most of the reciprocal customs duties put in place by Washington and Beijing came into force on Wednesday. For a negotiation period limited to 90 days, American surtaxes on Chinese products are thus reduced from 145% to 30%, while those imposed by Beijing on American products are reduced from 125% to 10%.

According to Paul Christopher, head of global investment strategy at the Wells Fargo Investment Institute, “while markets reacted with excessive fear, they are now likely responding with excessive optimism.”

In Asia, the Nikkei index on the Tokyo Stock Exchange lost 0.3% on Wednesday at the end of trading. The Shanghai Composite Index gained 0.6%, while the Hang Seng Index on the Hong Kong Stock Exchange rose 1.7%.

The two-year stock rate lost 0.6 basis points to 4.01%. At around 7:40am, the 10-year US Treasury bond rate was unchanged at 4.47%.

The greenback lost 0.3% against the Japanese currency, to 146.99 yen. At around 7:40am, the euro was stable at 1.188 dollars.

The June contract for soft light crude (WTI) listed on Nymex fell by 31 cents, or 0.5%, to $63.36 per barrel. While the July one on North Sea Brent traded in London sold 35 cents, or 0.5%, to 66.28 dollars per barrel, around 7:40am