Edits actions should open in légè re hausse avant une nouvelle s érie de résultats

The Eurostoxx 50 is à 4.151,40 points -0.75%, the CAC 40 à 6,673.10 points -0.81%, the DAX 40           à 15.474.47 points -0.72%, the FTSE 100 à 7.203,83 points -0.42%, the SMI à 11,968.08 points +0.06%, AEX à 796.74 points -0.46%, the BEL 20 à 4,178.35 points -0.64%, the IBEX 35           à 8.936.00 points -0.68%, the DJIA à 35.258.61 points -0.10%, the Nasdaq à 15,021.81 points +0.84%, the S&P 500 à 4.486.46 points +0.34% and finally the Nikkei 225 à 29.195,22 points +0.58% (price à 7:25).

 Exchange rate à 06h50

Variation compared à la clô ture à New York

 EUR/USD s'échangent à 1.1653 or +0.34%, EUR/JPY à 133.00, up 0.18% and USD/JPY à 114.14, or -0.16%.

Danone, Kering and Vinci publish on Tuesday their turnover of the thirdème quarter, while Korian pr pr ésente sa stratégie en matiè re of responsibility é (CSR).

Monday evening, Virbac a relevé sa pré vision of turnover for 2021, apr ès sales growth of 21% in the thirdème quarter over a year. The group anticipates dénow a 16% increase à 18% of its annual turnover à exchange rate and p érimèto be constant and out of impact of the sale of the Sentinel brand. En données publiées, il pré sees an increase in its activityé of 13% à 15%. Virbac had déjà relevé à three times its outlook for 2021 since the ébut de l'année, whose derniè à mid-September. He then anticipated a growth in his turnover à exchange rate and périmè be constant by 14% à 17%.

Mercialys a confirmé rely on an ré sultat des op érations (FFO) at least stable in 2021, après une activité over nine months still affect ée by the health crisis but with a rent dynamic is amépros gradually improving.

 ACTIONS

Les marchéss of europ actionsé ens should open in l égère hausse on Tuesday, while investors expect a new sé rie de r ésultats d'entreprises des deux côté s of the Atlantic. At 7:30 am, the contract à term on the CAC 40 gained 7 points, or 0.1%, according to the données of the broker IG Markets. The contract on the DAX took 17 points, or 0.1% éalso, and the one on the FTSE 100 grabbed 3 points, or 0.04%. Among the main releases expected in the United States on Tuesday are the quarterly accounts of the streaming platform Netflix, as well as those of consumer goods manufacturers Johnson & Johnson and Procter & Gamble.

Le bon déstart of the ré sults of the third ème quarter in the United States has partly apaisé l'inquié study of investors in recent days. According to données de FactSet, 81% of S&P 500 companies that have déjà publi é their résultats have dé pass é analysts' expectations in matière de bé n éfice par action. "Many of the companies we follow évoke a request trè s strong and we can live with a situation o ù the demand is high and the supply is high<span style="font-size:14.0pt">ématic, because we will end up with ré solve problems ème d'approvisionnement", comments Christopher Harvey, head of stratégie actions at Wells Fargo Securities.

Investors, always in quêtheest of clues on the santé of the éeconomy américaine, will be é also attentive to the figures of housing starts in September. In addition, the secrétaire au Trésor, Janet Yellen, a dé clar é Monday that the debt ceiling agreement adopté by the Congrè s last week ère would <span style="font-size:14.0pt">à the State fé d éral to pay your bills until 3 décembre. In a letter addressedée to the leaders of the Congrès, Janet Yellen emphasizedé that this agreement offered "a temporary reprieve only" and urged é parliamentarians à adopt new measures to ensure that the State can continue à borrow.

Wall Street a terminé in dispers orderé Monday, tiraill ée entre un déopening season goal for ré business results and indicators of écevants in China and the United States, which fuel fears lié to problems èmes d'approvisionnement et à l'accé l éinflationration. The Dow Jones index lost 0.1%, à 35,258.61 points. The index élargi S&P 500 a gagné 0,3%, à 4,486.46 points, and the Nasdaq Composite gained 0.8%, à 15,021.81 points. In Asia, the main places boursières éfwerve in the green on Tuesday. At the end of séance, the Nikkei index of the Tokyo Stock Exchange gained 0.6%, the Shanghai Composite index gained 0.8% and the Hang Seng of the Hong Kong Stock Exchange rose 1.2%.

 OBLIGATIONS

The yields of Trésor amé ricain accuse a l éger decline Tuesday morning, the rise in prices of éenergy continues to fuel fears about inflation à short term and investors positioning themselves for a éventive decrease in Ré serve f édérale (Fed). At 7:30 am, the yield of the title of référence à ten years s' établait à 1,585%, compared to 1,596% on Monday night. The increase in demand for the debt of Trésor américain last weekè re é was "technical and temporary" and inflation is expected to "persist in the near future," JPMorgan believes. épassé their faç we are uncomfortable, but also because it pèse on intérê t r éels, making the policy monécurrenttaire even more accommodative than the nominal rate suggests," the bank adds.

CHANGES

The euro shows a sharp rise against the dollar on Tuesday morning, supported by a revival of appétit for risk. Around 7:30 a.m., the single currency échange à 1.1649 dollar, the highest since the end of September. "The market é a révalué his expectations about Réserve fédé rale et int ègre début totally a relè intérêt by à November 2022. Néanmoins, some bullish risks for the dollar à the short term are always pré sents, especially compared to countries à low yield," says JPMorgan. L'accélération de l'inflation cré e "a dynamic favorable to the dollar, as in t émoigne la performance du yen la semaine dernière, which can é also apply à the euro", points out the bank américaine.

PETROLE

Les contrats pétroliers é voluent in l égère hausse Tuesday morning aprè s to have finished é in dispersed orderé the day before. North Sea Brent ended lower on Monday for the firstère times in three séances, while brut lé ger doux (WTI) coté at Nymex has noticeably é carté at the end of séance of multi-year high points reached pré c édemment. At 7:20 a.m., déCembre on North Sea Brent earned 21 cents, à $84.54 a barrel. The November contract on the brut léger doux (WTI) coté at Nymex took 31 cents, à $82.75 a barrel. The marketé pétrolier will probably ê tre confronté à a volatilité increased due to the peaks reached r écemment, prébec Phil Flynn, analyst of marché at The Price Futures Group. However, "from the point of view of supply and demand, the actualité is favorable," he adds. Parallèlement, natural gas prices have droppedé de prè s by 8% on Monday, the last ères prévisions mé t éorological that helped to allay fears about the supply of éwinter energy.

According to Morgans, the cycle pétrolier actuel is far from ê tre termin é. Demand is back strong, while supply remains stable, mainly due to pressures in style="font-size:"font-size:14.0pt">ère de responsabilité Governance (ESG).