In a market that is still volatile, European stock exchanges should try to rise again. The Eurostoxx 50 opens at 3,342.17 points (+0.72%), the CAC 40 at 5,794.15 points (+0.55%), the DAX 40 at 12,209.48 points (+0.79%), the FTSE 100 at 6,908.76 points (+0.22%), the SMI at 10,290.71 points (+0.23%), the AEX at 645.80 points (+0.22%), the SMI at 10,290.71 points (+0.23%), the AEX at 645.80 points (+0.22%), the SMI at 10,290.71 points (+0.23%), the AEX at 645.80 points (+0.22%) 0.81%), the BEL 20 at 3,374.94 points (+0.14%), the IBEX 35 at 7,462.00 points (+1.29%), the DJIA at 29,490.89 points (+2.66%), the Nasdaq at 10,815.43 points (+2.27%), the S&P 500 at 3,678.43 points (+2.59%) and the Nikkei 225 at 26,953.43 points 24 points (+2.81%).

As for exchange rates, the change from the close mentions that in New York, EUR/USD is at 0.9833 (+0.08%), EUR/JPY at 141.86 (-0.05%) and USD/JPY at 142.37 (+0.25%).

Next. After the failure of the proposed merger between M6 and its competitor TF1, RTL Group, a subsidiary of the German media group Bertelsmann, finally decided to maintain its 48.3% stake in the French audiovisual group M6, which it planned to sell. According to RTL Group, it has received several “financially attractive” offers, but considers the legal risks and uncertainties associated with a sale “too high”, due to the required approval processes and the upcoming renewal date of the license for the main channel M6.

Furthermore, after reports from The Expansion Letter indicate that it “would have constituted a significant line of Atos shares taking advantage of the very low prices reached in recent days”, Daniel Kretinsky, a Czech billionaire businessman, denied any possible investment in the services company Numé Atos risks. “Neither the EPH group nor any other company linked to Daniel Kretinsky bought a single share in the Atos group. So this allegation is simply false,” he said.

As part of the gains recorded by the American and Asian stock exchanges overnight, European equity markets are expected to continue rising on Tuesday, October 4, 2022 at the opening of Tuesday, October 4, 2022.

According to data from the IG Markets broker, the CAC 40 futures contract increased by 77 points, or 1.3% at 7:35am. The FTSE 100 contract gained 48 points, or 0.7%, and the DAX 40 contract gained 180 points, or 1.5%. At the end of the session, the Nikkei index gained 2.8% on the Tokyo Stock Exchange and the Kospi increased 2.4% in Seoul. Financial markets are closed in China and Hong Kong.

After a difficult September marked by recession fears linked to monetary tightening by the Federal Reserve (Fed), Wall Street finished in the green, starting the fourth quarter on a positive note on Monday, October 3, 2022. After its fall last Friday 30, and for the whole month of September, the Dow Jones Index (DJIA) gained 2.7%, achieving a technical rebound thanks to cheap purchases. The Nasdaq Composite rose 2.3%, the expanded S&P 500 index rose 2.6%.

On Monday, October 03, 2022, U.S. equity markets seem to have benefited from the principle that “bad news is good news” that sometimes supports stocks. In recent weeks, Washington has already imposed new restrictions on American exports of chips used for artificial intelligence calculations and on the machines used to make some of the most powerful chips on the market. The central banker warned that it would take time for inflation to return to the Fed's 2% target and the tightening of monetary policy has begun to cool demand and reduce tensions.

On Tuesday, October 04, 2022, bond yields continued to fall. They had already fallen sharply the day before after the withdrawal of the British government's tax cut project and the publication of statistics showing a slowdown in manufacturing activity in the United States.

The euro rose slightly against the dollar. According to RBC Capital Markets, the latter has lost some ground in recent days as US Treasury bond yields have declined and risk appetite has improved somewhat. However, given the publication of the report on non-agricultural employment in the United States on Friday, September 30, caution should continue to prevail in the short term.

On Tuesday, October 4, 2022, oil futures advanced, bringing the prospect of a reduction in OPEC+ production following the meeting scheduled for the following day. According to Edward Moya of Oanda, expectations are high, with many investors anticipating the biggest drop in production quotas since the start of the health crisis. For him, OPEC+ will meet in person for the first time since 2020, which means it should hit hard and announce a drop in production of more than one million barrels per day. The November contract on light sweet crude (WTI) traded on Nymex rose 20 cents to $83.81 per barrel, while the December contract on North Sea Brent rose 35 cents to $89.21 per barrel.