Equity markets expected to rise before the ECB decision. The Eurostoxx 50 at 4,908.71 points (-0.77%), the CAC 40 at 7,492.00 points (-0.40%), the AEX at 892.74 points (-0.74%), the BEL 20 at 4,306.63 points (-0.77%), the CAC 40 at 4,306.63 points (-0.77%), the IBEX 35 at 11,996.70 points (-0.21%), the DJIA at 43,077.70 points (+0.21%), the DJIA at 43,077.70 points (+0.21%), the DJIA at 43,077.70 points (+0.21%) 79%), the Nasdaq at 18,367.08 points (+0.28%), the S&P 500 at 5,842.47 points (+0.47%) and the Nikkei 225 at 38,959.19 points (-0.56%)

As for the exchange rate, the change from the close in New York the EUR/USD at 1.0855 (-0.06%), the EUR/JPY at 162.24 (-0.06%), the EUR/JPY at 162.24 (-0.18%) and the USD/JPY at 149.48 (-0.06%), the EUR/JPY at 162.24 (-0.18%) and the USD/JPY at 149.48 (-0.06%).

The advertising group Publicis raised its organic net income growth forecast for fiscal year 2024 on Thursday, after a strong increase in its business in the third quarter.

The airport operator ADP announced that its traffic grew by 5.5% year on year in September and exceeded the levels observed before the Covid-19 pandemic.

Biotechnology company Valneva announced that it has obtained “fast track” status from the Food and Drug Administration (FDA), the American health authority, for a vaccine against shigellosis.

European equity markets are expected to rise slightly at the start of trading on Thursday, pending the decision of the European Central Bank (ECB) on its interest rates. Around 7:30am, the CAC 40 futures contract gained 9.6 points, or 0.1%, according to data from broker IG. The one on the DAX 40 gained 21.7 points, or 0.1%, and the one on the FTSE 100 gained 27

The ECB is expected to cut interest rates for the second time in a row on Thursday. Its deposit rate would thus be lowered to 3.25%, instead of 3.5% currently. The ECB started cutting rates in June, three months before the Fed, and has already made two cuts of 25 basis points.

Previously, investors will see the second estimate of inflation in the eurozone for the month of September, which will be released at 11 am. In the United States, statistics on unemployment claims, retail sales and industrial production for September are on today's agenda.

Asian equity markets were trading in a mixed manner on Thursday morning. In Tokyo, the Nikkei index lost 0.6% at the end of the session. The Shanghai Composite Index gained 0.1% and the Hang Seng gained 0.9% on the Hong Kong Stock Exchange

US Treasury yields rose slightly on Thursday morning. At 7:20 a.m., the 10-year loan rate rose by 2.2 basis points, to 4.040%. That of the two-year stock rose by 1.3 basis points to 3.963%

Bonds from major European economies seem more attractive than those from the US Treasury, believes Kevin Thozet, a member of the Carmignac Investment Committee.

The euro fell against the dollar and yen on Thursday morning. The greenback is also losing ground against the Japanese currency. The ECB meeting should have little effect on the euro if it results in a reduction of 25 basis points in interest rates as expected, according to ING

The market expects rates to be cut at each of the four upcoming meetings, but the ECB may be hesitant to provide guidance on its next decisions as inflation is expected to increase over the rest of the year, geopolitical risks could affect energy prices and the outlook for the future. economic concerns are growing, add analysts at ING.

Oil prices rose on Thursday morning, in a context of renewed geopolitical tensions in the Middle East. Israeli airstrikes hit municipal buildings in southern Lebanon, killing the city's mayor and at least 15 others. At 7:15am, the December Brent contract listed in London took 25 cents, at 74.47 dollars per barrel. The November contract for soft light crude (WTI) listed on Nymex rose by 27 cents to $70.66