European stock exchanges are expected to open slightly higher on Friday, although some investors realize that the level of American tariffs will remain high despite the pause on so-called “reciprocal” tariffs.

The cement manufacturer Vicat is holding its general meeting this Friday.

The car manufacturer Stellantis announced on Friday a 9% drop in its factory invoices in the first quarter of 2025 over one year.

The concert led by businessman Patrick Molis strengthens Rubis's capital. He now owns 9.37% of the shares and 9.18% of the voting rights of the specialist in the distribution of petroleum products and solar energy

Moody's agency is due to decide on the French debt rating on Friday. It had already been lowered from “Aa2" (with a negative outlook) to “Aa3" (with a stable outlook) last December.
On Thursday evening, the financial assessment agency Fitch Ratings raised the long-term emitter defect rating of the manufacturer of seamless tubes Vallourec from “BB+” to “BBB-”. The outlook for this rating is “stable.”
At around 7:45am, the CAC 40 futures contract rose by 0.8%, according to data from broker IG.

This Friday, equity futures suggest a slightly higher opening in Europe. Market enthusiasm on Wall Street over President Donald Trump's tariff pause has given way to fears of an escalation in the trade war between the world's two largest economies. According to data from broker IG, around 7:45am, the DAX 40 futures contract in Frankfurt gained 1%, while the FTSE 100 futures contract in London grew by 0.8%. The White House said on Thursday that the tariffs imposed on China by Donald Trump during his second term were 145%, not 125% as it had previously indicated.
The upturn was short lived on the New York Stock Exchange. Wednesday's rebound was followed by a new drop on Thursday after a worsening of the trade conflict between China and the United States. The Dow Jones index fell 2.5% to 39,593.66 points, and the S&P500 fell 3.5% to 5,268.05 points. The Nasdaq Composite fell 4.3% to 16,387.31 points

In Asia, the Nikkei index on the Tokyo Stock Exchange lost 3.6% on Friday at the end of trading. The Shanghai Composite Index gained 0.5%, while the Hang Seng on the Hong Kong Stock Exchange rose by 1.7%

On the American corporate side, financial giants BlackRock, JPMorgan and Wells Fargo are publishing their first-quarter results this Friday before Wall Street opens.

Treasury Secretary Scott Bessent said he saw nothing unusual in the markets, following a benign report on the American Consumer Price Index (CPI) showing a drop in core inflation, said that he saw nothing unusual in the markets, thus ignoring an increase in returns at 30 and 10 years.

Around 7:45 a.m., the two-year US Treasury bond yield fell 3 basis points to 3.86%. That of the 10-year stock rose 2 basis points (0.02 percentage points), to 4.46%

In a context of continuing concerns about the Trump administration's tariff policies, safe havens, including the Swiss franc, have strengthened.

Around 7:45am, the euro gained 0.7% to $1.1277. The greenback lost 0.7% against the Japanese currency, to 143.72 yen.

The May contract for soft light crude (WTI) listed on Nymex was 35 cents, or 0.6%, at $60.42 per barrel. At around 7:45am, the June contract for North Sea Brent traded in London rose by 36 cents, or 0.6%, to 63.69