European equity markets are expected to open slightly higher on Tuesday, as China tries to support its economy with another cut in several key rates.

The companies Seb, Société Générale, Bic and Shell are convening their shareholders for their general meeting on Tuesday.

On Monday evening, the energy producer TotalEnergies announced the signing of an agreement to purchase liquefied natural gas (LNG) from the future Ksi Lisims LNG liquefaction plant in Canada, for a period of 20 years, for a period of 20 years, subject to the final investment decision for the project.

Around 7:40 a.m., the CAC 40 futures contract sold 0.4%, according to data from broker IG.

While concerns about the effects of Moody's downgrade of the U.S. rating have subsided, equity futures are up this morning. Around 7:40am, the DAX 40 futures contract in Frankfurt was up by 0.25%, while the FTSE 100 in London rose by 0.4%, according to data from broker IG. Market watchers continue to monitor U.S. customs tax policy as uncertainty persists

J.P. Morgan's CEO, Jamie Dimon, said on Monday that he doesn't think the impact of tariffs has already fully impacted the entire economy. For the latter, the consequences of the trade war are thus underestimated by the markets

As businesses begin to factor in higher procurement costs, he warned that the stock market could fall.

The New York Stock Exchange closed in the green on Monday, however, without being destabilized by the deterioration of the rating given by Moody's to American sovereign debt. Down slightly at the opening, the Dow Jones finally gained 0.3% to 42,792.07 points. The S&P 500 ended up 0.1% to 5,953.60 points, and the Nasdaq Composite, rich in technology stocks, rose very

The Chinese central bank (PBoC) decided on Tuesday to lower two key policy rates to new historic lows: the LPR (for “loan prime rate”, or the preferential rate reserved for the best customers) at one year goes from 3.1% to 3%, while the 5-year LPR goes from 3.6% to 3.5%, in order to stimulate the country's economy.
In Asia, the Nikkei 225 index on the Tokyo Stock Exchange gained 0.3% on Tuesday at the end of trading. The Shanghai Composite Index was up 0.5%, while the Hang Seng on the Hong Kong Stock Exchange rose by 1.3%.

Moody's decision to lower the US government debt rating should not upset the corporate bond market too much. According to Luis Alvarado, a global fixed-income strategist at the Wells Fargo Investment Institute, the downgrade could cause “a bit of a stir,” as long-term Treasuries seem more sensitive to concerns about the deterioration of the U.S. budget.
The two-year security rate was also unchanged at 3.98%. At around 7:40am, the 10-year US Treasury bond rate was almost stable at 4.46%.

While there were signs that the Federal Reserve was in no hurry to cut rates, the dollar stabilized early on Tuesday. According to Carol Kong of the Commonwealth Bank (CBA), “New York Fed President John Williams has signalled that the FOMC [the monetary policy committee of the US central bank, editor's note] may not be ready to lower the federal funds rate before its September meeting.” Around 7:40 a.m., the euro rose by 0.1% to 1.1257 dollars. The greenback lost 0.25% against the Japanese currency, at 144.49 yen.

Oil futures were little changed. Concerns over supply eased after US President Donald Trump spoke with Russian President Vladimir Putin on Monday. Donald Trump announced that Ukraine and Russia would immediately begin talks to end their war. According to analysts, “despite the alleged movement towards peace, the two parties remain very distant and an imminent agreement remains unlikely.”

The June contract for light sweet crude (WTI) listed on Nymex was 2 cents, at $62.71 per barrel. Around 7:40 a.m., the July contract for North Sea Brent traded in London lost 18 cents, or 0.3%, to $65.37