The increase from 25% to 50% of customs duties on steel and aluminum exported to the United States from Europe has remained without effect on the market. European stock markets are expected to rise slightly on Wednesday

The final PMI for services in May for France will be revealed this Wednesday morning.

The manufacturer of eyeglasses and prescription lenses EssilorLuxottica announced Tuesday evening that it had placed 1 billion euros in bonds due 2030, with a coupon of 2.625%. The transaction, which will be used to finance the general needs of the group, was oversubscribed more than 2.5 times, said

Air France-KLM, Robertet and Esso are convening their shareholders for their general meeting on Wednesday.

At around 7:45am, the CAC 40 futures contract was up 0.4%, according to data from broker IG.

Equity market futures rose slightly on Wednesday morning as investor morale was boosted by sharp increases in tech stocks on Wall Street the day before. At around 7:45am, the DAX 40 futures contract in Frankfurt gained 0.4%, while the FTSE 100 in London rose by 0.1%, according to data from broker IG

“It feels like the appetite for risk is back,” said Ryan Detrick, chief market strategist at Carson Group. “The reality is that the economy is still growing and could surprise on the upside, once we've hopefully overcome some of this trade uncertainty.

US President Donald Trump signed the decree on Tuesday evening increasing customs taxes on imports of European steel and aluminum from 25% to 50%. These new customs duties come into force as of this Wednesday, June 4.

The New York Stock Exchange closed higher on Tuesday, with the appetite for tech stocks relegating ongoing uncertainty over the outcome of trade negotiations to the background. The Dow Jones index gained 0.6% to 42,519.64 points, and the S&P 500 gained 0.6% to 5,970.37 points. For its part, the Nasdaq Composite ended up 0.8% to 19,398.96 points. This increase has brought the index back into the green since the start of the year (+0.5%), in the wake of the recovery made by the S&P 500, up 1.5% since January

In Asia, the Nikkei index on the Tokyo Stock Exchange rose by 1% on Wednesday at the end of trading. The Hang Seng Index on the Hong Kong Stock Exchange rose by 0.6%, while the Shanghai Composite rose by 0.4%.

Concerns about U.S. policy and uncertainty over tariffs mean that Treasuries are no longer compensating investors for weak stocks, explains Chris Turner of ING. At around 7:45am on Wednesday, the 10-year US Treasury bond yield fell 1 basis point (0.01 percentage point), to 4.46%. The two-year stock rate was stable at 3.97%

Trade wars remain a risk for the dollar, according to UBS. U.S. trading partners could postpone possible deals with the Trump administration in the hope of getting a better deal. “This increases the risk of tariffs escalating before deals are reached, increasing risks to the dollar. “UBS sees little room for manoeuvre for the Fed to raise rates, which would support the greenback. Instead, she expects the data to reflect the economic damage caused by the tariffs, which would lead markets to anticipate Fed rate cuts. Around 7:45am, the euro lost was stable, at 1.1368 dollars. The greenback gained 0.2% against the Japanese currency, at 144.24

Oil fell slightly on Wednesday morning amid mixed signals. Forest fires in Alberta, Canada, temporarily reduced Canadian oil production, noted Joseph Dahrieh of Tickmill. However, the announcement by OPEC+ of an increase in production of 411,000 barrels per day in July could limit the potential for higher oil prices, Joseph Dahrieh

At around 7:45am, the July contract for North Sea Brent traded in London lost 28 cents, or 0.4%, to $65.35 per barrel. The contract with the same maturity on light sweet crude (WTI) listed on Nymex fell by 30 cents, or 0.5%, to