After the publication of statistics the day before indicating a strong increase in GDP in the United States for the third Quarter, European stock exchanges are expected to open close to breakeven Wednesday.

The pharmaceutical group Sanofi announced on Wednesday that it was going to acquire the vaccine manufacturer Dynavax for 2.2 billion dollars.

The band also reported on Wednesday that the Food and Drug Administration (FDA), the American health authority, had issued a letter of complete response to their request for authorization of tolebrutinib for treatment of secondary progressive non-recurrent multiple sclerosis (SepSPNR). “Today's FDA decision represents a change significant and important direction in relation to the feedback that the agency had previously made at Sanofi. We are very disappointed by this action by the FDA.” said the group in a statement.
Around 7:40am, the CAC 40 futures contract lost 0.1%, according to data from IG broker.

The Paris Stock Exchange will be open this Wednesday 24 December but will close at 2 p.m. Markets will then be closed in Europe Thursday and Friday.
After the National Assembly, the Senate adopted definitively on Tuesday at the end In the afternoon a special law that allows the State to be financed temporarily. Les Debates on the finance bill will resume in early January.

After new American data made climb the S&P 500 for a fourth consecutive session the day before, futures contracts on European equity markets foreshadowing a Opening increased slightly on Wednesday. Around 7:40 a.m., the DAX futures contract 40 in Frankfurt was stable, as was the one on the FTSE 100 in London, according to data from the broker IG.

The US GDP report released on Tuesday was indicated that the economy grew at an annual rate of 4.3% during the third quarter, which was its fastest pace in two years. Growth came out considerably above the 3.2% rate expected by economists interviewed by the Wall Street Journal.

Strong growth and falling inflation but High seems to be a good recipe for action, points out Eric Teal, investment director at Comerica Wealth Management. “The economy presents a 'golden loops' scenario,” added Eric Teal.

The New York Stock Exchange ended up sharply Tuesday, bringing the S&P 500 to a new all-time high. The Jones Index has closed with a gain of 0.2%, at 48,442.41 points while the S&P 500 closed reached a new high of 6,909.79 points after an increase of 0.5%. The Nasdaq, rich in technological stocks, also rose by 0.6% to 23,561.84 points.

In Asia, the Nikkei index of the Tokyo Stock Exchange has ended on Wednesday down 0.1%. The Shanghai Composite Index gained 0.5% in At the end of the session, while the Hang Seng on the Hong Kong Stock Exchange was in full swing 0.2%.

The bond market could have moments of volatility at the start of the new year. Strategy experts expect returns to remain in the range overall observed in 2025, except for an economic shock or major geopolitical event.

PIMCO expects the bond yield of 10-year US Treasury remains between 3.75% and 4.75% in 2026. The 10-year yield is important because it influences loan rates, including for real estate loans. It is also closely followed by stock investors.

Tony Crescenzi, executive vice president and manager of portfolio at Pimco, “it will probably be a story in two time, as is the case for much of the economic outlook.” The job market might seem weak at the start of the year, “but Then, a set of factors will start to pull the economy toward the top”.

Around 7:40 a.m., the Treasury bond rate American at ten lost 1 basis point (0.01 percentage point), at 4.16%. The two-year bond yield was stable at 3.54%.

The US dollar weakened in a market with reduced volumes due to the holidays. Camelia Kuhnen, professor of finance at the University of North Carolina at Chapel Hill reported that “although the third-quarter GDP figure indicates that the economy American grew strongly from July to September this year, it There are reasons to be concerned about what the growth rate will be in the future.” For Ryan Sweet, chief economist for the United States at Oxford Economics, the The current situation is an expansion without creating jobs, where the GDP is increasing but where the labor market is collapsing. “It makes the economy vulnerable to shocks, as the labour market is the main bulwark against a recession,” estimates Ryan Sweet.

Around 7:40 a.m., the euro gained 0.1% to $1.1805. The The greenback lost 0.4% against the Japanese currency to 155.67 yen.

Oil prices are expected to remain volatile. According to Konstantinos Chrysikos from Kudotrade, the movements are dominated by geopolitical developments. The latter indicates that the main challenge for Oil price is the discourse on the excess supply of crude in 2026, the December outlook from the International Energy Agency indicating a growth in supply greater than in demand, which would leave a important predictive offer. This could keep the market under a constant pressure, adds Konstantinos Chrysikos.

Around 7:40, the contract of February on North Sea Brent traded in London rose 0.2% to 61.98 dollars per barrel. The February soft light crude (WTI) contract listed at Nymex gained 0.3% to $58.55