European stock exchanges are expected to open close to The balance on Thursday, pending the ECB's decision on its rates and CPI inflation data in the United States for August.

The engineering group for the oil industry Technip Energies announced on Thursday that it had reached a definitive agreement for the acquisition of the advanced materials and catalysts businesses of the American company Ecovyst, for an amount of 556 million dollars, i.e. around 475 million euros.

The pharmaceutical group Sanofi announced on Thursday that the Food and Drug Administration (FDA), the American health authority, had granted an accelerated procedure (“Fast Track Designation”) to SAR402663 for the treatment of age-related macular degeneration neovascular.

Around 7:45am, the CAC 40 futures contract grew by 0.1%, according to IG broker data.

Before the decision of the European Central Bank (ECB) on rates and the publication of CPI inflation data at United States, futures contracts on European equity markets have no A clear trend on Thursday morning.

The rise in Oracle shares allowed the S&P 500 to reach a new record on Wednesday, while Apple's decline has led the Dow Jones Industrial Average in its wake.
At around 7:45am, the DAX 40 futures contract in Frankfurt was stable, while That the one on the FTSE 100 in London took 0.2%, according to data from the broker FIG.
The ECB should most likely keep its deposit rate at 2.00%. La dynamics of inflation, trade policy developments and However, geopolitical tensions could tip the balance towards lower longer-term interest rates.
At the same time, a higher-than-expected US inflation report could cause investors to revise their expectations about the scale of the Fed's rate cut after September.
The New York Stock Exchange closed in scattered order on Wednesday but the S&P 500 and the Nasdaq hit new records after the announcement of a fall unexpected producer prices in August, which reinforces the hopes of monetary relief. The Jones index lost 0.5% to 45,490,92 points, deviating from its new high set the day before. On the other hand, the S&P 500 took 0.3%, to 6,532.04 points, and Nasdaq jumped 0.03%, to 21,886.06 points, allowing both indexes to reach new highs for Dow the second consecutive session.
In Asia, the Nikkei index on the Tokyo Stock Exchange was up 1% on Thursday in end of session. The Shanghai Composite Index also gained 1%, while the Hang Seng on the Hong Kong Stock Exchange fell 0.3%.
On the side of American companies, Adobe will publish the results of the third quarter (at the end of August) of its fiscal year delayed after the close of Wall Street.

This morning, Treasury bond yields were flat. Attention is focuses on the consumer price index report for the month of August, expected on Thursday. According to Brij Khurana, a portfolio manager fixed income at Wellington Management, “which disrupts this scenario, that's if inflation starts to rise again.”

Around 7:45 a.m., the Treasury bond rate American at ten years was stable, at 4.06%. The two-year security rate was also stable, at 3.55%.

Monex Europe analysts indicate that The euro could rise if the ECB indicates that its rate cut cycle of interest ended at its meeting on Thursday.

“We expect the deposit rate be maintained at 2%, and we estimate that there is a good chance that the President [of the ECB, editor's note] Christine Lagarde officially declares the victory over inflation and signals the end of this easing cycle, echoing his remarks of September 1,” analysts estimated.

According to analysts, this would allow the euro to increase against the dollar, especially with a view to a recovery in Fed rate cuts at the September 17 meeting.
At around 7:45am, the euro was virtually unchanged, at 1.1697 dollars. The greenback was also balanced against the Japanese currency, at 147.49 yen.

This morning, oil fell slightly but could remain supported by rising geopolitical tensions after Russian drones entered Polish airspace on the night of Tuesday at Wednesday.

According to analysts at ANZ Research, this maneuver has raises fears that the United States will retaliate with new restrictions on Russian energy supplies. US President Donald Trump said he was ready to impose new tariffs on India and China, the main importers of Russian crude, to bring Moscow to negotiating with Ukraine.

Around 7:45 a.m., the November Brent contract of North Sea listed in London lost 24 cents, or 0.4%, to $67.25 per cent barrel. The October contract for soft light crude (WTI) listed on Nymex fell by 24 cents, or 0.4%, to $63.43 per barrel.