European equity markets expected to rise after the US infrastructure deal. The Eurostoxx 50 opens at 4,122.43 points (+1.14%), the CAC 40 at 6,631.15 points (+1.22%), the DAX 30 at 15,589.23 points (+0.86%), the FTSE 100 at 7,109.97 points (+0.51%), the SMI at 11,993.64 points (+0.80%), the AEX at 732.70 points (+0.51%), the SMI at 11,993.64 points (+0.80%), the AEX at 732.70 points (+1.06%), the BEL 20 at 4,149.61 points (+0.90%), the IBEX 35 at 9,074.10 points (+1.34%), the DJIA at 34,196.82 points (+0.95%), the Nasdaq at 14,369.71 points (+0.69%), the S&P 500 at 4,266.49 points (+0.58%), and the Nikkei 225 at 29.076.79 points (

The change from the close in New York indicates that EUR/USD gained 0.07% (1.1939), EUR/JPY gained 0.04% (132.34) while USD/JPY fell 0.03% (110.86).

The air transport group Air France-KLM announced on Friday that it has successfully issued a bond issue in two instalments for a total of 800 million euros. “The net proceeds of this issue will be used to finance the repayment of the company's market debt and gradually part of the state aid awarded in May 2020,” Air France-KLM said

European equity markets are expected to open higher on Friday, in the wake of Wall Street's rise the day before, supported by the announcement by the President of the United States, Joe Biden, of an agreement on a massive infrastructure investment plan. At 7:45am, the CAC 40 futures contract gained 15 points, or 0.2%, according to data from broker IG Markets. The contract on the DAX 30 rose by 39 points, or 0.3%, and the one on the FTSE 100 rose 6.2 points, or 0.1%. The New York Stock Exchange rose on Thursday to reach new all-time highs, buoyed by a slight drop in unemployment registrations in the United States and the prospect of a major infrastructure investment plan. The S&P 500 and Nasdaq Composite Indices both closed at new all-time highs. US President Joe Biden announced on Thursday that he had reached an agreement with a group of Republican and Democratic senators in favor of a plan to invest $1 trillion in infrastructure over the next five years. The plan will still need congressional approval as part of the passage of a broader Biden administration bill. The president of the Federal Reserve (Fed) in New York once again ruled out raising interest rates in the near future on Thursday, while the labor market in the United States has still not recovered to its pre-coronavirus level

In Asia, the main indices are gaining ground on Friday, supported by commodities. At the end of the session, the Nikkei index on the Tokyo Stock Exchange rose by 0.7%, the Shanghai Composite rose 1.1% and the Hang Seng Index advanced by 1.2% in Hong Kong.

The yield on the 10-year U.S. government bond was nearly stable Friday morning, at 1.492%, after a muted session in the United States on Thursday. The president of the Saint Louis Fed, James Bullard, warned that inflation could be higher than Fed officials expected, and that it could accelerate in the fall as the economy continues to reopen after the Covid-19 pandemic. According to the consensus of fund managers carried out by Russell Investments, the Federal Reserve (Fed) may start to reduce its bond purchases in the first quarter of 2022. However, nearly a third of the professionals surveyed (31%) expect “tapering” as early as the fourth quarter of 2021. Around 80% of managers also believe that the central bank will raise its key rates in 2023, compared to a proportion of 36% in the study carried out in the first quarter. The Fed could then raise rates two to four times a year, depending on the consensus.

The euro gained some ground on Friday morning against the dollar and the yen, while the greenback fell slightly against the Japanese currency. The pound sterling is almost stable against the dollar and the euro. The pound, which is currently trading at 1.3920 dollars, will have difficulty crossing the threshold of 1.41 dollars, penalized by the prospect of an irregular recovery in the British economy and by the uncertainties associated with the rebound in coronavirus infections in the United Kingdom, indicates Ned Rumpletin, currency strategist at

Oil contracts were stable Friday morning, as investors analyze signs of strengthening demand while monitoring the possible response of the Organization of the Petroleum Exporting Countries (OPEC) and its allies to the recent rise in crude prices. At 7:30am, the August North Sea Brent contract was stable at $75.56 per barrel, and the contract with the same maturity on Nymex-traded soft light crude (WTI) was also unchanged at $73.30 per barrel. At 7:35 a.m., the August North Sea Brent contract sold 35 cents, at $72.17 per barrel, while the contract with the same maturity on soft light crude (WTI) traded on Nymex lost 31 cents, at