European equity markets expected to rise timidly at the open. The Eurostoxx 50 opens at 4,107.51 points (+0.43%), the CAC 40 at 6,567.43 points (+0.14%), the DAX 30 at 15,690.59 points (+0.88%) ), the FTSE 100 at 7,087.55 points (+0.21%), the SMI at 12,028.45 points (+0.16%), the AEX at 734.19 points (+0.46%), the BEL 20 at 4,158.45 points (+0.10%), IBEX 35 at 8,915.10 points (+0.02%), DJIA at 34,292.29 points (+0.03%), Nasdaq at 14,528.33 points (+0.19%), the S&P 500 at 4,291.80 points (+0.03%) and the Nikkei 225 at 28,825.01 points (+0.04%).

Regarding the exchange rate, at 06:50, the variation compared to the close in New York indicates that the EUR/USD settled at 1.1902 (+0.03%), the EUR/JPY gained 0.01% (131.51), while USD/JPY lost 0.04% (110.50).

In addition to Suez, investors will also watch the annual general meetings of Solutions 30, Lagardère, Scor, Europcar Mobility Group and Genfit on Wednesday. Investors will also have their sights set on the Renault eWays event on the automotive group's electrification strategy.

European equity markets are expected to rise tentatively at Wednesday's open after Wall Street ended Tuesday's session up slightly, but strong enough to push the S&P 500 and Nasdaq indices to new highs. Around 7:30 a.m., the CAC 40 futures contract gained 0.7 points, or 0.01%, according to data from broker IG Markets. The contract on the DAX 30 gained 5.5 points, or 0.04%, and that on the FTSE 100 rose by 6 points, or 0.08%. The focus on Wednesday will be on the second estimate of Britain's gross domestic product (GDP) for the first quarter, household consumption and the provisional consumer price index in France, the provisional consumer price index in the euro zone for June, as well as the producer and consumer price indices in Italy.

In the US, investors will be looking at the ADP private sector employment report and the weekly Oil Inventories report. The New York Stock Exchange ended on a short rise on Tuesday, allowing the S&P 500 and Nasdaq Composite indices to align a second consecutive record after the announcement of a marked strengthening in the confidence of American households in June. The broader S&P 500 index nibbling 0.03% to climb to a new record of 4,291.80 points. The Nasdaq Composite advanced more sharply, by 0.2%, and reached a new peak of 14,528.33 points. The S&P 500 index had signed its 32nd historic record since the beginning of the year on Monday. The Nasdaq Composite also ended the session at a historic high.

In Asia, the main stock indices posted a mixed performance on Wednesday. At the end of the session, the Nikkei index of the Tokyo Stock Exchange gained 0.04%, the Shanghai Composite took 0.4% and the Hang Seng index fell 0.2% in Hong Kong. The manufacturing PMI fell to 50.9 in June from 51 in May. Above 50, the index nevertheless signals an expansion in activity for the sixteenth consecutive month. The index is higher than the expectations of economists polled by the Wall Street Journal, who expected an index of 50.7 in June. The services PMI, also released on Wednesday, fell sharply to 53.5 in June from 55.2 in May, according to data from the National Bureau of Statistics.

US Treasury bond yields were little changed on Wednesday as investors sought a clear signal ahead of the release of the monthly US jobs report. At 7:15 a.m., the yield on the ten-year benchmark loan stood at 1.481%, compared to 1.472% on Tuesday evening. Market participants blame week-to-date trading volatility on month-end and quarter-end positioning, but fluctuations are limited for the 10-year yield, for example, which remains in a range between 1.4% and 1.5% for several sessions.

The euro was almost stable on Wednesday morning against the dollar and the yen, while the greenback changed little against the Japanese currency.

Oil contracts are progressing on Wednesday morning, before the meeting of the Organization of the Petroleum Exporting Countries and its allies (OPEC+), which will be held on Thursday. The need to increase OPEC+ production seems obvious, but uncertainty remains about the size of the next increase, says Goldman Sachs. Crude prices closed slightly higher on Tuesday after a volatile session as investors watched the spread of the Delta variant of Covid-19. By 7:30 a.m., the September contract on Brent North Sea crude was up 36 cents, at $74.64 a barrel, and the August contract on Nymex-listed light sweet crude (WTI) was up 48 cents, at $73. $.46 a barrel.