European markets should hesitate while waiting for ZEW and the resumption of Wall Street trading. On Tuesday, July 6, 2021, the Eurostoxx 50 opened at 4,087.37 points (+0.07%), the CAC 40 at 6,567.54 points (+0.22%), the DAX 30 at 15,661.97 points (+0.08%), the FTSE 100 at 7,164.91 points (+0.58%), the SMI at 11,967.57 points (+0.02%), the AEX at 733.99 points (+0.06%), the BEL 20 at 4,173.92 points (+0.07%), the IBEX 35 at 8,946.40 points (+0.44%), the DJIA at 34.786.35 points (+0.44%) at the end of July 2, the Nasdaq at 14,639.33 points (+0.81%) at the close of the July 2, the S&P 500 at 4,352.34 points (+0.75%) at the close of July 2 and the Nikkei 225 at 28,686.58 points up 0.31% (price at 7:25

With respect to the exchange rate, the change compared to the close in New York indicates that EUR/USD opened at 1.1872 (+0.06%), EUR/JPY at 131.61 down 0.05%, USD/JPY at 110.86 (0.11%).

The main European equity markets are expected to change little at the opening on Tuesday, a situation that could last until American investors return after an extended weekend in the United States. At 7:30am, the CAC 40 futures contract gained 0.7 points, or 0.01%, according to data from the broker IG Markets. The DAX 30 contract fell 9 points, or 0.06%, and the FTSE 100 contract lost 12 points, or 0.2%. Investors expect the ZEW index of investor sentiment in Germany in July on Tuesday, before the PMI and ISM services indices in the United States. In Asia, the main stock market indices presented a mixed picture on Tuesday. At the end of the session, the Nikkei index gained 0.3% in Tokyo, while the Hang Seng lost 0.3% in Hong Kong. The Shanghai Composite Index fell by 0.4%.

U.S. Treasury bond yields rose slightly on Tuesday morning. At 7:30am, the yield on the ten-year Treasury note, the market benchmark, stood at 1.446%, compared to 1.437% on Friday evening. American bond markets were closed on Monday for the United States National Day. Moreover, more than two-thirds of investors consider that a withdrawal by the European Central Bank (ECB) from its Pandemic Emergency Purchasing Programme (PEPP) is the most important source of volatility for eurozone government bonds over the next six to nine months, say Citi rate strategists, citing a survey of their readers carried out in

On the foreign exchange market, the euro is gaining ground against the dollar but falling against the yen on Tuesday morning, with the Japanese currency, considered a safe haven asset, being supported by concerns about the resurgence of Covid-19 cases in Asia.

Oil prices continued to rise on Tuesday morning after the cancellation of the meeting between the Organization of Petroleum Producing Countries (OPEC) and its allies led by Russia on their production levels. “From now on, all eyes are on possible leaks about the evolution of the informal negotiations behind closed doors. Prices could go both ways,” Rystad Energy analysts warn. OPEC cancelled the meeting scheduled for Monday with oil producers led by Russia after the United Arab Emirates, usually one of Riyadh's main backers within the group, refused to accept a Saudi-backed deal to increase production, people familiar with the matter said. The United Arab Emirates has indicated that it is asking for some leeway to produce more oil as part of any agreement. This reluctance to compromise comes as Riyadh and Abu Dhabi, OPEC's neighbours, military partners and traditional allies, are diverging on several economic and geopolitical fronts. At 7:20am, the September contract for North Sea Brent rose 32 cents, at $77.48 per barrel, and the August contract for sweet light crude (WTI) listed on Nymex took $1.54, at 76.70 dollars