Equities expected to decline slightly before the start of the earnings season and inflation in the United States. The Eurostoxx 50 opens at 4,093.38 points, an increase of 0.62%, the CAC 40 appears at 6,559.25 points (+0.46%), the DAX 30 at 15,790.51 points ( +0.65%), the FTSE 100 at 7,125.42 points (+0.05%), the SMI at 12,081.62 points (+0.77%), the AEX at 738.44 points (+0, 86%), the BEL 20 at 4,210.14 points (+0.64%), the IBEX 35 at 8,816.70 points (+0.46%), the DJIA at 34,996.18 points (+0.36% ), the Nasdaq at 14,733.24 points (+0.21%), the S&P 500 at 4,384.63 points (+0.35%), the Nikkei 225 at 28,714.63 points (+0.51%).

Regarding the exchange rate, the change from the close in New York indicates that EUR/USD opens at 1.1866 gaining 0.03%, EUR/JPY at 130.97 up 0, 03% and USD/JPY at 110.41 with a jump of 0.02%.

Investors will follow the final June consumer price index numbers on Tuesday. The first estimate of the National Institute of Statistics and Economic Studies reported inflation of 1.5% year on year in June, after rising 1.4% the previous month. In addition, the market will react to the announcements of the President of the Republic on the health situation and his program of reforms. Faced with the rise of the Delta variant of the highly contagious coronavirus, Emmanuel Macron announced that vaccination would become compulsory for health personnel and that the health pass would be extended from July 21 to many activities for people over 12. years. In particular, it will be required to access amusement parks, long-distance trains, shopping centres, cafes and restaurants.

European equity markets are expected to open slightly lower on Tuesday as investors, still concerned about the spread of the Delta variant of the coronavirus, await the start of the earnings season and inflation figures in the United States. At 7:45 a.m., the CAC 40 futures contract lost 0.5 points, or 0.01%, according to data from broker IG Markets. The DAX 30 contract was down 10 points, or 0.06%, and the FTSE 100 contract was down 6 points, or 0.08%. The S&P 500 index is showing a multiple of 22 times expected earnings over the next 12 months, compared to a five-year average of just over 18.

In addition, investors will be attentive, at 2:30 p.m. (Paris time), to the inflation figures for June across the Atlantic. Economists polled by the Wall Street Journal anticipate a price increase of 0.5% over one month and 5% over one year. On Monday, Wall Street once again set new closing records. The Dow Jones Index (DJIA) ended up 0.4% to 34,996.18 points, after briefly crossing the 35,000 point threshold. The S&P 500 index gained 0.4% to 4,384.62 points. The Nasdaq index gained 0.2% to 14,733.24 points. In Asia, the main indices gained ground on Tuesday, after the announcement of a better-than-expected increase in Chinese exports in June. At the end of the session, the Shanghai Composite index gained 0.1% and the Hang Seng gained 1.5% in Hong Kong. The Nikkei index of the Tokyo Stock Exchange rose by 0.5%.

Yields on US Treasury bonds rose on Tuesday morning after moving indecisively the day before. At 7:45 a.m., the performance of the ten-year title, the market benchmark, stood at 1.376%, against 1.365% on Monday evening. Rising bond prices have pushed yields back to levels only seen during the pandemic, but JPMorgan expects a rebound.

The euro changed little against the dollar on Tuesday morning. At 7:45 a.m., it was trading at $1.1865. According to Trading Central technical analysis, the trend is bullish for the single currency above $1.1845. As long as this support level is not broken, the euro should recover to $1.1880. If this threshold is exceeded, the single currency will target 1.1895 dollars.

Oil contracts are gaining ground Tuesday morning, driven by expectations of tight global crude oil supply, said Rystad Energy. However, the increase could be mitigated by the resurgence of the Covid-19 pandemic in certain markets. Data from Rystad signals lower domestic air traffic in China and reduced road traffic in Malaysia, which are expected to affect fuel demand in Asia. At 7:35 a.m., the September contract on North Sea Brent was up 11 cents, at $75.27 a barrel, and the August contract on Nymex-listed light sweet crude (WTI) was up 14 cents, at $75.27 a barrel. $74.24 a barrel.