European equity markets are expected to fall in the face of a deluge of results and before the Fed. The Eurostoxx 50 opened at 4,064.83 points, down 0.92%, the CAC 40 at 6,531.92 points (-0.71%), the DAX 30 at 15,519.13 points (-0.64%), the FTSE 100 at 6,996.08 points (-0.42%), the SMI at 12,021.09 points (-0.24%), the AEX at 737.24 points (-1.05%), the BEL 20 at 4,210.56 points (-0.63%), the IBEX 35 at 8,699.20 points (-0.87%), the DJIA at 35,058.52 points (-0.24%), the Nasdaq at 14,660.58 points (-1.21%), the S&P 500 at 4,401.46 points (-0.47%) and the Nikkei 225 s' posted at 27,492.56 points with a drop

With regard to the exchange rate, the change compared to the close in New York indicates that EUR/USD opened at 1.1823 up 0.04% and EUR/JPY at 129.80 with an increase of 0.04% while USD/JPY lost to 109.79, or 0.01%.

The business agenda is busy on Wednesday in France, with numerous half-year results. Today's top publications include those of Carrefour, Vivendi, Capgemini, Safran, Unibail Rodamco-Westfield, Teleperformance and Suez. Groupe ADP, Scor, TF1, Rexel, Elior, Bureau Veritas, Eurazeo, CGG, Nexans, CNP Assurances, Maisons du Monde, Bic, Eramet, Europcar, Alten, Coface, Elis, Mercialys, Vallourec, Albioma and GTT also reveal

European equity markets are expected to fall at the start of trading on Wednesday, a busy day of corporate earnings releases in Europe and the United States. Investors will also be watching the announcements of the Federal Reserve's (Fed) monetary policy committee at 20:00 p.m. At 7:25am, the CAC 40 futures contract lost 5 points, or 0.08%, according to data from the broker IG Markets. The DAX 30 contract lost 32 points, or 0.2%, and the FTSE 100 contract lost 24 points, or 0.3%. Wall Street finished lower on Tuesday, pausing from the previous day's highs, as investors awaited the release of earnings from several American tech giants. The Dow Jones Index (DJIA) fell 0.2% to 35,058.92 points, and the broader S&P 500 index fell 0.5% to 4,401.50 points. The technology-dominated Nasdaq Composite closed down more sharply by 1.2%, at 14,660.58 points. After the close, Apple, Microsoft, and Alphabet, the parent company of Google, all reported sharply higher results for the quarter ended June 30. However, investor reaction to these announcements has been mixed. Apple lost 2.1% in trading after the Wall Street close, Microsoft gained 0.2% and Alphabet gained 0.9%. In Asia, the main indices fell on Wednesday. The Shanghai Composite Index lost ground for the fourth consecutive session, affected by concerns about the regulatory crackdown imposed by Beijing on numerous companies, particularly in the tech sector and private education. At the end of the session, the Shanghai Stock Exchange's flagship index lost 0.6%. In its wake, the Hang Seng abandoned 0.2% in Hong Kong, where many Chinese companies are listed. In Tokyo, the Nikkei index fell by 1.7% at the same time

Long-term U.S. Treasury debt yields continued to fall Wednesday morning. At 7:25am, the yield on the ten-year Treasury note, the benchmark for the bond market, moved to 1.238%, compared to 1.247% on Tuesday evening. In France, Saxo Bank estimates that it is 70% likely that Emmanuel Macron will be re-elected President of the Republic in April 2022 after beating Marine Le Pen in the second round, Christopher Dembik indicates. As the leader of the National Rally has given up on France's withdrawal from the eurozone, the risk on the French bond markets should be lower than in 2017, the analyst believes

The euro moved little against the dollar on Wednesday morning, as investors await the Fed's announcements and the Delta variant shakes confidence in the global economic recovery. Investors believe that the Fed will discuss the timing of withdrawing asset purchases on Wednesday and that such tightening of monetary policy could allow the dollar to appreciate

Oil prices rose Wednesday morning, ahead of the release of the Energy Department's weekly report on U.S. oil stocks and the Federal Reserve's monetary policy announcements. On Tuesday evening, the American Petroleum Institute (API) trade association announced a decrease of 4.7 million barrels in crude inventories last week in the United States and a 6.2 million barrel drop in fuel stocks. At 7:15am, the September North Sea Brent contract earned 32 cents, at $74.80 per barrel. The price of sweet light crude oil (WTI) traded on Nymex rose by 38 cents to $72.03