European equity markets expected higher ahead of services PMIs. The Eurostoxx 50 opens at 4,117.95 points with an increase of 0.03%, the CAC 40 at 6,723.81 points (+0.72%), the DAX 30 at 15,555.08 points (-0.09 %), the FTSE 100 at 7,105.72 points (+0.34%), the SMI at 12,163.22 points (-0.06%), the AEX at 760.08 points (+0.25%), the BEL 20 at 4,235.64 points (+0.20%), the IBEX 35 at 8,772.80 points (+0.16%), the DJIA at 35,116.40 points (+0.80%), the Nasdaq at 14,761.29 points (+0.55%), the S&P 500 at 4,423.15 points (+0.82%) and the Nikkei 225 at 27,584.33 points down 0.21%.

For its part, the change in exchange rates compared to the closing in New York shows an evolving trend. EUR/USD at 1.1870 up 0.04%, EUR/JPY at 129.44 (+0.06%), USD/JPY at 109.06 with an increase of 0.02 %.

Investors will be watching the final PMI figures for the services sector on Wednesday. Preliminary data released by IHS Markit on July 23 showed the index fell slightly to 57 last month from 57.8 in June. Above 50, the index still indicated growth in activity compared to the previous month. The state budget situation at the end of June is also expected on Wednesday. On the business side, the satellite operator SES publishes its half-yearly results.

European equity markets are expected to start Wednesday's session in the green, as investors await the PMI services indices in the euro zone and the United States, as well as the ADP report on employment in the private sector overseas. Atlantic in July. At 7:35 a.m., the CAC 40 futures contract gained 15 points, or 0.2%, according to data from broker IG Markets. The contract on the DAX 30 advanced 36 points, or 0.2%, and that on the FTSE 100 took 14 points, or 0.2% as well.

Tuesday evening, Wall Street ended up, showing optimism after the publication of good corporate results and a favorable indicator on the manufacturing sector. The Dow Jones Index (DJIA) closed with a gain of 0.6%, at 35,117.06 points, while the broader S&P 500 index gained 0.8%, to a new record of 4,423.23 points. The Nasdaq Composite index, rich in technology stocks, gained 0.6% to 14,761.29 points. In Asia, the indices presented a mixed picture on Wednesday. At the end of the session in Tokyo, the Nikkei index yielded 0.2%. At the same time, the Hang Seng, the flagship index of the Hong Kong Stock Exchange, gained 1.2%, supported by the rebound in technology stocks after an opening in the red. The Shanghai Composite gained 0.6%.

Yields on US Treasury bonds changed little on Wednesday morning. The sharp decline in Treasury bond yields in recent months is "surreal", said Louis Navellier, an American asset manager. At 7:35 a.m., the ten-year bond rate, the market benchmark, stood at 1.177%, compared to 1.175% on Tuesday evening and 1.749% in March. This decline is largely attributed to expectations of a slower global recovery than initially expected.

The euro posted a slight increase against the dollar on Wednesday morning. At 7:35 a.m., the single currency was trading at 1.1873 dollars. Markets are juggling opposing expectations as they wait for US non-farm payrolls figures on Friday. A positive surprise could support the dollar by fueling expectations of a rapid tightening of monetary policy by the Federal Reserve (Fed), while a number of hirings below expectations would lead to a slower-than-expected economic recovery, a postponement of monetary tightening in the United States and less support for the dollar.

Oil contracts fell Wednesday morning as investors remained concerned about the potential impact of the Delta variant of the coronavirus on global oil demand. Around 7:30 a.m., the October contract on Brent North Sea oil lost 2 cents, to 72.39 dollars a barrel. The September contract on Nymex-listed WTI was down 17 cents at $70.39 a barrel.