European equity markets should try to rally at the open. The Eurostoxx 50 opened at 4,196.40 points down 0.14%, the CAC 40 at 6,819.84 points (-0.28%), the DAX 30 at 15,921.95 points (-0.02% ), the FTSE 100 at 7,181.11 points (+0.38%), the SMI at 12,477.44 points (+0.47%), the AEX at 770.79 points (+0.13%), the BEL 20 at 4,323.32 points (-0.35%), IBEX 35 at 8,865.70 points (-0.68%), DJIA at 35,343.28 points (-0.79%), Nasdaq at 14,656.18 points (-0.93%), the S&P 500 at 4,448.08 points (-0.71%) and the Nikkei 225 at 27,629.70 points, up 0.75%.

Regarding the exchange rate, the change from the close in New York indicates that EUR/USD opens at 1.1717 up 0.08%, EUR/JPY at 128.46 (+0.13%) and USD/JPY at 109.65 with an increase of 0.05%.

European equity markets are expected to open slightly higher on Wednesday, despite the US Federal Reserve (Fed) warning that the Covid-19 pandemic continues to threaten the economic outlook. At 7:35 a.m., the CAC 40 futures contract gained 16.5 points, or 0.2%, according to data from broker IG Markets. The contract on the DAX 30 rose by 38 points, or 0.2%, and that on the FTSE 100 rose by 27.2 points, or 0.4%. Investors will be watching Wednesday for eurozone inflation, UK producer and consumer prices, and the minutes of the Fed's latest monetary policy meeting.

The New York Stock Exchange closed in the red on Tuesday after the news of a decline in retail sales in the United States, ending five sessions of gains that had taken the Dow Jones and the S&P 500 to new levels. peaks. Retail sales fell 1.1% in July from June, while economists had forecast a drop of just 0.3%, the US Commerce Department said on Tuesday. In Asia, equity markets gained ground on Wednesday morning. At the end of the session, the Shanghai Composite gained 0.6%, the Hang Seng index rose 0.8% in Hong Kong and the Nikkei index of the Tokyo Stock Exchange won 0.8%.

U.S. Treasury bond yields edged higher on Wednesday, after ending the day before on a mixed note in reaction to U.S. data of weaker retail sales and a stronger-than-expected rise in industrial production in July. At 7:25 a.m., the yield on the ten-year US Treasury benchmark stood at 1.281%. According to the pessimistic scenarios, the rate of the 10-year loan could be below 1% by the end of the year, while the optimistic scenarios foresee a move towards a range of 1.75% to 2%. .

The euro is up Wednesday morning against the dollar and the yen, while the greenback is gaining some ground against the Japanese currency. The yen suffered from an increase in risk appetite as several Asian equity markets advanced on Wednesday. The market should remain cautious ahead of the release of the minutes from the latest Fed meeting, in which investors will be looking for clues on the timing of tapering ahead of the Jackson Hole meeting at the end of the month, IG said. Ebury expects the euro to appreciate against the dollar in the near term, but only moderately as the economic recovery in the euro zone catches up with that in the United States.

Oil prices rebounded timidly on Wednesday after falling for the fourth session in a row on Tuesday, due to lingering concerns about the level of demand. Tuesday evening, the professional association American Petroleum Institute (API) announced a decrease of 1.2 million barrels in crude inventories last week in the United States and a drop of 2 million barrels in fuel inventories. Close to analysts' forecasts, these data were released before the publication of the Energy Department's weekly report on crude inventories across the Atlantic, scheduled for Wednesday afternoon. According to analysts polled by the Wall Street Journal, crude inventories are expected to be down 1.3 million barrels and gasoline reserves are expected to have fallen by 2.1 million barrels last week. At 7:25 a.m., the October North Sea Brent contract was up 30 cents, at $69.33 a barrel. The September contract on Nymex-listed light sweet crude (WTI) rose 29 cents to $66.88 a barrel.