Stocks should remain cautious ahead of inflation in the US and JPMorgan's results. The Eurostoxx 50 opens at 4,055.09 points (-0.43%), the CAC 40 at 6,548.11 points (-0.34%), the DAX 40 at 15,146.87 points (-0.34%), the FTSE 100 at 7,130.23 points (-0.23%), the SMI at 11,756.76 points (-0.13%), the AEX at 771.47 points (-0,23%), the SMI at 11,756.76 points (-0.13%), the AEX at 771.47 points (-0,23%), the SMI at 11,756.76 points (-0.13%), the AEX at 771.47 points (-0,23%), the SMI at 11,756.76 points (-0.13%). .30%), the BEL 20 at 4,159.81 points (-0.04%), the IBEX 35 at 8,935.90 points (+0.41%), the DJIA at 34,378.34 points (-0.34%), the Nasdaq at 14,465.92 points (-0.14%), the S&P 500 at 4,350.65 points (-0.24%) and the Nikkei 225 at 28.174% 6,24 points down by 0.19%

As for exchange rates, the change from the close in New York indicates that EUR/USD opened at 1.1554 (+0.19%), EUR/JPY at 131.08 (+0.06%), and USD/JPY at 113.46 down 0.13%.

Luxury group LVMH reported third-quarter sales slightly above expectations on Tuesday, driven by strong demand in Asia and the United States and the lifting of health restrictions in Europe. During the quarter ending at the end of September, sales reached 15.51 billion euros, up 20% over one year and 11% compared to the same period in 2019, on a comparable basis. According to a consensus established by FactSet, analysts expected an average turnover of 15.11 billion euros

Major European equity markets are expected to change little at the opening on Wednesday, as investors are cautious ahead of the release of inflation in the United States in September and as the quarterly corporate earnings season begins. At 7:40am, the CAC 40 futures contract gained 9 points, or 0.1%, according to data from the IG Markets broker. The DAX contract gained 13 points, or 0.1%, and the FTSE 100 contract fell 5 points, or 0.1%. As earnings season in the United States begins on Wednesday, the market is concerned that companies are signaling that supply problems and inflation are affecting their profits, which could deal another blow to investor morale

In China, exports grew at a faster pace than expected last month, despite supply chain challenges and power shortages. Chinese exports increased 28.1% year on year in September, accelerating from the 25.6% increase recorded in August, the General Administration of Customs said Wednesday. Wall Street closed lower for the third session in a row on Tuesday after the International Monetary Fund (IMF) revised global growth forecasts downwards and another rise in energy prices fueling inflation fears. The Dow Jones Index (DJIA) finished down 0.3% to 34,378.34 points, and the broader S&P 500 index fell 0.2% to 4,350.65 points. The Nasdaq Composite lost 0.1% to 14,465.94 points. Asian indices changed little on Wednesday. At the end of the session, the Nikkei index on the Tokyo Stock Exchange lost 0.2%. The Shanghai Composite Index was up 0.2%. In Hong Kong, exchanges were interrupted on the eve of a public holiday, due to a weather alert

Long-term U.S. Treasury bond yields rose slightly on Wednesday morning, after falling the previous day, as investor confidence in the U.S. economic outlook continued to deteriorate. At 7:45am, the yield on the ten-year Treasury note, the bond market benchmark, stood at 1.584%, compared with 1.575% on Tuesday evening. Rising commodity prices, especially oil and natural gas, are fuelling concerns about possible inflationary pressures, as are supply chain challenges, analysts say. Traders and investors expect the U.S. consumer price index, forecast on Wednesday, to exceed forecasts, as optimism about the global recovery fades

The euro rose against the dollar on Wednesday morning. However, the foreign exchange market may waver ahead of the day's key events, including inflation figures in the United States in September, minutes from the latest meeting of the Fed's Monetary Policy Committee, and speeches by several central bankers

Oil contracts fell on Wednesday morning, after press reports emerged that Iran's nuclear negotiations could resume. According to the Bloomberg news agency, negotiations could begin as early as this week. If progress is made after several weeks of discussions, a reactivation of the Iranian nuclear deal could cause Brent to fall to around $75 per barrel, says broker OANDA. At 7:35am, the December North Sea Brent contract sold 4 cents at $83.38 per barrel. The November contract for light sweet crude (WTI) traded on Nymex lost 7 cents to $80.56