Stocks are expected to open higher ahead of another US inflation reading. The Eurostoxx 50 opens at 4,083.28 points (+0.70%), the CAC 40 at 6,597.38 points (+0.75%), the DAX 40 at 15,249.38 points (+0.68%) ), the FTSE 100 at 7,141.82 points (+0.16%), the SMI at 11,814.59 points (+0.49%), the AEX at 777.52 points (+0.78%), the BEL 20 at 4,166.50 points (+0.16%), the IBEX 35 at 8,881.40 points (-0.61%), the DJIA remains stable at 34,377.81 points, the Nasdaq at 14,571.64 points ( +0.73%), the S&P 500 at 4,363.80 points (+0.30%) and the Nikkei 225 at 28,490.06 points, up 1.24%.

Regarding exchange rates, the variation compared to the close in New York indicates that the EUR/USD is displayed at 1.1593 (-0.03%), the EUR/JPY at 131.64 (+0.24%) and USD/JPY at 113.56 up 0.26%.

European equity markets are expected to open higher on Thursday, as new corporate results are expected in the United States, where September's producer price index and weekly jobless claims figures will also be released. At 7:35 am, the futures contract on the CAC 40 took 32 points, or 0.5%, according to data from the broker IG Markets. The contract on the DAX gained 57 points, or 0.4%, and that on the FTSE 100 won 35 points, or 0.5%. U.S. economic indicators are being watched closely as the minutes of the Federal Reserve's (Fed) latest monetary policy meeting indicated that the U.S. central bank discussed in September a plan to scale back its bond purchases likely to begin in September. November or December and to come to an end in mid-2022.

Wall Street closed mostly higher on Wednesday. The Dow Jones Index (DJIA) remained stable at 34,377.81 points. The broader S&P 500 index gained 0.3% to 4,363.80 points. The Nasdaq index, which is dominated by technology, rose 0.7% to 14,571.64 points. In Asia, the main stock markets rose on Thursday. At the end of the session, the Nikkei index of the Tokyo Stock Exchange advanced by 1.4% and the Shanghai Composite index took 0.1%. The Hong Kong Stock Exchange is closed for a public holiday. China's producer prices rose in September at their fastest pace since 1996, buoyed by rising commodity prices, the National Bureau of Statistics said Thursday. The producer price index rose 10.7% year on year in September, compared to a 10.4% jump anticipated by economists polled by the Wall Street Journal and a 9.5% rise in August. Compared with August, producer prices in China rose 1.2% in September.

The spread between short-term and long-term US Treasury bond yields narrowed on Wednesday after news of a slight pick-up in US inflation in September. This situation is explained by investors' bets on a possible tightening of monetary policy by the Federal Reserve (Fed) sooner than expected. The narrowing spread between short-term and long-term yields suggests that investors expect the Fed to raise rates faster than expected, which could weigh on economic growth going forward. Central bankers believe that the recent uptick in inflation is largely temporary and should moderate in the coming years, especially as supply chain difficulties ease.

The euro fell slightly against the dollar on Thursday morning, as concerns about inflation persisted.

Oil prices rose on Thursday after the American Petroleum Institute (API) announced a 2.3 million barrel drop in crude inventories at the Cushing storage center in Oklahoma, the hub of oil trade in the United States. United States last week. At 7:25 a.m., the December Brent North Sea contract was up 59 cents, at $83.77 a barrel. The November contract on Nymex-listed light sweet crude (WTI) took 55 cents to $80.99 a barrel.