Markets should be hesitant ahead of US inflation figures. The Eurostoxx 50 opens at 4,344.63 points (-0.18%), the CAC 40 at 7,043.27 points (-0.06%), the DAX 40 at 16,040.47 points (-0.04% ), the FTSE 100 at 7,274.04 points (-0.36%), the SMI at 12,367.52 points (+0.11%), the AEX at 815.17 points (-0.30%), the BEL 20 at 4,388.90 points (+0.12%), IBEX 35 at 9,074.90 points (+0.05%), DJIA at 36,319.98 points (-0.31%), Nasdaq at 15,886.54 points (-0.60%), the S&P 500 at 4,685.25 points (-0.35%) and the Nikkei 225 at 29,106.78 points (-0.61%).

Regarding exchange rates, the variation from the close in New York indicates that EUR/USD opens at 1.1580 (-0.14%), EUR/JPY at 130.72 (-0.13%) and the USD/JPY at 112.90 (+0.01%).

Investors will react on Wednesday to announcements by the President of the Republic, Emmanuel Macron, who ruled on Wednesday evening that the conditions were not currently met to launch a pension reform.

European equity markets are expected to change little on Wednesday at the open, as investors nervously await October inflation figures in the United States. At 7:40 a.m., the CAC 40 futures contract gained 0.4 points, or 0.01%, according to data from broker IG Markets. The DAX 40 contract was down 3.5 points, or 0.02%, and the FTSE 100 contract was down 6.5 points, or 0.1% as well.

Asian markets fall on Wednesday. At the end of the session, the Shanghai Composite index and the Hang Seng index of the Hong Kong Stock Exchange lost 0.8% each. The Tokyo Stock Exchange's Nikkei index closed down 0.6%. In the United States, the Speaker of the House of Representatives, Nancy Pelosi, hopes for a vote next week on the bill on the climate and social spending, a program whose amount is around 2,000 billion dollars, but this text will probably have to be amended to have a chance of being adopted by the Senate. Wall Street ended lower on Tuesday, moving slightly away from new highs set the day before. The Dow Jones Index (DJIA) fell 0.3% to 36,320.50 points, and the broader S&P 500 index lost 0.4% to 4,685.30 points. The Nasdaq Composite closed down 0.6% to 15,886.54 points. The three main indexes of the New York Stock Exchange had reached new highs on Monday, the S&P 500 having finished at an all-time high for the eighth session in a row.

Yields on U.S. Treasury bonds rallied on Wednesday, after yields on 10- and 30-year securities fell to their lowest levels in months on Tuesday. At 7:40 a.m., the yield on the ten-year Treasury bond, the market benchmark, was at 1.464% against 1.441% on Tuesday evening. That of the 30-year loan stood at 1.836%, against 1.822% on Tuesday evening.

The euro fell against the dollar on Wednesday morning. Westpac points out that the general situation seems to remain favorable to the dollar and that the likely high inflation figures in the United States in October will keep this trend intact.

Oil prices rose on Wednesday morning, operators anticipating an increase in demand for air travel after the reopening of the borders of the United States to vaccinated travelers from the European Union in particular, indicates Rystad Energy. Oil closed at its highest level in two weeks on Tuesday, and analysts point to speculation about a possible release of U.S. strategic reserves highlighting ongoing supply issues. As of 7:35 a.m., the January North Sea Brent contract was up 52 cents, at $85.30 a barrel. The December contract on Nymex-listed WTI was up 29 cents to $84.44 a barrel.