Equity markets are expected to open lower until the ECB announces. The Eurostoxx 50 opened at 4,177,15 points, down by 1.13%, the CAC 40 at 6,668.89 points (-0.85%), the DAX 30 at 15,610.28 points (-1.47%), the FTSE 100 at 7,095.53 points (-0.75%), the SMI at 12,215.14 points (-1.05%), the AEX at 789.00 points (-0.75%), the AEX at 789.00 points (-0.75%) 2%), the BEL 20 at 4,229.81 points (-1.51%), the IBEX 35 at 8,838.70 points (-0.63%), the DJIA at 35,031.07 points (-0.20%), the Nasdaq at 15,286.64 points (-0.57%), the S&P 500 at 4,514.07 points (-0.13%) and the Nikkei 225 at 29. 948.87 points with a decrease

With respect to the exchange rate, the change compared to the close in New York indicates that EUR/USD opened at 1.1812 down 0.05%, EUR/JPY down 130.13 (-0.14%), and USD/JPY down 0.09% at 110.17.

Eutelsat announced on Wednesday evening that it had completed the acquisition of a stake in the British company OneWeb, which is developing a high-speed Internet access service covering regions not served by terrestrial links. In accordance with the agreement unveiled in April, the satellite operator invested 550 million dollars in OneWeb, becoming one of the company's main shareholders alongside the British State and India's Bharti Global. The French company initially planned to take 24% of OneWeb, but the capital calls made in the meantime by the latter will finally place it at the head of 17.6% of the capital, the group said in

European equity markets are expected to open lower on Thursday as investors get nervous ahead of European Central Bank (ECB) announcements. Around 7:30am, the CAC 40 futures contract fell 44 points, or 0.7%, according to data from the broker IG Markets. The DAX contract lost 82 points, or 0.5%, and the FTSE 100 contract lost 61 points, or 0.9%. The ECB will publish its monetary policy decision at 13:45. The press release will be followed, starting at 2.30 p.m., by a press conference by President Christine Lagarde, who will in particular unveil the new growth and inflation forecasts of the ECB teams

In the United States, economic growth slowed in July and August to a “moderate pace”, the Federal Reserve (Fed) said in its Beige Book on Wednesday evening. Fears about the spread of the Delta variant of the coronavirus caused a decrease in travel and dining out over the summer, according to this report on the state of the American economy compiled for the next central bank meeting. Against this background, Wall Street closed on Wednesday. The Dow Jones Index (DJIA) lost 0.2% to 35,031.07 points, and the broader S&P 500 index fell 0.1% to 4,514.07 points. The Nasdaq Composite fell 0.6% to 15,286.64 points, ending a series of three consecutive records. In Asia, the main indices were trading in the red on Thursday. At the end of the session, the Nikkei index fell by 0.7% in Tokyo, while the Hang Seng on the Hong Kong Stock Exchange fell 1.8%

The Shanghai Composite Index picked up 0.1%. Producer prices in China rose in August at their highest pace in 13 years, supported by soaring prices for coal, chemicals and steel, the National Bureau of Statistics said on Thursday. The producer price index rose 9.5 percent year on year in August, an acceleration compared to the 9 percent increase recorded in July, according to the Bureau of Statistics. Economists surveyed by the Wall Street Journal expected the index to rise by 9%

U.S. Treasury bond yields continued to fall on Thursday morning after the release of the Fed's Beige Book. At 7:35 a.m., the rate on the ten-year Treasury bill, the market benchmark, stood at 1.331%, compared to 1.344% on Wednesday evening. While some strategists say the report is lackluster, several economists have suggested that the data on business conditions in the 12 regions covered by the Fed would not match the “substantial additional progress” expected by the central bank to begin withdrawing its

The euro fell slightly against the dollar on Thursday before the ECB meeting. According to Commonwealth Bank of Australia (CBA), the ECB will not explicitly change its monetary policy but may signal a reduction in the pace of asset purchases under the PEPP. CBA also expects the ECB to raise its growth and inflation forecasts, while any comments on the transitory nature of the recent acceleration in inflation will be closely monitored

Oil contracts changed little on Thursday morning. At 7:25am, the November North Sea Brent contract earned 12 cents, at $72.72 per barrel. The October contract for sweet light crude (WTI) listed on Nymex took 2 cents, at $69.32