In the wake of Wall Street, European equity markets should try to rebound. The Eurostoxx 50 opens at 4,145.94 points (-1.09%), the CAC 40 at 6,583.62 points (-1.04%), the DAX 30 at 15,616.00 points (-0.68%), the FTSE 100 at 7,016.49 points (-0.25%), the SMI at 11,984.83 points (-0.93%), the AEX at 794.19 points (-0.19%) 0.44%), the BEL 20 at 4,125.09 points (-1.14%), the IBEX 35 at 8,635.40 points (-1.65%), the DJIA at 34.814.39 points (+0.68%), the Nasdaq at 15,161.53 points (+0.82%), the S&P 500 at 4,480.70 points (+0.85%) and the Nikkei 225 at 30,311.34 points down 0.66%

The exchange rate shows a total decrease in its variation compared to the close in New York. EUR/USD opened at 1.1813 (-0.03%), EUR/JPY at 129.11 (-0.09%) and USD/JPY at 109.30, down 0.07%

The media and entertainment group Vivendi announced Wednesday evening its intention to buy the Amber Capital fund's stake in Lagardère, and subsequently launch a public takeover offer (takeover bid) for the rest of the capital. Vivendi proposes to buy Amber's stake, representing 17.93% of the capital and 14.34% of the voting rights, at a price of 24.1 euros per share. This price represents a premium of around 25% on Lagardère's closing price on Wednesday. “Vivendi's proposal has been accepted by Amber Capital, leading to the conclusion, in the following terms, of a conditional sales contract,” Vivendi said in a statement. The operation will be carried out by 15 December 2022, subject to approval by the competent authorities. “If these authorizations, mainly requested from the European Commission and the Superior Audiovisual Council, were not obtained by December 15, 2022, the acquisition must be carried out at the same price, for the benefit of a third party substituted for Vivendi,” the group said. In the event of this acquisition, Vivendi would hold 45.1% of Lagardère's capital and 36.1% of the voting rights, thus exceeding the 30% capital and voting rights thresholds requiring it to file a takeover bid for the company. “As a result, a draft public offering at the same price for all Lagardère shares not yet owned by Vivendi will be filed with the Financial Markets Authority on a mandatory basis in accordance with the applicable regulations,” Vivendi specified. In a press release published later, Lagardère said he was “delighted with the investment project that Vivendi wishes to carry out by acquiring the participation of Amber Capital.” This project “demonstrates Vivendi's confidence in the relevance of Lagardère's strategic model” and “confirms respect for the integrity of the Lagardère group and the support provided to

European equity markets are expected to open slightly higher on Thursday, buoyed by the rebound in American indices on Wednesday evening, as investors try to assess the strength of the global economic recovery. The figures for new car registrations in the European Union in August, weekly unemployment benefit claims and monthly retail sales in the United States will give them new clues while next week will be marked by the monetary policy decisions of numerous central banks, including the American Federal Reserve (Fed) and the Bank of Japan (BOJ). At 7:35am, the CAC 40 futures contract gained 13 points, or 0.2%, according to data from the broker IG Markets. The DAX contract increased 16 points, or 0.1%, and the FTSE 100 contract increased by 3 points, or 0.04%

Major Asian stock markets are losing ground on Thursday, also worried about the slowdown in Chinese growth and the difficulties of real estate developer Evergrande. At the end of the session, the Nikkei index on the Tokyo Stock Exchange lost 0.7%. The Shanghai Composite index fell 0.5% and in Hong Kong, the Hang Seng lost 1.6%. On Wednesday evening, Wall Street finished higher, supported by a rebound in industrial and energy stocks and the rise of the technology sector. The Dow Jones Index (DJIA) ended up 0.7%, at 34.814.39 points. The expanded S&P 500 index rose 0.9% to 4,480.71 points. The Nasdaq Composite Index, rich in technology stocks, gained 0.8%,

The yield on the ten-year U.S. Treasury bond, the market benchmark, fell below the 1.300% threshold on Thursday morning, during a volatile session. At 7:35am, it stood at 1.298%, compared to 1.301% on Wednesday evening. Overall, the market stabilized after yields fell on Tuesday, in response to the release of US inflation figures

The euro fell slightly against the dollar on Thursday morning. According to DBS, the currency market is on a rollercoaster, influenced sometimes by bearish stock market investors who expect a correction in September-October, and sometimes by bearish bond market investors who think the Fed will reduce asset purchases before the end of the year. This stalemate is expected to continue until the Fed's monetary policy committee meeting next week, DBS adds

Oil futures continued to rise on Thursday morning, after reaching their highest level since the end of July on Wednesday, supported by a drop of more than 6 million barrels in U.S. crude inventories last week. Around 7:30am, the November North Sea Brent contract gained 19 cents, at $75.66 per barrel. The October contract for sweet light crude (WTI) listed on Nymex took 16 cents, at $72.77