European equity markets are expected to rise despite Jerome Powell's restrictive tone. The Eurostoxx 50 opens at 4,150.19 points with an increase of 1.29%, the CAC 40 at 6,637.00 points (+1.29%), the DAX 30 at 15,506.74 points (+1.03 %), the FTSE 100 at 7,083.37 points (+1.47%), the SMI at 11,837.57 points (+0.41%), the AEX at 792.40 points (+0.77%), the BEL 20 at 4,139.58 points (+0.68%), the IBEX 35 at 8,808.40 points (+0.60%), the DJIA at 34,258.32 points (+1.00%), the Nasdaq at 14,896.85 points (+1.02%), the S&P 500 at 4,395.64 points (+0.95%) and the Nikkei 225 at 29,639.40 points with a drop of 0.67%.

As for FX, the change from the New York close shows EUR/USD open at 1.1708 up 0.16%, EUR/JPY at 128.56 (+0.16%) and USD/JPY which remained stable at 109.81.

Investors will be watching on Thursday for the first estimates of the PMI indices for the manufacturing and services sectors in France in September. Economists polled by the Wall Street Journal anticipate a slight slowdown in growth, with an index of 57 for the manufacturing sector and 56.1 for services, compared to respective levels of 57.5 and 56.3 in August . The business climate figures for September are also expected on Thursday. The engineering and technology consulting group Alten reaffirmed on Wednesday that it expects "satisfactory" organic growth in 2021, after recording a rebound in its results in the first half.

European equity markets are expected to open higher on Thursday as investors analyze the latest announcements from the US Federal Reserve (Fed). At 7:35 a.m., the CAC 40 futures contract gained 31 points, or 0.5%, according to data from broker IG Markets. The DAX contract rose 70 points, or 0.5%, and the FTSE 100 contract rose 28 points, or 0.4%. The Fed confirmed on Wednesday that it wanted to reduce its monetary support for the economy in the coming months, before starting to raise interest rates likely to take place as early as 2022. After the Fed's announcements, Wall Street ended up Wednesday. The Dow Jones Index (DJIA) ended up 1% to 34,258.32 points, while the broader S&P 500 index rose 0.1% to 4,395.64 points. At the same time, the Nasdaq index, rich in technology stocks, was awarded 1%, to 14,896.85 points.

US indices were also supported by easing fears over Evergrande. Investors expect the Chinese government to intervene to prevent the Evergrande debacle from having a severe impact on the local economy. The Hong Kong and Chinese stock markets are thus picking up again on Thursday. At the end of the session, the Hang Seng index gained 0.7% and the Shanghai Composite index rose by 0.5%. The Tokyo Stock Exchange is closed for a public holiday in Japan. Nonetheless, one of Evergrande's biggest shareholders has cut its stake in the heavily indebted conglomerate and said it may withdraw its support for the property developer. On Thursday, the macroeconomic agenda is again busy, with the PMI indices for the manufacturing and services sectors in the eurozone and the United States, the monetary policy decisions of the Swiss, Norwegian, British and Turkish central banks, as well as the demands weekly unemployment benefit in the United States.

Yields on all US Treasuries except long-term securities rose on Wednesday after the Fed meeting, reflecting greater clarity on the tapering of asset purchases and the timing of rate hikes. interest rate.

The euro is gaining ground against the dollar on Thursday morning, having briefly dented the $1.17 threshold on Wednesday following the restrictive tone adopted by Jerome Powell at the press conference following the Fed's monetary policy decision.