Equity markets should rebound pending several major economic indicators. The Eurostoxx 50 opens at 4,063.06 points (-1.13%), the CAC 40 at 6,721.16 points (-0.81%), the DAX 40 at 15,100.13 points (-1.18% ), the FTSE 100 at 7,059.45 points (-0.71%), the SMI at 12,159.69 points (-0.50%), the AEX at 777.39 points (-1.22%), the BEL 20 at 4,113.40 points (-0.63%), IBEX 35 at 8,305.10 points (-1.78%), DJIA at 34,483.72 points (-1.86%), Nasdaq at 15,537.69 points (-1.55%), the S&P 500 at 4,567.00 points (-1.90%) and the Nikkei 225 at 27,935.62 points (+0.41%).

With regard to exchange rates, the variation compared to the closing in New York indicates that the EUR/USD is displayed at 1.1336 (-0.04%), the EUR/JPY at 128, 60 (+0.23%) and USD/JPY at 113.45 (+0.25%).

Investors are awaiting final November manufacturing PMI numbers on Wednesday. The first estimate published by IHS Markit on November 23 reported an acceleration in growth, with an index at 54.6 against 53.6 in October. Eurazeo, for its part, announced the renewal of Virginie Morgon as Chairman of the Management Board for a period of four years from March 2022. At 7:25 a.m., the futures contract on the CAC 40 gained 70 points, or 1%, according to the data from broker IG Markets. The DAX 40 contract was up 135 points, or 0.9%, and the FTSE 100 contract was up 58 points, or 0.8%.

Asian stock markets also rebounded on Wednesday. The Nikkei index gained 0.4% in Tokyo, while the Hang Seng of the Hong Kong Stock Exchange was up 1.1% at the end of the session. The Shanghai Composite index climbed 0.1% after the announcement of a slight contraction in manufacturing activity in China as measured by the PMI index of Caixin and Markit. China's manufacturing PMI fell to 49.9 in November from 50.6 in October, indicating that general business conditions facing Chinese industrialists remained broadly unchanged, Caixin and IHS Markit said on Wednesday. . A figure below 50 signals a contraction in activity.

Wall Street again suffered a sharp drop on Tuesday, also weighed down by doubts about the effectiveness of vaccines against the Omicron variant. The Dow Jones Index (DJIA) fell 614 points, or 1.9%, to 34,483.72 points. The broader S&P 500 index also fell 1.9% to 4,567 points. The Nasdaq Composite fell 1.6% to 15,537.69 points.

Yields on US Treasury bonds rose on Wednesday for the first session of December, after posting their biggest monthly decline in November since July. The ten-year Treasury bill rate, the market benchmark, fell to 1.450% on Tuesday, from 1.500% on Monday evening. Wednesday at 7:25 a.m., it was at 1.477%.

The euro retreated slightly Wednesday morning against the dollar, the market believing that the Fed could decide to tighten its monetary policy sooner than expected. With the Fed emphasizing price stability to ensure the economic recovery continues, data on private sector employment and manufacturing activity in the United States will be closely watched on Wednesday. At 7:25 a.m., the euro lost 0.03% to 1.1337 dollars.

Oil futures are gaining ground on Wednesday morning, after falling sharply in the previous session in reaction to the Fed Chairman's remarks about the possibility of the US central bank withdrawing its asset purchase program more sooner than expected. At 7:15 a.m., the February contract for Brent North Sea oil was selling for $2.36, or 3.4%, at $71.59 a barrel. The Nymex-listed light sweet crude (WTI) January contract was up $2.13, or 3.2%, at $68.31 a barrel.