European equity markets are expected to rise ahead of eurozone inflation figures. The Eurostoxx 50 opens at 4,224.45 points (+1.19%), the CAC 40 at 7,099.49 points (+1.43%), the DAX 40 at 15,619.39 points (+0.96% ), the FTSE 100 at 7,535.78 points (+0.96%), the SMI at 12,359.80 points (+1.09%), the AEX at 765.22 points (+1.33%), the BEL 20 at 4,110.47 points (+0.95%), IBEX 35 at 8,726.70 points (+1.32%), DJIA at 35,405.24 points (+0.78%), Nasdaq at 14,346.00 points (+0.75%), the S&P 500 at 4,546.54 points (+0.69%) and the Nikkei 225 at 27,533.60 points (+1.68%).

Regarding the exchange rate, the variation compared to the closing in New York indicates that the EUR/USD is displayed at 1.1275 (+0.02%), the EUR/JPY at 129.38 (+0.07%) and USD/JPY at 114.76 (+0.06%).

European equity markets are expected to continue their rise on Wednesday, in the wake of Wall Street's gains the day before and the robust progress of Asian stock markets in trading volumes, however reduced by the Lunar New Year holidays. At 7:25 a.m., the CAC 40 futures contract gained 61 points, or 0.9%, according to data from broker IG Markets. The contract on the DAX 40 gained 133 points, or 0.9% also, and that on the FTSE 100 rose by 59 points, or 0.8%. Investors will be watching on Wednesday for the first estimate of inflation in the euro zone in January, the ADP survey on employment in the private sector in the United States, as well as a series of company results from and others from the Atlantic, including those of Meta Platforms, Facebook's parent company. As central bankers in Europe observe a period of silence ahead of monetary policy decisions from the European Central Bank (ECB) and the Bank of England on Thursday, investors continue to watch comments from Federal Reserve officials. (Fed) seeking indications on the pace of interest rate hikes this year.

Wall Street recorded its third consecutive increase on Tuesday, also driven by good quarterly corporate results. The Dow Jones Index (DJIA) ended up 0.8% at 35,405.24 points. The broader S&P 500 index gained 0.7% to 4,546.54 points. The Nasdaq index, predominantly technological, was awarded 0.8% to 14,346 points. Some investors say they hope the volatility seen last month is, at least temporarily, behind them. Many expect 2022 to be a turbulent year for equity markets, however, as investors adjust their portfolios to account for upcoming interest rate hikes. In Asia, markets are generally in the green but trading is sluggish, with many markets, particularly in mainland China and Hong Kong, being closed for the Lunar New Year holidays. In Tokyo, the Nikkei index gained 1.7%.

The yield on the ten-year US Treasury note, the market's benchmark, changed little on Wednesday morning, after posting its strongest gain in nearly a week on Tuesday. Investors continue to try to gauge the pace and magnitude of upcoming Fed interest rate hikes. Treasuries have stabilized in recent sessions after a volatile January that saw the yield on the ten-year note hit its highest level in two years, around 1.9%, before falling again. Investors are preparing for the start of a cycle of interest rate hikes by the Fed and an upcoming reduction in the US central bank's balance sheet.

The euro changed little on Wednesday morning against the greenback and traded around 1.1275 dollars. The single currency could accentuate its progress if the inflation figures in the euro zone exceed expectations, indicates Commerzbank. The ECB sees price pressures as temporary, but the higher inflation gets, the more central bankers will be concerned.

Oil futures rise Wednesday morning as investors await the meeting of OPEC+, a group comprising the Organization of the Petroleum Exporting Countries (OPEC) and ten allied nations led by Russia, and continue to watch geopolitical tensions around Ukraine. At around 7:15 a.m., the April North Sea Brent contract was taking 24 cents, at $89.40 a barrel. The March contract on Nymex-listed light sweet crude (WTI) was 26 cents at $88.46 a barrel.