Equity markets should try to rally at the open. The Eurostoxx 50 opens at 3,651.39 points (-3.04%), the CAC 40 at 6,207.20 points (-2.83%), the DAX 40 at 13,442.10 points (-2.93% ), the FTSE 100 at 7,099.09 points (-1.27%), the SMI at 11,391.10 points (-0.89%), the AEX at 671.85 points (-2.39%), the BEL 20 at 3,847.08 points (-0.97%), IBEX 35 at 8,069.30 points (-1.15%), DJIA at 33,174.07 points (-0.34%), Nasdaq at 13,129.96 points (-0.95%), the S&P 500 at 4,259.52 points (-0.43%) and the Nikkei 225 at 25,162.78 points (-2.05%).

On the exchange rate side, the variation compared to the close in New York indicates that the EUR/USD opens at 1.1008 (+0.16%), the EUR/JPY at 128.28 (+ 0.53%) and USD/JPY at 116.55 (+0.36%).

The stock market operator Euronext announced Thursday evening a recomposition of the SBF 120 index in France, with the arrival in the index of the perfumery group Interparfums and the real estate company Altarea. No value, however, leaves the SBF 120. These changes will be effective from the session of March 21, 2022, Euronext said in a press release. The composition of the CAC 40 index remains unchanged.

The Bolloré group on Thursday published sharply higher results in 2021, driven by the good operational performance of its transport and logistics activities in Africa and by Vivendi. The Rubis petroleum product distribution and storage group, for its part, announced results and an increased dividend for 2021, driven by the resumption of its activities, and confirmed its intention to accelerate its development in renewable energies.

European equity markets are expected to open slightly higher on Friday, after their sharp decline the day before, as the war in Ukraine and inflation remain the main concerns for investors. At 7:45 a.m., the CAC 40 futures contract gained 29.5 points, or 0.5%, according to data from broker IG Markets. The contract on the DAX 40 gained 50 points, or 0.4%, and that on the FTSE 100 rose by 42 points, or 0.6%.

The New York Stock Exchange ended lower on Thursday after the collapse of ceasefire talks in Ukraine and the announcement of a new inflation peak in the United States in February which pushed yields higher. bonds to their peaks for the year. All three major indices, however, closed above their lows for the session. Consumer prices in the United States jumped 7.9% in February year on year, in seasonally adjusted data, the US Department of Labor announced on Thursday.

The core index, which excludes food and energy prices, rose 6.4% last month from February 2021. Inflation figures released on Thursday set the stage for a rise rates of 25 basis points next week, says Bank of America. The main Asian stock markets fell on Friday. The Nikkei index closed down 2.1% on the Tokyo Stock Exchange. At the end of the session, the Hang Seng lost 1.5% on the Hong Kong Stock Exchange and the Shanghai Composite index lost 0.4%.

The yield on the ten-year Treasury bond fell back below 2%. At 7:15 a.m. Friday, it was at 1.973%. The rate for this benchmark fell a little on Thursday after the release of inflation data in the United States, before rebounding and exceeding 2% to reach its highest level since February 16. The recent decline in this yield has been attributed to risk aversion sparked in global markets by the war in Ukraine, but that mood has changed this week as investors focus on plans to hike interest rates. interest of the Fed in fighting inflation.

The euro appreciated Friday morning against the dollar and the yen. The greenback is also gaining ground against the Japanese currency. According to TD Securities, the euro should strengthen against the pound sterling as the European Central Bank (ECB) catches up with the Bank of England (BOE) by signaling that it will tighten its monetary policy faster than expected.

Oil futures are little changed Friday morning as Russia downplays the severity of U.S. sanctions on its crude exports, according to SSY Futures.

The rise in the dollar has also had a negative effect on oil prices, adds SSY. As of 7:15 a.m., the May contract on Brent North Sea crude was up 21 cents, at $109.51 a barrel, while the April contract on Nymex-listed light sweet crude (WTI) was up 34 cents, 106, $36 a barrel.