While investors are assimilating the latest events on the tariff front and waiting for statistics on inflation in the United States, European stock markets are expected to open hesitantly on Tuesday. Emmanuel Macron will be the guest on the TF1 channel on Tuesday from 8:10pm for a special program called “The challenges of France”. The President of the Republic will answer questions from several personalities on a range of topics including pensions, public finances and international issues, TF1 said. On the occasion of this program, Emmanuel Macron could announce the organization of a referendum. On the corporate side, following a bond issue in two instalments, the telecommunications operator Orange announced on Monday evening that it had raised 1.5 billion euros. The group has placed 750 million euros in 5-year bonds at a fixed rate of 2.75% and 750 million euros in 10-year “sustainable” bonds with an annual coupon of 3.6%. While Trigano will present its results for the first half of its fiscal year, Bénéteau and Eiffage will publish their first-quarter sales after the market closes on Tuesday. At around 7:40am, the CAC 40 futures contract lost 0.1%, according to data from broker IG. At the opening on Tuesday, European equity markets should stabilize, after their sharp rise on Monday thanks to the easing of Sino-American trade tensions. At around 7:40am, the DAX 40 futures contract in Frankfurt rose by 0.1%, while the FTSE 100 in London lost 0.3%, according to data from broker IG. The New York Stock Exchange closed sharply higher on Monday in the wake of technology and industrial stocks, which took full advantage of the commercial relaxation between the United States and China. The Dow Jones index rose 2.8% to 42,410.10 points, and the S&P 500 gained 3.3% to 5,844.19 points. The Nasdaq Composite, rich in technology stocks, jumped 4.4% to 18,708.34 points. In the technology sector, Amazon jumped 8.1%, Apple took 6.3% and Nvidia 5.4%. On the car manufacturer side, Tesla shares rose 6.8%, GM rose 4.4% and Ford gained 2.6%. According to the White House website, the suspension announced on Monday of most of the reciprocal customs duties put in place by Washington and Beijing will take effect at midnight, New York time, on the night of Tuesday to Wednesday, or 6 am in Paris. As of May 14, and for a negotiation period limited to 90 days, American customs duties on Chinese products will thus increase from 145% to 30% while those imposed by Beijing on American products will be reduced from 125% to 10%. This decrease does not include American tariffs on steel and aluminum or those on vehicles. Investors will examine on Tuesday the consumer price index in the United States for the month of April, which will be published at 14:30 (Paris time). Economists polled by the Wall Street Journal expect an inflation rate of 2.4% over one year, as in March. Excluding food and energy, they expect an inflation rate of 2.8%, also unchanged from the previous month. In Asia, the Nikkei index on the Tokyo Stock Exchange rose by 1.8% on Tuesday at the end of trading. The Shanghai Composite Index gained 0.2%, while the Hang Seng of the Hong Kong Stock Exchange lost 1.5%. The two-year bond yield fell 3 basis points to 4.01%. Around 7:40 a.m., the 10-year US Treasury bond yield fell 1 basis point to 4.46%. The greenback lost 0.4% against the Japanese currency, at 147.84 yen. Around 7:40 a.m., the euro rose by 0.2%, to 1.115 dollars. The June contract for light sweet crude (WTI) listed on Nymex fell by 8 cents, or 0.1%, to $61.87 per barrel. At around 7:40am, the July contract for North Sea Brent traded in London sold 10 cents, or 0.2%, to 64.87 dollars per barrel.