At the opening, European equity markets should continue to rise. The Eurostoxx 50 opens at 3,846.56 points (+3.18%), the CAC 40 at 6,556.83 points (+1.96%), the DAX 40 at 14,146.09 points (+3.51%), the FTSE 100 at 7,375.34 points (+1.08%), the SMI at 11,120.49 points (+1.98%), the AEX at 700.65 points (+1.08%), the SMI at 11,120.49 points (+1.98%) (+3.45%), the BEL 20 at 3,671.80 points (+1.79%), the IBEX at 8,133.20 points (+1.15%), the DJIA at 33,715.37 points (+3.70%), the Nasdaq at 11,114.15 points (+7.35), the S&P 500 at 3,956.37 points (+5.54%) and the Nikkei 225 at 28.263.35 57 points (+2.98%).

In terms of exchange rates, the change from the close mentions that in New York, EUR/USD is at 1.0221 (+0.12%), EUR/JPY at 144.63 (+0.51%) and USD/JPY at 141.52 (+0.38%).

Teleperformance stock will be watched by investors today. Trading in Teleperformance shares will resume when the Paris Stock Exchange opens.

On the morning of Thursday on Euronext, Teleperformance requested to suspend the trading of its stock “following the sales movement caused by the announcement made in some media by the Colombian Vice Minister of Labor of his decision to open a control over the working environment in its Colombian subsidiary.”

Before its suspension, the share fell by 33.9% to 175.95 euros. The Deputy CEO of Teleperformance, Olivier Rigaudy, said Thursday evening during a conference call with journalists that “This drop in shares is disproportionate and not justified by the facts.” On November 11, a holiday, no economic indicators are due to be published. Consumer prices in the United States increased by 7.7% year on year in October, compared with 8.2% in September, according to the announcement by the US Department of Labor on Thursday.

In Asia, stock markets are rising strongly today. The Shanghai Composite gained 2.2%, the Hang Seng Index jumped 7.4% in Hong Kong at the end of the session. The Nikkei index on the Tokyo Stock Exchange finished up 3%.

For “Veterans Day”, the US bond market will be closed today. After the announcement of a sharper than expected slowdown in inflation in October, US Treasury bond rates fell significantly on Thursday. Just before a holiday in the United States, very strong demand for government bonds caused the biggest rebound in 2- and 10-year bonds in at least 13 years.

On inflation from Société Générale, “You can't draw too many conclusions from a single report.” Traders in the federal funds futures market estimated an 85% chance that the Fed would raise its key rate by 50 basis points on December 14, bringing it to a range of 4.25% to 4.50% after Thursday's inflation report.

This Friday, the euro appreciated against the dollar and the yen. Compared to the Japanese currency, the greenback also has some ground. After the release of October inflation figures in the United States, the dollar weakened on Thursday. According to Oanda, “The dollar king has capitulated” because these statistics support the scenario of a moderation in Fed rate hikes. For him, “The market reaction to these figures has been a bit excessive but it could be justified if the next inflation data is as favourable.”

Crude Oil futures rose today.

The December contract for soft crude (WTI) traded on Nymex increased by $1.79 to $88.26 per barrel. On the other hand, the January North Sea Brent contract earned $1.83, at $95.50 per barrel. According to a note from SPI Asset Management, crude prices are benefiting from a reprieve linked to the weakening of the dollar and a clear reassessment of the risk of recession in the United States, with a soft landing now appearing much more credible if the Fed's path of rate hikes moderates.