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OF Morning Brief

03/09/2025
Source : ORISHAS FINANCE
Categories: General Information

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Before the publication of a series of indicators by And others in the Atlantic, European stock exchanges should open lightly Rise on Wednesday. Investors are also waiting for the publication of the Book Beige from the Federal Reserve (Fed) in the evening.

The Eramet mining group announced the appointment of Abel Martins-Alexandre as the new CFO as of 15 September.

The Canal+ group announced on Tuesday evening that it was entered into exclusive negotiations with UGC to take a stake minority in the French audiovisual producer and distributor before a full takeover in 2028.

The metal recycling specialist Derichebourg on Tuesday lowered its forecasts for the fiscal year that will end at the end of September, due to the high tariffs maintained by the United States and the falling commodity prices.

At around 7:40am, the CAC 40 futures contract gained 0.3%, according to data from IG broker.

Around 7:40 a.m., the DAX 40 futures contract at Frankfurt rose by 0.2%, while the one on the FTSE 100 in London was almost stable, according to data from the broker IG.

While the horizon remains uncertain on the front of trade and monetary policy, the New York Stock Exchange closed in fell on Tuesday after a long weekend in the United States.

The Dow Jones Index fell 0.6% to 45,295.81 points, and the S&P 500 fell by 0.7% to 6,415.54 points. The Nasdaq Composite, rich in technological stocks, dropped 0.8%, to 21,279.63 points.

Investors estimate the chances of almost 90% of a quarter-point cut in Fed rates on September 17, according to the CME FedWatch consensus. However, this week they will be attentive to a series of data on the labour market in order to validate this scenario and to adjust their expectations for the coming months.
On the business side, Google, a subsidiary of Alphabet, has avoided major sanctions for its practices in the online search market in United States. A judge has in fact prohibited Google from entering into agreements of exclusivity, but spoke out against a forced split of its browser Chrome and other radical measures requested by the Ministry of Justice American.
In a decision issued on Tuesday evening, district judge Amit P. Mehta Reported that Google could not pay to be the search engine exclusive on devices and browsers, but it authorized the company to continue to make payments for the distribution of its products, affirming that a ban on these agreements would harm beneficiaries such than Apple.
In Asia, the Nikkei index of the Tokyo Stock Exchange fell by 0.9% on Wednesday of session. The Shanghai Composite Index lost 1.1%, while the Hang Seng of The Hong Kong Stock Exchange was down 0.7%.

The two-year stock exchange rate increased by 2.1% basis points, at 3.67%. The US Treasury bond rate at ten ans gained 2.9 basis points, to 4.29%, around 7:40 a.m.

The greenback gained 0.2% against the currency Japanese, at 148.61 yen. Around 7:40am, the euro lost 0.1% to 1.1629 dollars.

The October contract on Light sweet crude (WTI) listed on Nymex lost 16 cents, or 0.2%, to 65.43 dollars per barrel.
Around 7:40 a.m., the November contract on North Sea Brent listed in London fell 17 cents, or 0.3%, to $68.97 per barrel

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