European equity markets expected to rise, Asian stock markets are rising. The Eurostoxx 50 opened at 4,155.73 points (-0.39%), the CAC 40 at 6,686.17 points (-0.29%), the DAX 40 at 15,472.56 points (-0.32%), the FTSE 100 at 7,190.30 points (-0.45%), the SMI at 12,039.14 points (+0.22%), the AEX at 807.64 points (+0.27%), the BEL 20 at 4,197.20 points (-0.57%), the IBEX 35 at 8,944.30 points (-0.82%), the DJIA at 35,603.08 points (-0.02%), the Nasdaq at 15,215.70 points (+0.62%), the S&P 500 at 4,549.78 points (+0.30%) and the Nikkei 225 at 28,821.86 points (+0.39%).

As far as the exchange rate is concerned, the change from the close in New York indicates a rise in currency peers. EUR/USD opened at 1.1628  (+0.01%), EUR/JPY at 132.58   (+0.02%) and USD/JPY at 114.02 (+0.01%).

The media and publishing group Vivendi reported higher revenue in the third quarter for its main canal+ and Havas divisions, while that of Editis remained almost stable.  On Friday, Air Liquide announces its third quarter results, while Rémy Cointreau, Renault, ADP and Klépierre present their quarterly revenues. On the macroeconomic side, the provisional PMIs for October will be released at 9:15 a.m. Economists polled by the Wall Street Journal expect the manufacturing and services sector indices to decline to 54 and 55.5, respectively, from 55 and 56.2 in September.

European equity markets are expected to open higher on Friday, in the wake of the rise in Asian stock markets. Investor confidence was boosted by the announcement that the troubled Chinese group Evergrande would pay interest to international bondholders just before a deadline. At 7:10 a.m., the CAC 40 futures contract gained 41.7 points, or 0.6%, according to data from broker IG Markets. The CONTRACT on the DAX was up 56 points, or 0.4%, and the FTSE 100 contract was up 26 points, or 0.4%.

The New York Stock Exchange ended broadly higher on Thursday, bringing the S&P 500 index to a new all-time high amid optimism after strong corporate results. The Dow Jones Index (DJIA) closed almost flat, at 35,603.08 points weighed down by the decline in IBM shares. The broader S&P 500 index gained 0.3%, reaching a new all-time high of 4,549.78 points. The Nasdaq Composite rose even more sharply, gaining 0.6%, to 15,215.70 points. The S&P 500 index recorded its seventh consecutive session of gains on Thursday. At the end of the session on Friday morning, the Nikkei index of the Tokyo Stock Exchange gained 0.4%, the Hang Seng of the Hong Kong Stock Exchange rose 0.4% and the Shanghai Composite Index gained 0.1%.

US government bond yields are trading little Friday morning, after rising on Thursday, as U.S. jobless registrations fell last week to 290,000, its lowest level since March 2020. In addition, operators have begun to incorporate a higher annual pace of consumer price increase for the rest of the year in the United States. At around 07:15, the rate on the ten-year US government bond fell by 1.6 basis points to 1.687%. The rise in yields included the five-year yield, which exceeded 1.2% and takes into account the Fed's forecast of a future rate hike cycle, which could begin next year. The two-year stock rate hit a new 52-week high, while the ten-year stock rose to a level not seen since May.

The euro is almost stable Friday morning against the dollar and the yen, and the greenback is little changed against the Japanese currency, while the rise in Asian equity markets reinforces the risk appetite of traders. The Turkish lira could decline further in the coming year as Turkish President Recep Tayyip Erdogan continues to pressure the central bank to ease monetary policy, Capital Economics reports. The financial intermediary expects the Turkish lira to fall to $10.5 at the end of the year, from $9.4180 currently.

Oil futures are falling Friday morning, due to profit-taking after crude hit multi-year highs, analysts say. At 7:25 a.m., the December Contract for North Sea Brent lost 41 cents to $84.20 a barrel. The contract of the same maturity on light sweet crude (WTI) listed on the Nymex was down 29 cents, at $ 82.21 per barrel.