Pending the resumption of Russian gas deliveries, European markets are expected to continue their rebound this Wednesday. The Eurostoxx 50 opens at 3,587.44 points (+2.15%), the CAC 40 at 6,201.22 points (+1.79%), the DAX 40 at 13.308.41 points (+2.69%), the FTSE 100 at 7,296.28 points (+1.01%), the SMI at 11,122.08 points (+1.02%), the AEX at 689.47 points (+1.23%), the BEL 20 at 3.790.11 points (+1.05%), the IBEX 35 at 8,125.10 points (+2.03%), the DJIA at 31,827.05 points (+2.43%), the Nasdaq at 11.713.15 points (+3.11%), the S&P 500 at 3,936.69 points (+2.76%), and the Nikkei 225 at 27,629.44 points (+2.48%).

The change from the close in New York shows EUR/USD opening at 1.0246 (+0.17%), EUR/JPY at 140.40 (+0.03%), USD/JPY at 138.01 (-0.14%)

Carrefour announced last Tuesday that it had signed an agreement to sell its 60% stake in Carrefour Taiwan to the Uni-President group.

Virbac's sales growth is estimated at 5% to 10% in organic terms in 2022.

At 7:40 a.m., the CAC 40 futures contract was up 14 points, or 0.2%, according to data from broker IG Markets. The DAX 40 contract was up 58 points, or 0.4 percent, and the FTSE 100 was up 38 points, or 0.5 percent.

In the United States, Wall Street rebounded on Tuesday, supported by good corporate results and the decline of the dollar. The Dow Jones Industrial Average (DJIA) closed up 2.4% and the broader S&P 500 index gained 2.8%. The Nasdaq Composite advanced 3.1%.

Netflix lost 970,000 paid subscribers in the second quarter, well below the 2 million forecast communicated to the market. For the current quarter, the platform also expects to gain 1 million subscribers.

The Hang Seng gained 1.3% in Hong Kong and the Shanghai Composite gained 0.6%.

The PBOC kept the one-year loan prime rate at 3.70% and the five-year loan prime rate, the benchmark rate for mortgage loans, at 4.45%.

U.S. Treasury yields rose Tuesday as investors watched for rising rates in the euro zone ahead of the ECB's monetary policy decision Thursday.

Recession fears have been offset so far by earnings reports from banks, but investors continue to watch for any signs of cutbacks in investment that may be betrayed by quarterly results from other companies.

The euro continued its rebound against the dollar Wednesday. By 7:40 a.m., the euro was trading 0.1 percent higher at $1.0240.

Oil futures retreated Wednesday after the American Petroleum Institute (API) reported a rise in U.S. crude and gasoline inventories. Investors are also awaiting the next meeting of the Opec+, which includes the Organization of the Petroleum Exporting Countries (Opec) and ten allied countries led by Russia, which is scheduled for August 3.

By 7:30 a.m., the September contract for North Sea Brent crude was down 88 cents at $106.47 a barrel. The Nymex-listed light sweet crude (WTI) contract for the same time frame was down $1, at $99.74 a barrel.