European markets are expected to continue to fall in the face of growth concerns. The Eurostoxx 50 at 3.514.32 points (-0.99%), the CAC 40 at 6,031.48 points (-0.90%), the DAX 40 at 13,003.35 points (-1.73%), the FTSE 100 at 7,312.32 points (-0.15%), the SMI at 10,811.75 points (+0.02%), the AEX at 666.57 points (-0.36%), The Nasdaq at 11,177.89 points (-0.03%), the S&P 500 at 3,818.83 points (-0.07%) and the Nikkei 225 at 26,440.23 points (-1.36%).

As for the exchange rate, the change compared with the close in New York indicates that EUR/USD opens at 1.0456 (+0.13%), EUR/JPY at 142.75 (+0.11%), and USD/JPY at 136.54 (-0.02%).

European equity markets are expected to continue to fall on Thursday, as investors remain focused on central bankers' words, while fearing that accelerating inflation could weigh on the global economy. Around 7:30am, the CAC 40 futures contract fell 56 points, or 0.9%, according to data from the broker IG Markets, the DAX 40 contract fell by 102 points, or 0.8%, and the FTSE 100 contract dropped 66 points, or 0.9%.
On Wednesday, Wall Street finished in a scattered manner amid concerns about the global economic outlook. The Dow Jones Index (DJIA) closed higher by 0.3%, at 31,029.31 points. The expanded S&P 500 index and the Nasdaq index, which is rich in tech stocks, fell just under 0.1%, to 3,818.83 points and 11,177.89 points respectively. In Asia, equity markets presented a mixed picture on Thursday, with encouraging indicators in China supporting the Shanghai stock exchange, while the Tokyo stock exchange fell in reaction to the release of disappointing figures on Japan's industrial production. The Nikkei index thus lost 1.4% at the end of the session in Tokyo, while the Shanghai Composite won 1.5%. In Hong Kong, the Hang Seng advanced by 0.4%.

Penalized by the downward revision of the United States gross domestic product (GDP) for the first quarter, US Treasury bond yields fell their largest in a week on Wednesday, ending three consecutive sessions of increase. In a note published after the release of the GDP figures, JPMorgan believes that it is “reasonable to consider the possibility of the United States and/or the global economy going into recession this year.”

The euro returned to color on Thursday morning, after falling sharply against the dollar the day before.
Recession fears seem to be strengthening, CMC Markets believes following the downward revision of the US GDP figures and the announcement of an increase in the GDP deflator, which signals a sharp slowdown in growth.

Oil futures rose on Thursday, taking advantage of low inventories and supply.
In the United States, inventories at the Cushing terminal fell by 1.35 million barrels over the past two weeks, bringing the total quantity of barrels to 21.26 million barrels, the lowest since October 2014, ING reports. In addition, Iran's nuclear talks do not seem to be making much progress, indicating that Tehran's oil supply will not change in the short term. At 7:20am, the September North Sea Brent contract won 28 cents, at $112.73 per barrel. The August contract for mild mild crude oil (WTI) listed on Nymex was worth 16 cents, at $109.94 per barrel.