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OF Bulletin du matin

22/07/2022
Categories: General Information

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Today, equity markets are expected to hesitate at the opening, worried about the economic situation. The Eurostoxx 50 opened at 3,596.51 points (+0.31%), the CAC 40 at 6,201.11 points (+0.27%), the DAX 40 at 13,246.64 points (-0.27%), the FTSE 100 at 7.270.51 points (+0.09%), the SMI at 11,134.74 points (+0.68%), the AEX at 704.61 points (+1.47%), the BEL 20 at 3.759.97 points (-0.37%), theIBEX 35 at 8,012.70 points (-0.20%), the DJIA at 32,036.90 points (+0.51%), the Nasdaq at 12,059.61 points (+1.36%), the S&P 500 at 3,998.95 points (+0.99%), and the Nikkei 225 at 27,910.28 points (+0.39%). As for the change from the close in New York, it shows the EUR/USD at 1.0185 (-0.44%), the EUR/JPY at 140.32 (-0.13%), and the USD/JPY at 137.77 (+0.31%).

A controlling shareholder of Christian Dior SE and LVMH, Agache announced last night a plan to convert to a limited partnership with shares.

Today, European equity markets are expected to struggle to gain momentum. At around 7:40 a.m., the CAC 40 futures contract was down 14.3 points, or 0.2%, according to data from broker IG Markets. The DAX 40 contract was giving up 35 points, or 0.3%, and the FTSE 100 contract was up 6.3 points, or 0.1%.

The New York Stock Exchange rose for the third straight session yesterday, helped by another round of strong corporate results, including from Tesla, and an easing in bond yields.

In Asia, equity markets were mixed on Friday. The Nikkei index of the Tokyo Stock Exchange gained 0.4% at the end of the session. The Hang Seng was up 0.2% in Hong Kong, while the Shanghai Composite was down 0.2%.

U.S. Treasury yields rose on Friday, after posting their biggest decline in three to five weeks on Thursday, as traders assessed signs of a slowing U.S. economy.

At around 7:20 a.m., the yield on the 10-year Treasury note was up about 2 basis points to 2.899 percent. The 2-year bond was up 4 basis points to 3.138%.

The euro lost ground Friday morning against the dollar and the yen, while the dollar appreciated against the Japanese currency.

Oil prices are gaining ground Friday morning, after losing around 3% on Thursday, due to fears of lower demand.

At around 7:20 a.m., the September contract for North Sea Brent crude was up $1.17 at $105.03 a barrel, and the same term for Nymex-listed light sweet crude (WTI) was up $1.02 at $97.35 a barrel.

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