At the opening, European equity markets should remain well oriented. The Eurostoxx 50 is at 3,749.35 points (+0.91%), the CAC 40 at 6,523.44 points (+0.52%), the DAX 40 at 13,700.93 points (+1.23%), the FTSE 100 at 7.507.11 points (+0.25%), the SMI at 11,155.10 points (+0.20%), the AEX at 724.27 points (+1.02%), the BEL at 20 3.837.90 points (+0.70%), the IBEX 35 8,352.80 points (+0.49%), the DJIA at 33,309.51 points (+1.63%), the Nasdaq at 12,854.80 points (+2.89%), the S&P 500 at 4,210.24 points (+2.13%) and the Nikkei at 225 27,819.33 points (-0.70%)

Regarding exchange rates, the change from the close in New York mentions that the EUR/USD at 1.0287 (-0.13%), the EUR/JPY at 136.99 (+0.09%) the USD/JPY at133.18 (+0.21%)

This year, biotech company Valneva lowered its sales forecast. However, in the first half of the year, the company recorded a larger than expected loss. The biotech recorded a loss of 171.5 million euros compared to a net loss of 86.4 million euros a year ago. On Wednesday evening, one of the divisions of construction and concessions group Vinci warned of a deal to acquire most of its information technology (IT) services. Services of the German company Kontron AG, which is specialized in the field of connected objects in Europe.

On the European stock market investors continued to react to the latest data on inflation in the United States and the announcement of the resumption of oil transport through Russian pipelines to Central Europe, which had been interrupted. Stocks are therefore expected to continue their advance in early trading on Thursday. At 7:40 a.m., the CAC 40 futures contract was up 18.1 points, or 0.3%, according to data from broker IG Markets. The DAX contract was up 56.9 points, or 0.4 percent, and the FTSE 100 was up 14.3 points, or 0.2 percent.

The New York Stock Exchange closed sharply higher on Wednesday after reports of slowing inflation in the U.S., which could prompt the Federal Reserve (Fed) to adopt a less restrictive policy than expected in the coming months. U.S. indices closed at their highest levels since early May. In Asia, equity markets gained ground on Thursday. The Shanghai Composite was up 1.2 percent during the session and the Hang Seng Index of the Hong Kong Stock Exchange was up 1.8 percent. The Tokyo Stock Exchange is closed for a public holiday.

After their decline on Wednesday, U.S. Treasury yields were little changed on Thursday in Asia. The announcement of a slightly lower than expected inflation in the United States in July reinforced the assumption of a more moderate monetary tightening next month, which had the effect of bringing the inversion of the yield curve to its lowest level in five years.

In the foreign exchange market, the euro gave up some ground Thursday morning against the dollar but appreciated against the yen, as did the greenback. The dollar weakened Wednesday and the ICE Dollar Index saw its biggest decline since June. The index fell in session to its lowest level since March 2020.

Futures ended Wednesday up more than 1%, erasing their decline after the release of U.S. Department of Energy data. On Thursday, crude oil futures were down during the Asian session, likely due to easing global supply concerns as Russia's Transneft resumed oil deliveries through the Ukrainian section of the Druzhba pipeline, according to ANZ. At around 7:20 a.m., the Nymex-listed September crude contract was down 41 cents at $91.52 a barrel, while October Brent crude was down 37 cents at $97.03 a barrel.