European equity markets are expected to move little while waiting for the ZEW index in Germany. Thus, the Eurostoxx 50 stood at 4,097.65 points +0.20%, the CAC 40 at 6,543.56 points +0.43%, the DAX 30 at    15,677.15 points -0.10% and the FTSE 100 at  7,077.22 points +0.12%. The SMI recorded 11,630.66 points +0.52%, AEX  718.61 points -0.22%, BEL 20  4,109.46 points +0.54% and IBEX 35, 9,163.60 points +0.83%. As for DJIA, it scores 34,630.24 points -0.36%, the Nasdaq, 13,881.72 points +0.49%, the S&P 500          , 4,226.52 points -0.08% and finally Nikkei 225 falls to  28,970.76 points -0.17%.

Exchange price at 06:50

Variation from closing in New York

EUR/USD currency at  1.2182   -0.07%, EUR/JPY at  133.27   +0.07% and USD/JPY trade at  109.41   +0.13%

In France, investors will follow April's foreign trade figures on Tuesday. On the corporate side, steelmakers ArcelorMittal and Aperam bring their shareholders together at a general meeting. On Monday evening, EDF announced that it had given up on restarting its Dungeness B nuclear power plant in the south-east of England due to persistent technical problems.

Airbus said it  had delivered 50 aircraft and recorded seven new orders in May. These deliveries bring to 220 the number of aircraft shipped in the first five months of the year, during which time the group recorded 94 gross orders.

In a letter to shareholders published in anticipation of the general meeting on June 30, Gianbeppi Fortis, Chairman of the Management Board of Solutions 30, indicates that "one of the first decisions of the conciliator dated June 3, 2021 was to mandate Didier Kling, the President of the National Chamber of Financial Advisors and Experts, to support the search for a new auditor and facilitate the transition with EY".

On the equity market, major European markets are expected to start the session near balance on Tuesday, as investors await several leading economic data, including Germany's ZEW leading indicator.

At 7:30 am, the futures contract on the CAC 40 gained 1.8 points, or 0.03%, according to data from the broker IG Markets. The DAX 30 contract was down 20 points, or 0.1%, while the FTSE 100 contract was down 3 points, or 0.05%.

The wait-and-see attitude prevails on Tuesday as investors assess the outlook for the global economy, supply chain difficulties and high equity valuations. Inflation expectations have eased in recent days, but investors remain alert to statements by Federal Reserve (Fed) officials to determine whether the central bank could reduce its monetary support measures. which have fuelled the recovery in equity markets. They are also awaiting the release of the U.S. consumer price index in May on Thursday.

In this context, Wall Street finished in scattered order on Monday. The Dow Jones Index (DJIA) ended down 0.4% at 34,629.19 points. The broader S&P 500 index lost less than 0.1% to 4,226.46 points. The Nasdaq Composite rose 0.5% to 13,881.72 points.

Investors will be watching Germany's Industrial Production figures for April on Tuesday, ahead of the ZEW Index of sentiment among financial analysts and institutional investors in that country. According to investors polled by the Wall Street Journal, German industrial production is expected to have risen 0.4% in April, after a 2.5% rise in March. The ZEW index could reach 85 in June, after 84.4 in May. The May level was a more than 20-year high for the index. In the United States, trade balance figures for April are expected at 2:30 p.m.

In Asia, the main stock indexes fell on Tuesday, in the wake of Wall Street. In Tokyo, the Nikkei index fell 0.2% at the end of the session, despite an upward revision to Japan's gross domestic product (GDP) in the first quarter.

According to revised data released by the government, the Japanese economy contracted by 3.9% in annualized terms in the first three months of 2021. The contraction in Japanese GDP was initially estimated at 5.1%.

On bond markets, U.S. Treasury yields fell on Tuesday morning. At 7:30 a.m., the yield on the ten-year Treasury bill, the market's benchmark security, was trading at 1.561%, against 1.573% on Monday night.

Findable corporate bond issues are expected to rise ahead of the European Central Bank's (ECB) monetary policy decision on Thursday, JPMorgan said.

The average volumes on the investment-grade corporate debt market in euros stood at around €45 billion in June. The range in recent years, however, is wide, ranging from 20 billion euros in 2015 to 76 billion euros in 2020, JPMorgan analysts point out.

On the foreign exchange market, the euro is showing a slight decline against the dollar on Tuesday morning, while foreign exchange traders are waiting for the inflation figures in the United States to be published on Thursday. At 7:30 a.m., the single currency was trading at $1.2181, down 0.1%.

These last two months, inflation figures have exceeded expectations across the Atlantic, due to rising commodity prices and shortages in some markets, IG says. As investors remain concerned about the level of inflation and its impact on monetary policy, the U.S. Consumer Price Index will be the main event of the week for markets, IG adds.

Finally,  with commodities,  oil contracts are down Tuesday morning, after the announcement of a drop in Imports from China to their lowest level in the last five months, says Oanda. Weak demand in China could reflect a slowdown in oil purchases from the country's refineries in order to solve an overcapacity problem, the broker adds. The market also remains focused on discussions on Iran's nuclear program, he added.

At 7:20 a.m., the August contract on North Sea Brent lost 53 cents, to $70.98 a barrel, while the July contract on light sweet crude (WTI) listed on the Nymex fell 46 cents, to $68.77 a barrel.