While corporate publications punctuate the session on Tuesday, October 25, 2022, European stock exchanges are hesitant. Thus, the Eurostoxx 50 opens at 3,527.79 points (+1.47%), the CAC 40 at 6,131.36 points (+1.59%), the DAX 40 at 12,931.45 points (+1.58%), the FTSE 100 at 7,013.99 points (+0.64%), the SMI at 10,595.53 points (+1.70%), the AEX at 653.54 points (+0.17%), the BEL 20 at 3,495.19 points (+1.35%), the IBEX 35 at 7,680.50 points (+1.79%), the DJIA at 31,499.62 points (+1.34%), the Nasdaq at 10,952.61 points (+0.86%), the S&P 500 at 3,797.34 points (+1.19%) and the Nikkei 225 at 3,797.34 points (+1.19%) and the Nikkei 225 at 27,281.70 points (+1.14%).

As for exchange rates, the change from the close in New York indicates that EUR/USD was 0.9881 (+0.06%), EUR/JPY at 147.10 (-0.03%), and USD/JPY at 148.88 (-0.09%).

The pace of periodic corporate publications is accelerating on Tuesday, including third-quarter results from Orange, Vinci, Air Liquide and M6. Michelin, Worldline, Plastic Omnium and Interparfum present their sales figures for the same period, while Rémy Cointreau publishes his income for the first half of his staggered fiscal year. In addition, Edenred unveils its new strategic plan on Tuesday.

Investors' attention is focused on the results published by European banks HSBC and UBS on Tuesday, while accounts of tech giants Microsoft and Alphabet, Google's parent company, are expected after the close of Wall Street. The main European equity markets are expected to change little at the opening on Tuesday, after gaining ground the previous day in response to the appointment of Rishi Sunak as Prime Minister of the United Kingdom. At 7:35, the CAC 40 futures contract gave up 3 points, or 0.04%, according to data from the IG Markets broker. The DAX 40 contract fell by 6 points, or 0.05%, and the FTSE 100 contract fell by 3.8 points, or 0.05%.

This week is particularly busy with business results. Among the most anticipated publications in the United States are those from Apple, Amazon.com, Meta Platforms, Boeing, and Coca-Cola. In Europe, Airbus, the automakers Mercedes Benz and Volkswagen, the energy groups TotalEnergies and Shell, and the banks Deutsche Bank, Barclays and Credit Suisse will also unveil their quarterly results later in the week. Alongside its results, Credit Suisse is due to unveil a strategic plan that the market has been eagerly awaiting on Thursday.

On Monday, Wall Street gained ground, after the release of weaker-than-expected economic indicators in the United States, reviving the hypothesis that monetary tightening by the Federal Reserve (Fed) would ease. The Dow Jones index increased 1.3%, the S&P 500 increased 1.2%, and the tech-dominated Nasdaq index rose by 0.9%.

American indices had already benefited from a marked relaxation in bond yields on Friday as a result of speculation that the Fed's restrictive monetary policy would ease. Central bank officials are set to raise interest rates by 75 basis points again next week, but are expected to discuss whether to proceed with more moderate hikes thereafter, the Wall Street Journal reported on Friday.

Major Asian stock exchanges presented a mixed landscape on Monday. While the Nikkei index gained 1.1% late in trading in Tokyo, the Hang Seng was close to balance in Hong Kong following its biggest percentage drop since 2008. Shanghai Composite grabs 0.1%.

Operators focusing on the Federal Reserve's (Fed) efforts to contain inflation after recent political events in the United Kingdom. However, US Treasury bond yields fell on Tuesday morning.

On the foreign exchange market, the euro stabilized against the dollar on Tuesday morning. The single currency has risen over the past three sessions, thus departing from the lowest in 52 weeks, at 0.9596 dollars, reached on 27 September. However, the euro is still down 15% in 52 weeks against the greenback. At 7:35am, the euro was trading at 0.9876 dollars, up 0.01%.

Oil futures changed little on Tuesday morning, while supply issues remained the focus of attention. According to ANZ analysts, operators should continue to monitor tensions in the physical oil market, given constraints such as European Union sanctions against Russian oil. ANZ says that maritime deliveries of Russian oil fell to their lowest level in five weeks during the seven-day period that ended on October 21.

Around 7:25am, the December North Sea Brent contract lost 1 cent to $93.25 per barrel, while the same maturity contract for sweet light crude (WTI) traded on Nymex increased by 7 cents to $84.65 per barrel.