European stock exchanges are expected to open close to balance on Thursday, the day after the Fed decided to leave rates unchanged and under an avalanche of corporate results.

After recording a clear increase in its results during the first half of the year, Société Générale raised its annual forecasts on Thursday and announced a new share buy-back program.

The engine manufacturer and aeronautical equipment manufacturer Safran raised its objectives for 2025 on Thursday, after recording a marked increase in its results in the first half of the year, thanks to the strength of its civil engine services activities.

Crédit Agricole SA on Thursday reported revenues and net income slightly above analysts' expectations in the second quarter, and said it was confident in its ability to increase its profits this year excluding corporate tax surtax in France.

The engineering group for the energy industry Technip Energies raised its recurring gross operating surplus (Ebitda) margin forecast for its “products and services” (TPS) business for 2025 on Thursday, after reporting higher results in the first half of the year.

Accor, Air France-KLM, ArcelorMittal, Arkema, Ayvens, Bouygues, Ipsen, JCDecaux, Planisware, Planisware, Planisware, Sanofi, Sanofi, Sanofi, SES, Spie, URW and Veolia also published their accounts this Thursday morning before the opening of the stock exchange.

The electrical infrastructure specialist Legrand announced strong growth in results for the first half of 2025 on Thursday, driven in particular by very dynamic demand for data centers.

The electrical equipment manufacturer Schneider Electric confirmed its prospects for 2025 on Thursday, after an increase in its results in the first half of the year thanks in particular to electrification needs linked to the development of artificial intelligence (AI).

After the closing, it will be the turn of Coface, Euronext, Mersen, Saint-Gobain, Teleperformance, Viridien and Vivendi.
At around 7:40am, the CAC 40 futures contract was stable, according to data from

As traders look at a shower of corporate results, the Federal Reserve decision, and the latest macroeconomic data, futures on European equity markets predicted an opening close to breakeven on Thursday.

Around 7:40 a.m., the DAX 40 futures contract in Frankfurt gained 0.1%, while the FTSE 100 in London was stable, according to data from broker IG.

The Fed kept its key rates unchanged on Wednesday evening, and Fed Chair Jerome Powell kept all his options open for his next meeting in September, promising little while excluding nothing.

According to Leslie Falconio, head of fixed income strategy at UBS Global Wealth Management, “he doesn't see the point in rushing to cut rates.”

On the side of European companies, AB Inbev, BBVA, BMW, ING, Lufthansa, Shell, Standard Chartered”, Serif">On the side of European companies, AB Inbev, BBVA, BMW, ING, Lufthansa, Shell, Standard Chartered”,” “Serif">On the European business side, are due to publish their results on Thursday.

The New York Stock Exchange closed mostly lower on Wednesday after the status quo on rates from the Federal Reserve (Fed), which did not signal its willingness to relax its policy at its next meeting in September. The indices went into the red after the announcement that interest rates were still relatively restrictive, after being boosted at the start of the session by the good American growth figures in the second quarter. The Dow Jones index fell by 0.4% to 44,461.28 points, and the S&P 500 lost 0.2% to 6,362.90 points. The Nasdaq Composite recovered at the very end of the session to end up 0.2%, at 21,129.67 points.
In the United States, Amazon and Apple will provide an update on their latest quarterly results this Thursday evening after the close of Wall Street. For its part, Mastercard will reveal its results before the opening.

In Asia, the Nikkei index on the Tokyo Stock Exchange gained 1% on Thursday at the end of trading. The Shanghai Composite Index fell by 1%, while the Hang Seng of the Hong Kong Stock Exchange fell by 1.5%.

The two-year stock rate also dropped 2 basis points, to 3.93%. At around 7:40am, the 10-year US Treasury bond rate lost 2 basis points (0.02 percentage points), to 4.36%.

The greenback lost 0.5% against the Japanese currency, to 148.84 yen. Around 7:40 a.m., the euro recovered 0.3%, to 1.1435 dollars.

The September contract for light sweet crude (WTI) listed on Nymex fell by 7 cents, or 0.1%, to $67.28 per barrel. Around 7:40am, the September North Sea Brent contract listed in London lost 24 cents, or 0.3%, to 72.23