While American President Donald Trump announced on Wednesday evening the establishment of 100% tariffs on chips and semiconductors imported into the United States, European stock markets are expected to open higher on Thursday. In addition, so-called “reciprocal” customs duties, which are in particular 15% for products from the European Union, come into force on Thursday.

Vaccine manufacturer Valneva announced on Thursday that the Food and Drug Administration (FDA), the American health authority, has lifted the suspension of the use of the Ixchiq vaccine, intended to prevent illness caused by the chikungunya virus, for people aged 60 and over.

Industrial laundry group Elis announced on Thursday that it has signed an agreement to acquire 100% of OCL Laudry Services Limited, which operates industrial laundry in western Ireland. Financial details and the timeframe for completing the transaction were not disclosed.

Around 7:40 a.m., the CAC 40 futures contract sold 0.2%, according to data from broker IG.

As US tariffs and corporate earnings continue to dominate the news, European equity futures were up this morning. According to data from broker IG, the DAX 40 futures contract in Frankfurt gained 0.7%, while the FTSE 100 futures contract in

US trading partners are putting pressure on the White House for exemptions from the new so-called “reciprocal” tariffs that come into effect today.

US President Donald Trump doubled tariffs on India to 50% on Wednesday due to his purchases of Russian oil. Donald Trump also said he would impose tariffs of around 100% on all microchips and semiconductors entering the United States, but would exempt technology companies that promised to manufacture domestically

The Bank of England's decision on its key interest rates is also in the spotlight today. Investors expect the BoE to lower interest rates by a quarter point to 4%.
The Fed could follow suit as early as next month. Minneapolis Federal Reserve Chairman Neel Kashkari said Wednesday that recent signs of a downturn in the U.S. economy have strengthened the case for lower interest rates “in the short term.”
In Europe, Allianz, Deutsche Telekom and Siemens published their quarterly results on Thursday.
In the United States, it is the pharmaceutical giant Eli Lilly who must take stock of its quarterly activity before the opening of Wall Street.
The American stock market ended higher on Wednesday, driven by Apple and despite mixed quarterly results and forecasts from large companies while commercial uncertainties persist. The Dow Jones index closed up 0.2%, at 44,193.12 points. The S&P 500 index rose 0.7% and the Nasdaq index, rich in technology stocks, rose 1.2% to 21,169.42 points.
In Asia, the Nikkei index on the Tokyo Stock Exchange rose by 0.6% on Thursday at the end of trading. The Shanghai Composite Index gained 0.1%, while the Hang Seng Index on the Hong Kong Stock Exchange rose by 0.6%.
In Japan, Toyota, Sony and Softbank published their quarterly results on Thursday.

The two-year stock rate was unchanged at 3.72%. The 10-year US Treasury bond rate rose by 2 basis points (0.02 percentage points), to 4.25%, around 7:40am

The greenback was stable against the Japanese currency, at 147.31 yen. The euro gained 0.1%, to 1.1671 dollars, around 7:40am.

The September contract for light sweet crude (WTI) listed on Nymex rose by 47 cents, or 0.7%, to 64.82 dollars per barrel. At around 7:40am, the October North Sea Brent contract listed in London gained 47 cents, or 0.7%, to $67.36