The Bourses European markets are expected to open slightly lower on Friday, with investors making proof of caution in a geopolitical context that is still uncertain and in the face of valuation levels considered high at the start of the earnings season quarterly.

The Minister of the Economy, Roland Lescure, announced on Thursday that the Livret A rate would be lowered to 1.5% as of the 1st February, compared to 1.7% currently. This new rate is the result of the decrease in inflation, which stood at 0.8% in December over one year, according to data published on Thursday.

The railway equipment manufacturer Alstom has announced on Thursday evening the win of a contract worth 2.3 billion Canadian dollars (around 1.4 billion euros) from the commission of Toronto transport. It foresees the delivery of 70 new trains of subway and includes options for up to 150 additional trains, in according to needs.

The operator ADP airport announced Thursday evening that it had welcomed 379 million passengers in its network in 2025, an increase of 4.2% compared to 2024. At the Paris airports of Roissy-Charles de Gaulle and Orly, the Group welcomed 107 million passengers last year, a figure that is up by 3.4% compared to 2024.

The Group of studies by surveys Ipsos announced on Thursday evening the resignation of Didier Truchot from his duties as chairman of the board for health reasons.

Around 7:45am, the CAC 40 futures contract lost 0.2%, according to IG broker data.

Index futures Europeans moved lower on Friday morning, in the wake of the markets asians.

Around 7:45 a.m., the DAX 40 futures contract in Frankfurt lost 0.4% while the one on the FTSE 100 in London fell by 0.1%, according to the data from the broker IG.

La New York Stock Exchange closed higher on Thursday, driven by statistics encouraging on the employment front and by improving values technological after their fall back the day before. The Dow Jones Index rose 0.6% Thursday, at 49,442.44 points, and the S&P 500 gained 0.3%, to 6,944.47 points. The Nasdaq Composite, rich in technological stocks, has limited its growth at the end of the session to end up 0.3%, at 23,530.02 points.

On Wednesday, Nasdaq recorded its worst day in a month, the investors worried about high valuations in the sector technological and regulatory aspects. However, the index rebounded on Thursday, driven by the announcements of the semiconductor manufacturer TSMC, which raised its investment forecasts at 56 billion dollars in 2026.

“Far from the AI cycle running out of steam, TSMC confirms that The wave of investments is still accelerating,” comments John Plassard, investment director at Cité Gestion.

En Asia, the Tokyo Stock Exchange lost 0.2% on Friday at the end of trading. The Stock Exchange of Shanghai lost 0.3% while the Hang Seng in Hong Kong fell by 0.5%.

At around 7:45am, the 10-year US Treasury bond yield gave way 1 basis point (0.01 percentage point), at 4.17%. The bond rate for two Years also fell by 1 basis point, to 3.57%.

La On Wednesday, France successfully issued its first bond by syndication of the year by raising 10 billion euros for a new bond equivalent to the Treasury (OAT) at 20 years. Demand reached 106 billion euros, according to Agence France Trésor.

This show highlights the appetite of investors for bonds European countries while the gross supply of bonds in the eurozone should reaching an all-time high this year.

“It seems that there is a lot of fresh cash ready to be deployed on the eurozone bond market in general”, pointed out Jussi Hiljanen, chief interest rate strategist at Bank SEB.

At around 7:45am, the euro was stable against the greenback, at 1.1601 dollars.

Les Oil futures ebb on Friday as the probability of a The conflict between the United States and Iran has subsided. American President Donald Trump said Wednesday night that Iran had stopped killing protesters anti-regime and would not execute people accused of trying to overthrow the government.

Around 7:45 a.m., the March contract on North Sea Brent listed at London fell by 25 cents, or 0.4%, to $63.51 per barrel. The contract In February, on soft light crude (WTI) listed on Nymex, dropped 20 cents, or 0.3%, to 58.89 dollars per barrel.

Oil prices should evolve within a narrow range, except in the event of a recovery marked by Chinese demand or the appearance of a “bottleneck” major” in physical flows from Russia and the Middle East, said Priyanka Sachdeva, an analyst at Phillip Nova.