By Pauline Foret

(Reuters)-Wall Street is expected to decrease on Friday while European scholarships are digging their losses at mid-session, with the exception of the British footsia which evolves slightly, investors being cautious before PCE inflation data in the United States.

Futures in New York indices report an opening of Wall Street in small decreases, indicating a decline of 0.08% for the Dow Jones, by 0.12% for the Standard & Poor’s-500 and 0.25% for the NASDAQ.

In Paris, the CAC 40 lost 0.61% to 7,941.63 points around 11:21 GMT. In Frankfurt, the Dax fell by 0.66% and in London, the FTSE 100 rises by 0.11%.

The Eurostoxx 50 index is down 0.58%, the FTSEURofirst 300 by 0.34%and the Stoxx 600 of 0.34%.

The global markets are under pressure this Friday, still accusing the shock wave caused by the customs duties imposed on Wednesday by Donald Trump on the automotive sector.

Investors are now awaiting the decision of the American president on so -called “reciprocal” customs duties, expected for April 2.

“What I do not know is if we will see the same type of aggressiveness in wider customs duties that will be announced next week as in customs duties in the automotive sector, and this cuts off risk,” said Michael Metcalfe, chief of macro strategy at State Street.

Prudence also reigns in Wall Street before the publication, at 12:30 p.m. GMT, figures from PCE inflation for February. Analysts await a price increase of 2.5% over a year – as in January – and 2.7% for the PCE “Core” index. The values ​​to follow at Wall Street

Lululemon announced Thursday to anticipate an annual profit and turnover lower than expectations, citing the slowdown in demand in a context of economic uncertainty and tariff war.

Values ​​in Europe

On the other side of the Atlantic, Ubisoft gained 8.7% after having announced the creation of a subsidiary for its most efficient brands in which the Chinese giant will invest 1.16 billion euros for a 25% stake.

RATE

American yields retreat before the figures for PCE inflation.

The rate of ten -year -old treasuries gives 3.9 pb to 4.3303%, while the two years fell 1.0 pb to 3.9878%.

In Europe, the yield of the German Bund at ten years lost 5.3 pb to 2,7220% and the two years 2.9 pb to 2.0370%.

Changes The Euro is falling a little on Friday after several macroeconomic indicators in the European block and faced with the economic risks of a tariff war, while the dollar is strengthening pending data from PCE inflation.

The greenback takes 0.11% against a basket of reference currencies, while the euro yields 0.28% to 1.0771 dollars.

OIL

Oil prices are on the way to sign a weekly increase for the third consecutive week while the United States intensified the pressure exerted on Iran and Venezuela. The fears that Washington’s customs duties weigh on demand, however, slow down the trend.

Brent yields 0.2% to $ 73.88 per barrel and American light crude (West Texas Intermediate, WTI) 0.2% to 69.78 dollars.

Metals

Gold reached a record level this Friday, the tariff war launched by Donald Trump’s customs duties pushing investors to take refuge in “refuge” assets.

The gold spot gained 0.65% at 3.075.36 $ dollars after touching a higher at 3,086.21 dollars.

Main economic indicators at the March 28 agenda:

Pays GMT indicator previous consensus period

USA 12:30 p.m. Inflation PCE Feb. +0.3% +0.3%

– over one year +2.5% +2.5%

USA 2:00 p.m. feeling indicator of March 57.9 57.9*

The University of Michigan

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(Written by Pauline Foret, edited by Blandine Hénault)

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