PARIS (Reuters)-Wall Street is expected to fall while Europe is progressing at mid-session pending the next Donald Trump announcements on customs duties that the United States should set up.

Futures in New York indices suggest an opening of Wall Street in the red, the Dow Jones appearing to decrease by 0.4%, while the Standard & Poor’s 500 declines by 0.29%and the NASDAQ of 0.19%.

In Paris, the CAC 40 increased from 0.73% to 7,847.68 points around 11:00 am GMT. The Dax in Frankfurt is strengthened by 0.96%, while the FTSE in London advances 0.59%.

The pan -European FTSEUROFIRST 300 index takes 0.81%, the Eurostoxx 50 wins 0.83%and the Stoxx 600 grows by 0.89%.

The American markets remain cautious before April 2, “Liberation Day” which must mark the announcement of new “reciprocal” customs rights against the trade partners with which the United States displayed its most important deficits.

The form and extent of these new customs duties remain unknown, as is the margin of negotiation that the White House will leave to its business partners.

According to the Washington Post, which quotes a White House working document, the majority of American imports would be imposed on customs duties of approximately 20%, which would make it possible to finance massive tax cuts.

Investors are also concerned about the recessionist impact of these measures and the ISM Manufacturer indicator, expected during the session, will make it possible to gauge the feeling of industrial actors.

In the opposite euro zone, the markets salute the latest inflation figures which confirm that the price dynamics return under the control of the European Central Bank (BCE).

“There is clearly a risk of increase in inflation, in particular because of customs duties, but it is very likely that this pricing ‘shock’, if it occurs, will be temporary,” writes Christophe Boucher, director of investments at Abn Amro Investment Solutions.

“Although recent economic indicators are rather positive for the euro zone, the ECB should not see a reason to stop its cycle of drop in rates, as some more restrictive governors suggest.”

The values ​​to follow at Wall Street

Values ​​in Europe Solutions30 takes 6.16% after reporting an increase in its profits in 2024 and confirmed its objectives for 2026.

Ubisoft fell 5.1%, the group’s project to create a new unit housing three of its most popular franchises continuing to weigh on action.

The supplier of construction materials Travis Perkins announced on Thursday stable profits this year, lower than analysts’ expectations, which dropped its shares by 6.1%, at their lowest level for more than 15 years.

Schneider Electric increased by 1%, HSBC having gone to “keep” to “buy” on the value.

RATE

The yields fall after encouraging indicators in the euro zone, which hope to hope for new drops in the BCE rate, while uncertainty around the next American announcements benefits these assets. The yield of the German ten years fell from 6.5 pb to 2.664%, that of the rate at two years loses 2.6 pb to 2%.

The ten -year -old Treasury yield declines from 8 bp to 4.1651%, while the two -year title yield abandons 4.9 pb to 3.8626%.

Changes

The exchange markets vary shortly before the next American announcements around customs duties.

The dollar decreases 0.04% against a basket of reference currencies, the euro crosses 0.19% to 1.0796 dollars, and the pound sterling lost 0.09% to 1.2907 dollars.

OIL

The barrel is slightly increasing, the markets incorporating the risks posed by the American commercial policy and the possible implementation of additional sanctions against Russian oil.

Brent increased by 0.31% to $ 75 per barrel, the American light crude (West Texas Intermediate, WTI) increases from 0.32% to $ 71.71.

(Written by Corentin Chappron, edited by Tangi Salaün)

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