The Paris Bourse began the session on a negative note on Tuesday morning, as the Tokyo Stock Exchange interrupted its upward sequence and awaited the resumption of trading on Wall Street following a long weekend. The CAC40 index fell by 0.6% to 7368 points.

The session is likely to be busier than the previous day on the equity markets, with Wall Street reopening after the three-day weekend of 'Martin Luther King Jr. Day' weekend.

The CAC ended yesterday's session down 0.7% at 7411 points, dropping back below its intermediate resistance of 7450 points in particularly limited volumes, with barely two billion euros traded.

Futures contracts on the New York Stock Exchange's benchmark indices are currently suggesting a recovery in the red.

Unsurprisingly, Donald Trump won the Republican primary in Iowa yesterday, consolidating his status as the Grand Old Party's front-runner for the November presidential election.

Investors will be paying particular attention to the pre-market results of Goldman Sachs and Morgan Stanley, two banking giants whose statements will be closely watched because of their weight in the US economy.

In Europe, the ZEW index of German investor sentiment was published. It again recorded a slight increase in the current January 2024 survey. At 15.2 points, it is 2.4 points higher than the December 2023 value.

In Asia, the Tokyo Stock Exchange finished down 0.8% on Tuesday, having hit a 34-year high the previous day, i.e. since March 1990, against a backdrop of solid economic fundamentals and the good health of Japanese companies.

In a sign of investors' reduced appetite for riskier assets, the dollar, considered a safe haven, rallied against the euro, which fell back to 1.09.

On the bond market, the yield on ten-year US Treasury bonds stood at 3.95%. The German equivalent stands at 2.23%.

Oil prices are consolidating modestly after last week's sharp rise due to tensions in the Red Sea, where Houthi rebels are disrupting the passage of ships through this maritime channel.

Brent crude nibbles 0.2% to $78.8 a barrel, while US light crude (West Texas Intermediate, WTI) is stable at $73.1.

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