The Paris Bourse is set to open higher on Wednesday morning, following positive trends in Asia and on Wall Street, as political risk eases slightly ahead of a busy weekend.

At around 8:15 a.m., futures on the CAC 40 index - July delivery - were up 52 points at 7,732, pointing to a green start to the session.

Given the light economic agenda for the session, markets should take a break today before embarking on a much more frantic weekend.

On Friday, investors will be keeping a close eye on the release of the PCE price index, a measure of inflation particularly closely watched by the Fed.

Market operators will also be paying close attention to tomorrow's first televised debate between Joe Biden and Donald Trump in the run-up to November's presidential election.

In France, the high ratings of the RN and Nouveau Front Populaire in the polls ahead of Sunday's first round of parliamentary elections continue to fuel a certain climate of nervousness.

Elections are always a point of attention, but in the absence of any new information or changes in the polls, they have little immediate effect on the market", explains Christopher Dembik, Investment Strategy Advisor at Pictet AM.

In Asia, the Tokyo Stock Exchange was up 1.3% on Wednesday as the close approached, boosted by the yen's decline and the Nasdaq's rise the previous day.

After three sessions of decline, the American technology-weighted index recovered 1.3% thanks to a technical rebound by Nvidia.

The manufacturer of AI processors gained nearly 6.8% last night, wiping out half its losses of almost a week.

The improvement continued in the bond market, with the spread between French OAT and German Bund yields narrowing slightly to 76 basis points.

On the US market, the yield on 10-year Treasuries eased back below 4.24%, but seems to have been stuck in a range between 4.22% and 4.26% for the past six days.

On the energy front, crude oil prices remain on an upward trend as we await this afternoon's release of figures from the US Energy Information Agency (EIA).

Brent North Sea crude is up 0.5% to $85.4 a barrel, while WTI Texas crude is up 0.6% to $81.3 a barrel.

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