The Paris Bourse is set to start the day higher on Tuesday morning, in anticipation of an improvement in the PMI indices to be published later this morning by the German bank HCOB.

At around 8:15 a.m., the 'future' contract on the CAC 40 index - for delivery at the end of April - was up 30.5 points at 8013.5 points, a harbinger of an opening in positive territory.

However, investors should be wary of taking too many risks ahead of the publication of the PMI surveys, which will provide further information on the health of the Old Continent's economy.

The composite index for the eurozone, expected around 10:00 a.m., is forecast at 50.8 in April, still above the points indicating growth in activity, after coming in at 50.3 in March, its highest level in almost two years.

"Several signs of recovery have been visible in Europe in recent months", point out the teams at Oddo BHF.

A further rebound in the PMIs would confirm the beginnings of a recovery after several quarters of stagnation", stresses the private bank.

The markets were also buoyed by the solid close on Wall Street, which finally opted for the upside the previous day under the positive impact of a wave of cheap buybacks following last week's heavy fall.

By recovering 0.7%, the Dow Jones climbed back above the 38,000-point mark, while the S&P 500 climbed above the 5,000-point threshold, gaining 0.9%.

Apart from the release of the PMI indices, investors will have to digest a salvo of quarterly results from European companies, including the accounts of AkzoNobel, Novartis, Renault and OVHcloud.

Investors are also keeping a close eye on US 10-year government bond yields, which are falling timidly to around 4.62%.

The European bond market is also easing, with the German 10-year falling to 2.48%.

The euro lost a little ground against the dollar, at 1.0645, as the easing of tensions between Israel and Iran did not deter investors from safe-haven assets such as the dollar.

Oil prices were stable, with commodities keeping the wind in their sails in a geopolitical environment still deemed unstable.

While US light crude (West Texas Intermediate, WTI) is down 0.3% to $82.8, a barrel of Brent is trading around $87.2, up 0.3%.

For the time being, the main victims of the easing of geopolitical tensions are precious metals, with gold falling 1.1% to $2,320.7 an ounce.

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