PARIS (Reuters) - The main European stock markets, supported in particular by energy, rebounded on Friday morning after three straight sessions in the red, but the session could once again be volatile with the publication of major US bank results.

In Paris, the CAC 40 gained 1.11% to 7,469.31 points around 09:00 GMT. In London, the FTSE 100 advanced by 0.75% and in Frankfurt, the Dax gained 0.85%.

Wall Street futures forecast near-stability for the Dow Jones and Standard & Poor's 500, while the Nasdaq could slip back 0.13% on the heels of an already mixed session.

Expectations of rate cuts by the major central banks, which triggered a stock market rally at the end of 2023, have been partially challenged by the latest inflation data.

Consumer price inflation (CPI) accelerated in France in December, to 4.1% year-on-year, in data harmonized to European standards (HICP). Figures for the eurozone as a whole will be published next Wednesday, but the preliminary estimate showed that inflation in the bloc picked up last month on a year-on-year basis (+2.9%).

However, Christine Lagarde, President of the European Central Bank (ECB), said on Thursday evening that if the battle against inflation was won, then rates would come down, believing that they had probably reached their peak.

In the United States, the market is awaiting statistics on producer prices (PPI), scheduled for 13:30 GMT, the day after the publication of the CPI, which also showed an acceleration in December (+3.4% year-on-year).

The quarterly and annual reports of major US banks such as Citigroup, JPMorgan, Wells Fargo and Bank of America are also awaited, as their earnings are expected to show a decline in the last three months of 2023 against a backdrop of rising provisions.

On the stock market, the positive trend was driven by the energy sector (+1.19%), which benefited from fears of further escalation in the Middle East following strikes by the United States and Great Britain against the Houthis in Yemen in retaliation for their attacks in the Red Sea.

On the value side, Airbus gained 2.22% after reporting on Thursday a record number of aircraft orders for 2023, enabling it to retain its number-one position in the sector for the fifth year running.

Casino was volatile after shareholders and creditors gave the green light to the heavily indebted group's rescue plan.

Burberry plunged 7.24%, as the luxury group warned that its annual results would be lower than its previous forecasts.

(Written by Claude Chendjou, edited by Kate Entringer)