European stock exchanges are expected to start in scattered order in what promises to be a busy week. The Eurostoxx 50 opened at 4,894.86 points (+0.35%), the CAC 40 at 7,934.17 points (+0.09%), the DAX 40 at 17,735.07 points (+0.32%), the FTSE 100 at 7,682.50 points (+0.35%), the FTSE 100 at 7,682.50 points (+0.35%), the SMI at 11,493.92 points (+0.48%), the AEX at 854.10 points (+0.32%), the FTSE 100 at 7,682.50 points (+0.35%), the FTSE 100 at 7,682.50 points (+0.35%), the SMI at 11,493.92 points (+0.48%), the AEX at 854.10 points (+0.67%), the BEL 20 at 3,698.82 points (+1.02%), the IBEX 35 at 10,064.70 points (+0.63%), the DJIA at 39,087.38 points (+0.23%), the Nasdaq at 16,274.94 points (+1.14%), the S&P 500 at 5,137.08 points (+0.80%), and the Nikkei 225 at 40. 109.23 points (+0.50%

As for exchange rates, the change from the close indicates that in New York, the EUR/USD is at 1.0844 (+0.03%), the EUR/JPY at 163.00 (+0.13%), and the USD/JPY at 150.32 (+0.13%), the EUR/JPY is at 163.00 (+0.16%), and the USD/JPY at 150.32 (+0.13%).

On Friday evening, the construction materials producer Saint-Gobain announced that it had signed an agreement to sell its treated wood products business in Ireland and the United Kingdom to the Finnish group Iivari Mononen. The amount of the transaction was not disclosed. Saint-Gobain said in a statement that “the assets sold include two production sites in Ireland and the United Kingdom, which generated a turnover of 50 million euros in 2023 and employ 80 people”.
S&P Global Ratings has awarded Plastic Omnium a long-term “BB+” credit rating with a

While the world's stock markets are setting a string of records and the attention of investors is focused on China, where the plenary sessions of the Parliament begin on Monday, on Monday, European equity markets are expected to open in scattered order on Monday. According to data from the broker IG, the FTSE 100 contract fell by 15 points, or 0.2%, while the one on the while the one on the DAX 40 gained 17 points, or 0.1%. The CAC 40 futures contract took 10 points, or 0.1% as well, around

Leaders expressed confidence in the country's growth prospects on the first day of the annual sessions of the Chinese Parliament. They indicated that, unlike in previous years, President Xi Jinping would not hold a press conference at the end of this event, scheduled for March 11. over the weekend the Chancellor of the Equiker, Jeremy Hunt indicated that in the United Kingdom, the government is preparing to unveil a “prudent and responsible” budget a few months before the parliamentary elections.
The attention of European investors is opposed to the European Central Bank (ECB), which will announce its monetary policy decision on Thursday. While a status quo on rates is widely anticipated, the markets will be attentive to the press conference by President Christine Lagarde in search of indications on the possible date of the first cut in interest rates.
On the political front, investors will be watching for the outcome of “Super Tuesday”, a key stage in the race for the American presidential election. The day will be marked by the organization of primaries in fifteen American states and could definitively kill the suspense on the inauguration of Donald Trump and Joe Biden by their respective camps.
Wall Street continued to rise on Friday, as gains in the tech sector propelled the S&P 500 and Nasdaq Composite indexes to new historic highs. The Dow Jones Index (DJIA) gained 0.2% to 39,087.38 points, and the expanded S&P 500 index gained 0.8% to 5,137.08 points. The Nasdaq Composite, rich in technological stocks, also beat its record the day before by climbing 1.1% to 16,274.94 points. The Nikkei index crossed the 40,000 point threshold on Monday for the first time since its creation in Asia. The Tokyo Stock Exchange's flagship index rose 0.5% to 40,109.23 points.
In China, the Chinese markets presented a mixed picture. The Hang Seng lost 0.3% at the end of the session in Hong Kong, while the Shanghai Composite Index gained 0.2%.

Deutsche Bank notes that global bond markets will be focused on a number of key events this week, including the plenary sessions of the Chinese Parliament, Australia's fourth-quarter gross domestic product (GDP) on Wednesday, and the monetary policy meeting ; silence from the European Central Bank (ECB) on Thursday. According to the bank, it will be necessary to watch for possible new fiscal easing measures in China, which could support investor morale in all markets

At the start of a week marked by the ECB's monetary policy meeting, the euro is trading little against the dollar this morning. The single currency gained 0.04% to 1.0845 dollars at 7.30 am

Despite the OPEC+ decision, oil futures are not changing much this morning. According to Yoshimasa Maruyama, market economist at SMBC Nikko Securities, the continuation of these production cuts was widely anticipated and is not a surprise. OPEC+ has reached a collective agreement to extend voluntary production cuts until the end of June, limiting global oil supply for an additional quarter. Saudi Arabia, the United Arab Emirates, Kuwait and Algeria accepted these measures, which are in addition to previous cuts in their production quotas to be maintained until the end of 2024

The April contract on soft light crude (WTI) traded on Nymex lost 13 cents to $79.84 per barrel, while the May contract on North Sea Brent lost 2 cents to $83.53 per barrel.