European equity markets should open in the green. The Eurostoxx 50 at 4,871.54 points (-1.45%), the CAC 40 at 7,500.26 points (-1.51%), the DAX 40 at 18,720.01 points (-1.49%), the FTSE 100 at 8,229.99 points (-1.45%), the CAC 40 at 8,229.99 points (-1.45%), the SMI at 11,934.07 points (-1.03%), the AEX at 897.55 points (-1.49%), the FTSE 100 at 8,229.99 points (-1.45%), the SMI at 11,934.07 points (-1.03%), the AEX at 897.55 points (-1.49%), the FTSE 100 at 8,229.99 points (-1.45%), the SMI at 11,934.07 points (-1.20%), the BEL 20 at 4.215.59 points (-0.88%), the IBEX 35 at 11,753.30 points (-0.21%), the DJIA at 42,063.36 points (+0.09%), the Nasdaq at 17,948.32 points (-0.88%), the IBEX 35 at 11,753.30 points (-0.21%), the DJIA at 42,063.36 points (+0.09%), the Nasdaq at 17,948.32 points (-0.88%), the S&P 500 at 5,702.55 points (-0.19%), and the Nikkei 225 at 37,723.91 points (+ 1.50%) (closing on September 20)

As for exchange rates, the change from the close shows that in New York, EUR/USD at 1.1165 (+0.01%), EUR/JPY at 161.06 (+0.24%), and USD/JPY at 144.25 (+0.23%).

The first Council of Ministers of the Barnier government will be held on Monday at 15:00. Michel Barnier said on Sunday that he intended to ask the richest taxpayers and businesses to make an increased effort to restore public finances, but not all French people. He was also worried about a possible loss of market confidence in France: “We must maintain France's credibility”.
On the statistical side, the provisional PMI indices for the month of September will appear at 9:15am.

As the Chinese central bank's lowering one of its benchmark rates reinforces hope for new measures to boost the world's second-largest economy, European equity markets are expected to open higher on Monday. At around 7:20am, the CAC 40 futures contract took 34.2 points, or 0.5%, according to data from the broker IG. The one on the DAX 40 gained 72.8 points, or 0.4%, and the one on the FTSE 100 gained 47.5 points, or 0.6%.

This morning, the markets will be watching the publication of provisional PMIs for September in the eurozone and its main member states, before those in the United States in the afternoon. In Asia, the Hang Seng Index gained 0.4% during trading on the Hong Kong Stock Exchange, while the Shanghai Composite gained 0.6%. The Tokyo Stock Exchange is closed on Monday due to a public holiday.
The Chinese central bank has cut one of its short-term key rates. It is injecting more liquidity into the financial system as part of its efforts to support the economy.

The New York Stock Exchange paused on Friday, but the rise in Intel and Nike shares allowed the Dow Jones Index to beat its previous all-time high set the day before.

The American equity market enjoyed renewed optimism last week after the sharp reduction (0.5 points) in Federal Reserve (Fed) rates, which supported technology stocks. For the whole week, the DJIA gained 1.6%, the S&P 500 gained 1.4% and the Nasdaq Composite, 1.5%.

US Treasury bond rates ended Friday's session almost flat. But after the publication of well-received economic indicators the day before, they remained close to their two-week highs. Last week, the 10-year US Treasury bond rate rose 7.8 basis points

The euro is stable against the dollar but is appreciating against the yen, like the greenback, this morning. While the prospect of further Fed rate cuts is already in, Maybank is counting on a rise in the dollar, while “those who play the lower dollar may get tired of it.” According to the financial intermediary, the greenback could also benefit from the better economic situation in the United States compared to the rest of the world. For the latter, “the markets are already aligned with the Fed and the ECB in terms of the trajectory of their monetary policy.”

While rising tensions in the Middle East could lead to supply disruptions, oil prices are rising this morning. Israel and Hezbollah accelerated their cross-border attacks on Sunday. Their leaders are threatening each other in a situation that is rapidly deteriorating. According to Samer Hans, an analyst at XS.com, geopolitical events in the Middle East are supporting oil prices. For the latter, there are more and more signs that a regional war on several fronts is inevitable.

At around 7:30am, the November contract on Brent traded in London gained 53 cents, at 75.02 dollars per barrel, while the contract of the same maturity on light sweet crude (WTI) listed on Nymex rose by 56 cents, to 71.56 dollars per barrel.