As markets begin a crucial week in terms of the trade war launched by the United States against all of its trading partners, European stock markets are expected to start trading on Monday in the red.

The hydrocarbon exploration and production group Maurel & Prom announced on Monday that it had received a notification from the Office in charge of Foreign Assets Control (OFAC) within the US Treasury Department, informing it that the specific license granted in May 2024 for its activities in Venezuela had been cancelled.

Singapore-based aircraft leasing company BOC Aviation said on Monday that it had ordered 70 A320neo family aircraft from European aircraft manufacturer Airbus.

The holding company Vivendi announced on Saturday that it had reached an agreement with the Italian postal group Poste Italiane for the sale of 15% of the ordinary shares and voting rights of the Italian telecom operator TIM.

Vaccine manufacturer Valneva announced on Monday that it has submitted a request to extend the indication of its chikungunya Ixchiq vaccine to the British health agency, Medicines and Healthcare products Regulatory Agency (MHRA).
Around 7:45am, the CAC 40 futures contract was down by 0.9%, according to data from broker IG.

At the beginning of the week, European equity futures predicted declines, following a wave of sales in Asian markets amid continuing concerns about deteriorating business conditions. According to data from broker IG, the DAX 40 futures contract in Frankfurt fell by 0.9%, while that on the FTSE 100 in London was down

The New York Stock Exchange ended sharply lower on Friday. The Dow Jones Index (DJIA) ended up down by 1.7%, to 41,583.90 points, while the S&P 500 dropped nearly 2%, to 5,580.94 points. For its part, the Nasdaq index, rich in technology stocks, fell by 2.7% to 17,322.99 points.
In Asia, the Nikkei index on the Tokyo Stock Exchange fell by 3.9% on Monday around 7:25am. The Shanghai Composite Index lost 0.8% at the end of the session, while the Hang Seng lost 1.5% on the Hong Kong Stock Exchange

President Donald Trump spent most of the last week playing down expectations about his April 2 reciprocal tariff plan. But in recent days, Donald Trump has been pushing his team to be more aggressive, according to the Wall Street Journal, encouraging them to develop plans that would apply higher tariff rates to a wider set of countries. The latter reinforced this discourse on Sunday evening, declaring that it would target “essentially all” of the United States' trading partners with tariffs in one way or another.
The average US tariff rate in 2025 is expected to increase by 15 percentage points, 5 percentage points more than expected, according to Goldman Sachs forecasts. “We continue to think that the risk associated with the April 2 tariffs is greater than many market participants had previously assumed,” Goldman Sachs said.

The rate of the two-year US Treasury bond fell by 6 basis points, to 3.86%, around 7:45am, while that of the 10-year stock fell by 3 basis points (0.03 percentage point), to 4.21%.

The greenback fell by 0.6% against the Japanese currency, to 148.98 yen. Around 7:45am, the euro rose by 0.1% to 1.0837 dollars.

The May contract for soft light crude (WTI) listed on Nymex lost 31 cents, or 0.5%, to $68.59 per barrel. While the one at the same maturity on North Sea Brent listed in London sold 30 cents, or 0.4%, to 72.46 dollars per barrel, around 7:45am