While American President Donald Trump will send letters on Monday specifying the customs tariffs applicable by country, European stock exchanges are expected to list in scattered order on Monday at the opening.

The digital services group Capgemini announced on Monday that it had signed a definitive agreement to acquire digital transformation, business and services specialist WNS for an amount before debt of 3.3 billion dollars (about 2.8 billion dollars). euros).

The electrical infrastructure specialist Legrand announced on Monday the acquisition of two new companies, Amperio Project in Switzerland and Quitérios in Portugal, bringing to five the number of acquisitions announced since the beginning of the year.

Getlink published its traffic figures for the month of June on Monday

Around 7:40 a.m., the CAC 40 futures contract was up 0.2%, according to data from broker IG.

After the Trump administration announced that tariffs against U.S. trading partners would not take effect until next month, rather than Wednesday, July 9 (i.e. when the 90-day pause period expires), futures contracts on European equity markets are moving in scattered order this morning.

At around 7:40 a.m., the DAX 40 futures contract in Frankfurt gained 0.2%, while the FTSE 100 in London fell by 0.2%, according to data from broker IG.

U.S. Commerce Secretary Howard Lutnick, accompanying the President of the United States on a trip, assured Sunday that “tariffs will take effect on August 1, but the president is setting the rates and agreements right now.” Donald Trump later signalled his agreement with these remarks.
Donald Trump said Sunday evening that a dozen letters or more could be sent this week, and that the letters will be delivered starting at noon on Monday. The recognition by Donald Trump and his team that they would be sending letters instead of making deals by the July deadline marks a change in mindset. So far, the administration has only reached a trio of deals, and some of them lack crucial details.
In Asia, the Nikkei index on the Tokyo Stock Exchange lost 0.6% on Monday at the end of trading. The Shanghai Composite Index was stable, while the Hang Seng fell by 0.2% on the Hong Kong Stock Exchange

The two-year stock rate also dropped 2 basis points to 3.87%. At around 7:40am, the 10-year US Treasury bond rate was down 2 basis points to 4.34%.

The greenback gained 0.4% against the Japanese currency, at 145.06 yen. Around 7:40am, the euro lost 0.1% to 1.1769 dollars.

After a larger increase in production than expected by OPEC+, oil futures fell this morning. The Organization of Petroleum Exporting Countries and its allies announced on Saturday that it would increase production by 548,000 barrels per day in August. According to Stan Majcher, portfolio manager at Hotchkis & Wiley, the “price of crude oil will increase as the market realizes that it is difficult to over-supply the market other than in the short term

The August contract for soft light crude (WTI) listed on Nymex sold 1 cent (-0.02%), at 62.66 dollars per barrel. Around 7:40 a.m., the September contract for North Sea Brent traded in London lost 26 cents, or 0.4%, to 68.04