European stock exchanges are expected to open in decline on Monday, as the American president threatens the European Union with 30% tariffs as of August 1 if the United States and the EU do not reach an agreement.

The European Commission announced on Friday evening that it had identified shortcomings on the part of the diversified Vivendi group in connection with its takeover of Lagardère in 2023. The European executive accuses Vivendi of having taken de facto control of Lagardère before obtaining the green light from the competition authorities for this acquisition.

Real estate company Covivio raised its recurring net income target for 2025 on Monday, after recording constant revenue growth in the first half of the year.

The IT services group Atos announced Sunday evening that its total liquidity position was estimated at 1.80 billion euros at the end of June, down 374 million euros compared to the end of December 2024.

At around 7:40am, the CAC 40 futures contract lost 0.3%, according to data from broker IG.

At the start of a new week, equity market futures in Europe were down.

Around 7:40 a.m., the DAX 40 futures contract in Frankfurt fell by 0.4%, while the FTSE 100 in London was stable, according to data from broker IG.

US President Donald Trump is pushing for minimum tariffs of 15% to 20% on imports from the European Union. Donald Trump gave the EU until August 1 to sign an agreement, otherwise he would impose tariffs of 30%

EU member states are pressing the European Commission to prepare powerful new measures to fight back against American businesses, beyond retaliatory tariffs on goods, if a deal cannot be reached by the August 1 deadline.

Corporate earnings will be the focus of attention this week, which should provide an opportunity to observe the effects of Donald Trump's tariffs on prices and the economy.
The European Central Bank's monetary policy meeting on Thursday will be one of the highlights of the week. Interest rates are expected to remain the same after seven consecutive declines.

As for European companies, Ryanair is due to publish its annual results for its 2025-2026 financial year on Monday.
In the United States, Verizon is due to release its second-quarter results on Monday.

The New York Stock Exchange finished in scattered order on Friday after a positive week after good economic indicators and more optimistic business forecasts. The Dow Jones index closed down 0.3% to 44,342.19 points. The S&P 500 index ended up almost unchanged, at 6,296.79 points, and close to its record set the day before. The Nasdaq, rich in technological values, for its part, nibbled 0.05% and snatched a new record at 20,895.66 points.
In Asia, the Tokyo Stock Exchange is closed on Monday. In China, the Shanghai Composite Index rose by 0.6% at the end of the session, while the Hang Seng on the Hong Kong Stock Exchange rose 0.3%.

In China, Beijing on Monday left its preferential loan rates unchanged in July, a decision largely anticipated. The one-year prime rate is still 3% and the five-year prime rate is still 3.5%.

The two-year stock rate was 3.88%. The 10-year US Treasury bond rate was 4.42% on Sunday.

The greenback lost 0.4% against the Japanese currency, to 148.30 yen. Around 7:40am, the euro recovered 0.1% to 1.1634 dollars.

The August contract for soft light crude (WTI) listed on Nymex gained 6 cents (+0.1%), to $63.99 per barrel. At around 7:40am, the September contract for North Sea Brent traded in London gained 29 cents, or 0.4%, to 69.58