European equity markets are expected to fall at the dawn of what promises to be a very busy week. The Eurostoxx 50 opens at 4,109.10 points with an increase of 1.23%, the CAC 40 at 6,568.82 points (+1.35%), the DAX 30 at 15,669.29 points (+1.00 %), the FTSE 100 at 7,027.58 points (+0.85%), the SMI at 12,130.83 points (+1.28%), the AEX at 749.42 points (+1.41%), the BEL 20 at 4,230.56 points (+0.28%), the IBEX 35 at 8,717.20 points (+1.11%), the DJIA at 35,061.55 points (+0.68%), the Nasdaq at 14,836.99 points (+1.04%), the S&P 500 at 4,411.79 points (+1.01%) and the Nikkei 225 at 27,843.88 points, up 1.07%.

Regarding the exchange rate, the variation compared to the close in New York indicates that the EUR/USD appears at 1.1780, up 0.07%. EUR/JPY opened at 129.99 down 0.11% and USD/JPY at 110.36 down 0.18%.

European equity markets are set to open lower on Monday at the start of a week that will be marked by numerous corporate results on both sides of the Atlantic, as well as the Federal Reserve's monetary policy meeting. (Fed). At 7:45 a.m., the CAC 40 futures contract lost 37 points, or 0.6%, according to data from broker IG Markets. The DAX 30 contract was down 87 points, or 0.6%, and the FTSE 100 contract was down 38 points, or 0.5%. This week will be the most important in terms of results for the past quarter. In the United States, the five technological giants - Alphabet, the parent company of Google, the online distributor Amazon.com, the manufacturer of the iPhone Apple, the social network Facebook and the software publisher Microsoft - publish all their results , which could determine the trajectory of the markets. In Europe, the banks BNP Paribas, Deutsche Bank, Banco Santander, Credit Suisse, Barclays and Lloyds Banking Group, as well as the luxury groups LVMH, Kering and Hermès will also engage in the exercise. The accounts of many other companies, including pharmaceutical companies Pfizer, Merck, GlaxoSmithKline and Sanofi, are also expected this week.

On the front of economic indicators, investors will follow the IFO business climate index in Germany on Monday, as well as sales of new homes in the United States. At the end of the week, the data on growth and inflation in the euro zone as in the United States will be carefully scrutinized by the markets at a time when these regions are undergoing a new epidemic wave. Separately, U.S. lawmakers on Sunday sought to finalize a deal on U.S. President Joe Biden's infrastructure plan, but ran into a dispute over public transit funding, which could delay their goal. to submit the bill to the vote of the Senate at the beginning of the week. Last week, Republican senators obstructed Democrats' efforts to begin consideration of the roughly $1 trillion infrastructure bill, calling the move rushed. Wall Street for its part broke new records on Friday, rising for the whole week thanks to solid corporate results which relegated fears about the health situation to the background. Exceeding 35,000 points for the first time in its history, the Dow Jones Index (DJIA) gained 0.7% to 35,061.55 points. The S&P 500 ended up 1% at 4,411.79 points. The Nasdaq Composite gained 1% to 14,836.99 points. In Asia, the markets evolve in a dispersed order. If in Tokyo, the Nikkei index gained 0.9% at the end of the session, the Hang Seng of the Hong Kong Stock Exchange fell 3.4%, weighed down by technology stocks after new regulatory problems for Tencent. The Shanghai Composite also lost 3.4%.

The yield on the ten-year US Treasury note continued its decline on Monday morning, at 1.256%. Lindsey Bell of Ally Invest points out that a drop in this benchmark rate since the beginning of the month would normally bode badly for the wider market, but the fact that the Fed is very actively buying Treasuries to support the Economics demands closer examination. The Fed will announce its monetary policy decision on Wednesday at 8:00 p.m., before a press conference by its chairman, Jerome Powell.

The euro progressed Monday morning against the greenback, but remained below the threshold of 1.18 dollars. At 7:45 a.m., the single currency was trading at 1.1783 dollars. As the time draws nearer when the Federal Reserve decides to scale back its asset purchases, David Jones, head of market strategy at European trading platform Capital.com, points out that markets may not be prepared for the withdrawal of monetary support measures.

Oil prices retreated on Monday as concerns over the spread of the Delta variant of the coronavirus continued to weigh on trade. The rapid spread of the variant could lead to further local lockdowns and hamper economic recovery, Commerzbank believes. The recent agreement reached by the Organization of the Petroleum Exporting Countries (OPEC) and its allies on an increase in oil production is also a bearish factor for crude in the short term, but it should not affect prices in any way. significant due to tight fundamentals, the bank said. By 7:40 a.m., the September North Sea Brent contract was down 80 cents to $73.30 a barrel. That of the same maturity on light sweet crude (WTI) listed on the Nymex fell 85 cents, to 71.22 dollars a barrel.