As markets face a new escalation of trade tensions between China and the United States, European stock markets are expected to open higher on Monday. In France, a new The government has been appointed but is already threatened by a vote of no confidence.

Biotech company Medincell announced Friday evening that the Food and Drug Administration (FDA), the health authority American, had approved the extension of indication for the antipsychotic Uzedy for the treatment of patients with bipolar type 1 disorder.

Prime Minister Sébastien Lecornu, himself renewed on Friday evening, appointed a new government on Sunday evening. The RN and LFI have already announced that they will file a motion of censure on Monday against this Lecornu government 2.

The Cypriot specialist in vision systems Nocturne Theon International announced on Saturday that it had reached a final agreement for the acquisition of 9.8% of the capital of the technology specialist Exosens amplification, detection and imaging from the company HLD private equity. The transaction should be completed for an amount total of 268.7 million euros, or 54 euros per share. This price represents a premium of 24.3% compared to the last share price listed on Exosens before this announcement.

At around 7:40am, the CAC 40 futures contract was up by 0.3%, according to IG broker data.

After the president's more conciliatory remarks American Donald Trump on China, two days after his threat of tariffs Customs brought down American stocks, futures contracts on Equity markets rose at the start of the week.
Around 7:40 a.m., the DAX 40 futures contract in Frankfurt was up by 0.4%, while the one on the FTSE 100 in London gained 0.1%, according to IG broker data.

Last Friday, Donald Trump threatened to impose 100% additional customs tariffs on products imported from China in the United States, in addition to the current customs tariffs, starting on November 1. A threat that comes in response to China's decision to control and limit its exports of rare earths.
Commerzbank Research analysts say that the Trump administration However, he seemed to try to reconsider his threat later. Sunday, Donald Trump said in a social media post: “Don't Don't worry about China, everything will be fine!”
According to Commerzbank, “new retaliatory measures could result in a repeat of the negative market reaction in April of this year, when the 'customs liberation' tariffs were announced.”

The New York Stock Exchange fell on Friday, erasing The gains made over the last week after the new offensive Donald Trump's customs war against China. The Dow Jones Index closed in fell by 1.9%, to 45,479.60 points, and the S&P 500 fell by 2.7%, to 6.552.51 points. The Nasdaq Composite fell by 3.6%, 22,204.43 points. On Over the whole of last week, the DJIA lost 2.7%, the S&P 500 lost fell by 2.4% and the Nasdaq by 2.5%.
In Asia, the Tokyo Stock Exchange is closed. The Shanghai Composite Index of Shanghai stock market fell by 0.6% at the end of trading on Monday, while the Hang Seng of the Hong Kong Stock Exchange fell 2.8%.

Because of Columbus Day, American markets on bonds are closed.

Michael Wan of MUFG Bank indicated that the escalation of trade tensions The relationship between the United States and China is probably not over. According to him, the Foreign exchange markets could remain volatile in the short term.
For Richard Franulovich of Westpac, “the markets have more and more refined their response to tariff threats over time, considering them as negotiation tactics.

Around 7:40am, the euro was stable at 1.1619 dollars. The The greenback gained 0.4% against the Japanese currency at 151.82 yen.

After registering Friday their biggest daily falls in several months, the oil futures rose, probably due to a technical recovery. Oil prices could also have benefited from a slightly positive market climate that followed the more conciliatory remarks of Donald Trump on China.
The November contract for soft light crude (WTI) listed on Nymex gains 84 cents, or 1.4%, to 59.32 dollars per barrel. Around 7:40 a.m., the contract of December on North Sea Brent listed in London picked up 95 cents, or 1.5%, to 63.68 dollars per barrel.