European stock markets are expected to start higher in a week marked by US inflation figures. The Eurostoxx 50 opens at 3,570.04 points (+1.64%), the CAC 40 at 6,212.33 points (+1.41%), the DAX 40 at 13,088.21 points (+1.43%), the FTSE 100 at 7,351.07 points (+1.23%), the SMI at 10,900.24 points (+1.02%), the AEX at 685.97 (+1.72%), the BEL 20 at 3,663.38 points (+1.11%), the IBEX 35 at 8,033.10 points (+1.47%), the DJIA at 32,151.71 points (+1.19%), the Nasdaq at 12,112.31 points (+2.11%), the S&P 500 at 4,067.36 points (+1.53%) and the Nikkei 225 at 28,514.42 points (+1.06%).

On the exchange side, the change from the close in New York indicates that EUR/USD opens at 1.0080 (+0.33%), EUR/JPY at 144.31 (+0.74%), and USD/JPY at 143.18 (+0.41%).

Investors will react to announcements made by video game publisher Ubisoft over the weekend, including the creation of a platform entirely dedicated to its flagship Assassin's Creed franchise and designed to increase the brand's attractiveness. The group also indicated that it has reached an agreement with Netflix for the development of three games that will be included in the catalog of the American streaming specialist.

In an interview with Agefi-Dow Jones, Yves Guillemot, the CEO of Ubisoft, also explained the expected operational and stock market benefits of the agreement concluded last week between the game publisher and Tencent. “If a purchase offer is submitted, the board of directors will study it and determine whether it is interesting for the development of the group and for its shareholders. There is no change compared to the very clear message that we have sent in recent months,” the leader said in particular.

European stock markets are expected to open higher on Monday, in the wake of strong Wall Street gains on Friday, as investors appear to have integrated another sharp increase in interest rates by the US Federal Reserve (Fed). At 7:35am, the CAC 40 futures contract was worth 33 points, or 0.5%, according to data from the IG Markets broker. The DAX contract gained 103 points, or 0.8%, and the FTSE 100 contract increased by 15 points, or 0.2%.

Fed officials are discussing whether to raise interest rates by 0.5 or 0.75 percentage points at the September 20-21 meeting to fight inflation at the highest in 40 years, but so far they have made little effort to disprove market expectations for a third consecutive increase of 0, 75 percentage points. In this context, investors will be very attentive to the publication, scheduled for Tuesday, of the August consumer price index in the United States. Economists polled by the Wall Street Journal expect inflation to slow to 8% over one year compared with 8.5% in July.

In Asia, markets rose on Monday, in the wake of the Wall Street rebound. The Nikkei index gained 1% at the end of the trading session in Tokyo. The Chinese stock exchanges and the Hong Kong stock exchanges are closed due to a holiday.

U.S. Treasury bond yields continued to rise Monday morning. The two-year stock is trading at its highest levels since 2007, while Federal Reserve officials have hinted that the central bank would likely raise interest rates by 75 basis points after its meeting in late September.

At 7:35am, the yield on the two-year bond, which is particularly sensitive to changes in short-term interest rates, stood at 3.574% compared with 3.561% on Friday evening. At the same time, the rate on the 10-year Treasury note, the market's benchmark stock, rose to 3.338%, compared with 3.314%.

The euro gained ground against the dollar on Monday, driven by a renewed appetite for risk. According to Capital Economics, the consumer price index in the United States, expected on Tuesday, will determine the direction of the dollar until the meeting of the Fed's monetary policy committee, scheduled for September 20 and 21.

Oil prices fell Monday morning, erasing some of the ground gained Friday thanks to the weakening of the dollar. Concerns about demand are likely to persist as investors assess the impact of interest rate hikes designed to curb inflation and the effects of China's “zero Covid” policy, CBA says.

Last week, crude oil prices fell to their lowest levels since January, as limited trading and the gloomy outlook for supply and demand led to a 30% drop from the highs reached at the start of the year, before regaining 5.9% between Wednesday and Friday.

At 7:25am, the November North Sea Brent contract fell by $1.38, or 1.5%, to 91.46 dollars per barrel, while the October contract for soft light crude (WTI) traded in New York lost $1.49, or 1.7%, to $85.30 per barrel.