In the wake of Wall Street, European equity markets are expected to rise slightly. The Eurostoxx 50 opens at 3,868.50 points (+0.57%), the CAC 40 at 6,594.62 points (+0.58%), the DAX 40 at 14,224.86 points (+0.56%), the FTSE 100 at 7,318.04 points (-0.78%), the SMI is at 11,127.15 points (+0.06%), the AEX at 702.91 points (+0.32%), the BEL 20 at 3,662.94 points (-0.24%), the IBEX 35 at 8,098.10 points (-0.43%), the DJIA at 33,747.86 points (+0.10%), the Nasdaq at 11,323.33 points (+1.88%), the S&P 500 at 3,992.93 points (+0.92%) and the Nikkei 225 at 27. 963.47 points (-1.06%).

As for exchange rates, the change from the close mentions that in New York, EUR/USD is at 1.0309 (-0.43%), EUR/JPY at 143.79 (+0.06%), and USD/JPY at 139.49 (+0.49%).

After a long weekend, with many French investors returning, today's focus will remain on Teleperformance. The stock market has lost almost a third of its value since Thursday. New concerns about his ESG (environmental, social and governance) practices are taking hold of the call center manager.

In the wake of the gains on Wall Street on Friday night, the main European equity indices are expected to start the week in the green. According to data from the IG Markets broker, the CAC 40 futures contract gained 17 points or 0.3%. The FTSE 100 gained 9 points, or 0.1%, while the DAX 40 contract advanced 28 points, or 0.2%.

After its best trading in two years, Wall Street finished higher again on Friday. After the announcement of a slowdown in inflation across the Atlantic, investors are anticipating a less restrictive monetary policy. The Nasdaq Composite had its best week since mid-March, with a weekly gain of 8.1%, the Nasdaq Composite gained 1.9%, the S&P 500 index rose 0.9% and the Dow Jones Index (DJIA) picked up 0.1%. The S&P 500 moved closer to 4,000 points thanks to an increase of 5.9% and the DJIA advanced 4.2% over the whole week.

Investors are waiting for monthly industrial production figures in the eurozone this Monday. Asian markets moved in a mixed order on Monday. At the end of the session, the Nikkei index on the Tokyo Stock Exchange lost 1.1% and the Hang Seng index increased 1.5% in Hong Kong. It is supported by the adoption in China of new measures to support the real estate sector. On the other hand, the Shanghai Composite Index fell by 0.1%.

US Treasury bond yields increased this morning. Last Friday, the US bond market was closed for Veterans' Day in the United States. By the end of the first quarter of 2023, two-year and 10-year US Treasury bond yields are expected to reach 4.5% and 4%, respectively. That's an estimate by Bank of America economists after the inflation figures were released in October. For them, returns will stabilize at around 3.25% by the end of 2023.

After gaining 4% last week, the euro fell against the dollar on Monday. He thus has his best weekly performance since March 2020. The euro fell 0.4% to $1.0313 at 7:30am. According to analysts, the rebound of the single currency last week is explained by the hope of less muscular monetary tightening on the part of the Fed. This is the result of Michigan coming out weaker than expected in November.

Velandera Energy Partners said that while there is “utter confusion” about China's health policy, oil prices are losing ground this morning. According to the financial intermediary, “China signals an easing of restrictions but, on the other hand, it confirms its zero-COVID policy.”

This makes it impossible for Nymex-listed light crude (WTI) to reach $100 per barrel, “unless Russian oil production falls or China renounces its zero-COVID policy, which is extremely unlikely in either case.” The December contract on light sweet crude (WTI) traded on Nymex fell by 48 cents to $88.48 per barrel while the January contract on North Sea Brent lost 47 cents to $95.52 per barrel.