Ahead of the GDP and inflation figures in the eurozone, European stock markets are expected to rise. The Eurostoxx 50 opens at 3,613.02 points (+0.24%), the CAC 40 at 6,273.05 points (+0.46%), the DAX 40 at 13,243.33 points (+0.24%), the FTSE 100 at 7,047.67 points (-0.37%), the SMI at 10,772.37 points (+0.61%), the AEX at 667.52 points (-0,37%), the SMI at 10,772.37 points (+0.61%), the AEX at 667.52 points (-0,37%), the SMI at 10,772.37 points (+0.61%), the AEX at 667.52 points (-0,37%) .28%), the BEL 20 at 3,553.63 points (+0.75%), the IBEX 35 at 7,916.50 points (-0.06%), the DJIA at 32,861.80 points (+2.59%), the Nasdaq at 11,102.45 points (+2.87%), the S&P 500 at 3,901.06 points (+2.46%) and the Nikkei 225 at 27,587,87% 46 points (+1.78%).

In terms of exchange rates, the change from the close mentions that in New York, EUR/USD is at 0.9948 (-0.18%), EUR/JPY at 147.13 (+0.10%) and USD/JPY at 147.91 (+0.28%).

Monday's session may be less lively after a deluge of business results last week. Several investors are on a long weekend for All Saints' Day.

On Sunday night to this day, the automaker Stellantis and its Chinese partner Guangzhou Automobile Co. (GAC) announced that they had approved a resolution authorizing their GAC-FCA joint venture to file for bankruptcy. Stellantis and GAC said last July they wanted to make “an orderly shutdown” of this structure, which was intended to develop the Jeep brand in China, but which has accumulated losses in recent years.

Today, as part of Wall Street's advance on Friday, major European indices are expected to open higher, as investors await inflation and gross domestic product (GDP) figures for the eurozone.

According to data from the IG Markets broker, the CAC 40 futures contract gained 17 points, or 0.3%. The FTSE 100 contract gained 13 points, or 0.2%, while the DAX 40 contract advanced 42 points, or 0.3%.

Last Friday, Wall Street ended sharply higher in the United States. Despite the announcement of continued high inflation in the United States in September and the disappointing forecasts of e-commerce giant Amazon, Wall Street had an excellent week. The Nasdaq Composite, rich in technology stocks, gained 2.9%, while the Dow Jones (DJIA) and S&P 500 indexes rose 2.6% each. The S&P 500 and Nasdaq posted gains of 3.9% and 2.1% while over the week as a whole, the DJIA gained more than 5%.

The Hang Seng lost 0.2% in Hong Kong while at the end of the session in Tokyo, the Nikkei index gained 1.8%. The main indices presented a mixed picture on Monday in Asia. While manufacturing activity in China contracted in October, according to official data released on Monday, the Shanghai Composite Index fell 1%.

This morning, at the start of a week marked by the Federal Reserve's monetary policy decision, US Treasury bond yields rose. According to ANZ, the top of the federal funds rate target range at 4% while market participants expect the Fed to raise interest rates by 75 basis points on Wednesday. According to the broker, the employment report to be published Friday in the United States will be decisive, as the Fed awaits a slowdown in hiring. A final rate greater than 5% and are now counting on a final rate of 4.85% was anticipated by operators two weeks ago.

Against other currencies, including the euro, the dollar is rising against the others today. According to Capital Markets, the Fed meeting will likely lead to another sharp rise in interest rates this week, but the market's attention is focused on the possible signals that the pace of rate hikes is slowing.

For its part, Capital Economics points out that the weakening of the greenback and the rebound in risky assets last week were largely due to hopes that rate hikes by the Fed and other major central banks would slow. But Capital Economics believes that the central bank will probably not like the relaxation in financial conditions observed over the past two weeks and that short-term risks to interest rates in the United States remain on the rise, but the Fed could signal a slowdown in monetary tightening on Wednesday.

Crude Oil futures are falling this morning. Investors fear that China's “zero-COVID” policy could weigh on economic growth in the country, the world's largest crude importer. For SPI Asset Management, the measures adopted by Beijing raise fears of a fall in demand for black gold. For its part, ANZ notes that maintaining the zero-Covid strategy risks stifling economic activity in the country.

The December contract for light sweet crude (WTI) traded on Nymex dropped 79 cents at $87.11 per barrel, while the December contract for the same term on North Sea Brent fell 91 cents to $92.86 per barrel.