Ecoditure markets should hesitate in the absence of US investors. The Eurostoxx 50 opens at 4,201.98 points with a decline of 0.71%, the CAC 40 at 6,689.99 points (-1.08%), the DAX 30 at 15,781.20 points (-0.37%), the FTSE 100 at 7,138.35 points (-0.36%), the SMI at 12,351.84 points (-0.65%), the AEX at 789.55 points (-0.48%), the BEL 20 at 4,303.90 points (-0.75%), the IBEX 35           8,864.00 points (-1.31%), the DJIA at 35,369.09 points (-0.21%), the Nasdaq at 15,363.52 points (+0.21%), the S&P 500 at 4,535.43 points (-0.03%) and the Nikkei 225 at 29,640.35 points up 1.76%.

 As for the exchange rate, the change from the close in New York indicates that EUR/USD is down 1.1871 by 0.07%, EUR/JPY at 130.34 (+0.04%) and USD/JPY at 109.81 with an increase of 0.09%.

The energy group TotalEnergies signed over the weekend a contract worth a total of $27 billion (€22.8 billion) with the Iraqi government including investments in various energy projects, including the injection of seawater into oil fields to increase the amount of oil recovered, a natural gas processing plant and a solar farm. TotalEnergies CEO Patrick Pouyanné signed the contract in Baghdad with Iraqi Oil Minister Ihsan Abdul Jabbar. Automotive values will also be monitored as the IAA motor show is held from Monday in Munich in a context disrupted by component shortages and vehicle electrification.

European equity markets are expected to open little at the opening on Monday, as wall street closes for Labor Day in the United States is likely to limit trading. Around 7:30 a.m., the CAC 40 futures contract grabbed 1 point, or 0.01%, according to data from broker IG Markets. The DAX contract gained 11.5 points, or 0.07%, and the FTSE 100 contract gained 7.7 points, or 0.1%. The attention of European investors will turn to the recomposition of the flagship index of the Frankfurt Stock Exchange, the DAX, which will bring together, from 20 September, 40 stocks against 30 currently. The stock exchange operator Deutsche Börse announced Friday evening the inclusion in the index of Airbus, Porsche, Puma, Zalando, Siemens Healthineers, Symrise, HelloFresh, Sartorius, Brenntag, and Qiagen. This expansion of the DAX will be carried out at the expense of the MDax index of average values, which will now include only 50 stocks, against 60 currently. On Friday night, Wall Street ended in scattered order after the announcement of a sharp slowdown in job creation in the United States in August under the effect of uncertainties caused by the Delta variant of the coronavirus. The Dow Jones index fell 0.2% to 35,369.09 points. The S&P 500 index lost 0.03% to 35,369.09 points. The tech-rich Nasdaq advanced 0.2% and posted a third consecutive record, at 15,363.52 points. In Asia, major equity indexes are up on Monday, supported by lower bets on a reduction in the Fed's asset purchases after Friday's jobs report. At the end of the session, the Nikkei index of the Tokyo Stock Exchange gained 1.8%. The Shanghai Composite Index gained 1%, and in Hong Kong, the Hang Seng gained 0.7%.

This week, investors will focus on the European Central Bank's (ECB) monetary policy meeting on Thursday. They are counting on a reduction in the pace of purchases made by the ECB under the Pandemic Emergency Purchase Programme (PEPP). The economic outlook and inflation are showing signs of recovery in the euro area, even as the Delta variant of the coronavirus poses uncertainties to the region.

US Treasury yields rose on Friday after the release of U.S. employment figures. The slowdown in job creation in August was seen by some investors as a sign that the Delta variant could dampen the U.S. economy's recovery, easing fears of a sharp cut in the Fed's asset purchases. In the euro area, UniCredit expects the yield on the ten-year Bund to reach -0.20% by the end of 2021, compared to -0.357% currently, if the ECB commits, as expected, to a slight reduction in the pace of the PEPP.

The euro retreats against the dollar on Monday morning. At 7:30 a.m., the single currency fell 0.1% to $1.1866. According to Commerzbank, the recent fluctuations in the euro-dollar pair have been mainly influenced by the greenback, but the ECB's next monetary policy decision, expected on Thursday, could change that.

Oil futures lost more than 1% on Monday, continuing friday's pullback amid fears that the Delta variant could weigh on the U.S. economy after the weak jobs report on across the Atlantic. At 7:20 a.m., the November Contract for North Sea Brent lost 84 cents, or 1.2%, to $71.77 a barrel. The October contract for light sweet crude (WTI) listed on the Nymex fell 78 cents, or 1.1%, to $68.51 a barrel.