European equity markets are expected to open in scattered order with Eurostoxx 50  recording    4,089.38 points +0.25%, the CAC 40, 6,515.66 points +0.12%, the DAX 30, 15,692.90 points +0.39%  and the FTSE 100,  7,069.04 points +0.07%. The SMI  posted 11,570.68 points +0.52%, AEX,  720.18 points +0.43%, BEL 20            4,087.28 points +0.29%, BEX 35, 9,088.30 points -0.59% and DJIA, 34,756.39 points +0.52%. As for Nasdaq, S&P 500, Nikkei 225, they set respectively at 13,814.49 points +1.47%,  4,229.89 points +0.88% and 29,042.75 points +0.35%.

Exchange price at 06:50

Variation from closing in New York

EUR/USD trade at  1.2169   +0.02%, EUR/JPY at 133.13   -0.11%  and USD/JPY at  109.41   -0.12%.

In France, the stock exchange operator Euronext announced on Friday evening the sale of the provider of financial data and online trading solutions Oslo Market Solutions (OMS) to Infront. OMS was owned by Oslo Bors VPS, which was acquired by Euronext in 2019. The company achieved a turnover of about 3.3 million euros in 2020, Euronext said. Based on Euronext's 2020 results, this divestment is expected to have a positive impact of 0.2 points on the EBITDA margin and will allow a reduction in costs, in addition to the objective of reducing operating expenses by around 5% set for 2021, before depreciation and amortization.

European equity markets are expected to post a mixed performance at the opening on Monday, in a climate of caution ahead of a week full of macroeconomic events. Investors will be particularly attentive to the announcements of the European Central Bank (ECB) after its monetary policy meeting, as well as the inflation figures in the United States, both events scheduled for Thursday.

Towards 7:30, the futures contract on the CAC 40 lost 9 points, or 0.1%, according to data from the broker IG Markets. The CONTRACT on the DAX 30 lost 29 points, or 0.2%, while the contract on the FTSE 100 gained 4 points, or 0.06%.

Over the weekend, G7 finance ministers and central bankers reached an unprecedented agreement on a global tax rate of at least 15% and a fairer distribution of tax revenues paid by multinationals, especially large technology groups.

US Treasury Secretary Janet Yellen welcomed the agreement, calling it a return to multilateralism. However, the implementation of this agreement will be fraught with pitfalls. And must be expanded to other countries, starting with those of the G20, before being the subject of discussions among the 139 countries of the Inclusive Framework of the Organisation for Economic Co-operation and Development (OECD).

Friday, Wall Street closed higher, after employment data confirmed the ongoing economic recovery in the United States without fueling fears of a tightening of monetary policy. The Dow Jones Index (DJIA) gained 0.5% to 34,756.39 points, and the broader S&P 500 index ended up 0.9% at 4,229.89 points. The technology-dominated Nasdaq Composite rose 1.5% to 13,814.49 points.

For the week as a whole, the DJIA gained 0.7%, the S&P 500 gained 0.6% and the Nasdaq Composite 0.5%.

In Asia, where concerns related to the Covid-19 pandemic remain high, the main indices present a contrasting picture on Monday. At the end of the session, the Nikkei index gained 0.3% in Tokyo, while the Hang Seng of the Hong Kong Stock Exchange gave up 0.7%. The Shanghai Composite Index lost 0.1%.

China's trade surplus increased in May, but less than investors expected. It reached $45.53 billion, after $42.85 billion in April. Economists polled by the Wall Street Journal had expected a surplus of $47.9 billion in May.

China's exports rose 27.9 percent last month compared to the same period in 2020, after a 32.3 percent increase in April, the General Administration of Customs said Monday. Economists were expecting an increase of 32.3%. Imports jumped 51.1 percent year-on-year, following a 43.1 percent increase in April. Economists were expecting a 53% increase.

On bond maéché, U.S. Treasury bond yields lost ground on Friday after the release of the U.S. jobs report, which signaled that the recovery in the labor market could take longer than anticipated. The yield on the ten-year Treasury bill, the benchmark for the bond market, ended at 1.554% late Friday, up from 1.624% the day before, according to Tradeweb. It recorded its third consecutive week of decline.

On the foreign exchange market, the euro is little changed against the greenback on Monday morning. However, according to Goldman Sachs, expectations of a status quo from the Federal Reserve (Fed) and the generalization of the global economic recovery should lead to a continuation of the recent weakening of the dollar.

The US bank favors a long position on the euro-dollar pair, with a target of 1.25. Although the U.S. economy added 559,000 jobs in May and the unemployment rate fell to 5.8 percent from 6.1 percent in April, Goldman Sachs says the latest jobs report did not meet market expectations and did not dispel fears that a labour shortage. work slows down the recovery.

The U.S. labor force participation rate declined slightly during the month and the employment-to-population ratio increased little, Goldman Sachs said. So it's likely that the May jobs report will ease market concerns about a faster-than-expected reduction in the Fed's asset purchases, she adds.

Finally,  as far as raw materials are concerned,  oil contracts are down on Monday morning. At 7:25 a.m., the August contract for North Sea Brent lost 38 cents to $71.51 a barrel, while the July contract for WTI listed on the Nymex fell 30 cents to $69.35 a barrel.

However, the outlook for demand is improving, with the arrival of summer in the United States, a period during which fuel consumption is increasing, says ANZ Bank. For its part, the Organization of the Petroleum Exporting Countries (OPEC) appears to be maintaining a cautious approach to supply, which will allow operators to refocus on demand, the