The stock markets expected to rise, evergrande's listing suspended in Hong Kong. The Eurostoxx 50 opens at 4,035.30 points (-0.32%), the CAC 40 at 6,517.69 points (-0.04%), the DAX 40 at 15,156.44 points (-0.68%), the FTSE 100 at 7,027.07 points (-0.84%), the SMI at 11,575.37 points (-0.58%), the AEX at 766.69 points (-0.68%), the BEL 20 at 4,137.31 points (-0.52%), the IBEX 35 at 8,799.50 points (+0.04%), the DJIA at 34,326.46 points (+1.43%), the Nasdaq at 14,566.70 points (+0.82%), the S&P 500 at 4,357.04 points (+1.15%) and the Nikkei 225 at 28,484.32 points down 1.00%.

As far as exchange rates are concerned, the change from the close in New York indicates that EUR/USD at 1.1597 (+0.03%), EUR/JPY at 128.76 (-0.01%) and USD/JPY at 111.05 with a decline of 0.02%.

European equity markets are expected to open slightly higher on Monday, in the wake of Wall Street's advance on Friday. However, the trend could quickly turn around, with Asian markets moving sharply lower after the suspension of listing of the shares of the struggling Chinese real estate developer China Evergrande Group on the Hong Kong Stock Exchange. At 7:40 a.m., the CAC 40 futures contract gained 26 points, or 0.4%, according to data from broker IG Markets. The DAX contract was up 41 points, or 0.3%, and the FTSE 100 contract was up 28 points, or 0.4%. The listing of shares of struggling Chinese conglomerate China Evergrande Group and its real estate services subsidiary Evergrande Property Services Group was suspended on Monday on the Hong Kong Stock Exchange.

Most Asian indices are falling on Monday. At the end of the session, the Nikkei index of the Tokyo Stock Exchange lost 1.1% and the Hang Seng index of the Hong Kong Stock Exchange gave up 2%. Markets in mainland China are closed for the "golden week" corresponding to the national holiday. In the United States, Democrats, who are seeking to rally around a far-reaching social policy and climate bill, are considering two different approaches to reducing its overall cost: scrapping proposed programs entirely or reducing their duration. Wall Street closed in the green, picking up colors after signing in September its worst month since March 2020. Investors praised Merck's progress in developing a cure for Covid-19, while monitoring tense debates in Congress on raising the U.S. debt ceiling and infrastructure plans. The Dow Jones Index (DJIA) gained 1.4% to 34,326.46 points, after falling 1.6% the day before. The broader S&P 500 index closed up 1.2% to 4,357.04 points, and the Nasdaq Composite rose 0.8% to 14,566.70 points.

US Treasury yields edged higher on Monday morning, after posting their biggest one-session decline in months on Friday as bond investors ignored data showing U.S. inflation hit its highest level for 30 years. At 7:40 a.m., the yield on the ten-year Treasury bill, the market's benchmark, gained 1.1 basis points to 1.475%.

The euro rose slightly Monday morning against the dollar, hovering around the $1.1600 threshold.

Oil contracts are trading little Monday morning ahead of a new meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, which could see the cartel increase its production of black gold more than the 400,000 barrels per day currently forecast. At 7:30 a.m., the December Contract for North Sea Brent lost 4 cents to $79.24 a barrel. The November contract for light sweet crude (WTI) listed on the Nymex was down 6 cents, at $75.82 a barrel.