Stocks should continue to rise, still supported by jerome Powell's remarks. The Eurostoxx 50 opened at  4,190.98 points with an increase of 0.51%, the CAC 40 at 6,681.92 points (+0.24%), the DAX 30 at 15,851.75 points (+0.37%), the FTSE 100 at 7,148.01 points (+0.32%), the SMI at 12,439.00 points (+0.24%), the AEX at 787.04 points (+0.86%), the BEL 20 at 4,318.44 points (+0.16%), the IBEX 35 to 8,922.20 points (+0.33%), the DJIA             35,455.80 points (+0.69%), the Nasdaq to 15,129.50 points (+1.23%), the S&P 500 to 4,509.37 points (+0.88%) and the Nikkei 225 to 27,770.18 points +0.47%.

As regarding the exchange rate, the change from the close in New York indicates that EUR/USD  opens at 1.1806   up 0.08%, EUR/JPY at 129.55 (-0.03%) and USD/JPY at 109.74 with a decline of 0.11%.

The sanitary pass becomes mandatory in France Monday for employees in contact with the public in many sectors of activity related to leisure, catering and mainline trains. In this context, investors will follow the meeting scheduled in Bercy between several ministers and employer representatives of the sectors affected by the health crisis.

European equity markets are expected to continue to benefit monday from the dovish tone of Federal Reserve (Fed) Chairman Jerome Powell in Jackson Hole. However, their progress could be limited, as financial markets are closed in London due to a public holiday in the United Kingdom. At 7:35 a.m., the CAC 40 futures contract gained 7 points, or 0.1%, according to data from broker IG Markets. The contract on the DAX 30 took 20 points, or 0.1% as well. European investors are also waiting for the first estimate of the consumer price index in Germany, which is scheduled for publication at 14:00. In the United States, Wall Street closed in the green on Friday, while the Federal Reserve (Fed) seems determined not to tighten its monetary policy too abruptly according to the indications provided by its president at the Jackson Hole conference. The Dow Jones Index (DJIA) gained 0.7% to 35,455.80 points. Rising to new records, the broader S&P 500 index rose 0.9% to 4,509.37 points, and the Nasdaq Composite rose 1.2% to 15,129.50 points.

In this context, the US government sharply revised up its annual inflation forecast on Friday to take into account the effect of supply difficulties related to the health crisis. Price pressures, however, are expected to ease next year, in line with federal reserve (Fed) expectations, with the Biden administration expecting inflation of 2.5% in 2022 and 2.3% in 2023. The White House also raised its growth forecast for this year, expecting GDP to rise by 7.2% instead of 5% in May. The public deficit is expected at 13.9% of GDP, against a previous forecast of 16.7%. In Asia, the main markets are trading in the green on Monday. At the end of the session, the Shanghai Composite Index gained 0.2%. The Hang Seng index rose 0.4% in Hong Kong, as did the Nikkei index of the Tokyo Stock Exchange.

U.S. Treasury yields continue to fall monday morning, after losing ground on Friday in reaction to Jerome Powell's speech, which suggests a decrease in Fed bond purchases. At 7:35 a.m., the yield on the ten-year Treasury bill, the market benchmark, stood at 1.305%, compared with 1.314% on Friday night. Mizuho maintains its target of -0.45% for the ten-year Bund yield at the end of the year, which is below the current level of -0.415% according to Tradeweb data.  

As the same as yields on US sovereign bonds, the dollar continues its decline Monday morning against other major currencies, including the euro. At 7:35 a.m., the single currency was up 0.1% to $1.1804.

Oil prices are moving in scattered order Monday morning, as the market worries about supply disruptions after Hurricane Ida hit the Gulf Coast. The Category 4 hurricane caused the production of 1.74 million barrels per day of oil in the Gulf of Mexico to stop, which is equivalent to some 96% of the region's production and 1.7% of the world's oil supply. CBA believes. The Colonial Pipeline, which can distribute 2.5 million barrels per day of gasoline, diesel and aviation fuel in the eastern and southeastern United States, was also shut down. At 7:25 a.m., the October Contract for North Sea Brent was up 14 cents, at $72.84 a barrel. The contract of the same maturity on light sweet crude (WTI) listed on the Nymex lost 16 cents, to $ 68.58 per barrel.