European stock markets are expected to open higher on Monday, after collapsing on Friday in the wake of lower-than-expected US employment figures.

Data from broker IG mentions that the CAC 40 futures contract was up 0.6%, around 7:40am.

This morning, European equity futures were up. The rise comes after US President Donald Trump told journalists that he planned to appoint a new governor of the Federal Reserve this week, following the resignation of Adriana Kugler on Friday, as well as a new director of the Bureau of Labor Statistics, after sacking Commissioner Erika McEntarfer on Friday following lower-than-expected and heavily revised employment data. have been on the decline in recent months. The dismissal of Erika McEntarfer by Donald Trump has deeply troubled some investors.
Donald Trump said the employment data was “rigged.”

For ANZ, financial market players attach great importance to the independence of statistical reports and that the decision to fire Erika McEntarfer “could rightly be considered as a further attack on the position of the United States as a global economic safe haven.”

While economists polled by the Wall Street Journal expected an average of 100,000 new jobs, the U.S. Department of Labor reported on Friday that 73,000 jobs would be created during the month of July. In addition, the ministry sharply revised down the number of jobs created in May and June, to 19,000 and 14,000 respectively. The total number of jobs created during these two months is therefore 258,000 less than the last estimate

Around 7:40 a.m., the DAX 40 futures contract in Frankfurt grew by 0.5%, as did that on the FTSE 100 in London, according to data from broker IG.

On the American business side, data analytics company Palantir is due to publish its quarterly results this Monday after the close of Wall Street.

The New York Stock Exchange closed sharply on Friday after disappointing American employment figures, which reveal a much more marked deterioration in the economy than previously estimated. The market was also nervous after Donald Trump announced a salvo of new tariffs for countries that have not concluded trade agreements with the United States. The Dow Jones Industrial Average lost 1.6% to 43,588.58 points, and the S&P 500 fell 1.6% to 6,238.01 points. The Nasdaq Composite Index ended down 2.2% to 20,650.13 points.
In Asia, the Nikkei index on the Tokyo Stock Exchange lost 1.4% on Monday at the end of trading. The Shanghai Composite Index rose by 0.2%, while the Hang Seng on the Hong Kong Stock Exchange rose by 0.5%.

The stock rate at two years increased 2 basis points to 3.72%. The 10-year US Treasury bond rate rose 3 basis points (0.03 percentage point), to 4.26%, around 7:40 a.m.

The greenback gained 0.3% against the Japanese currency, at 147.83 yen. Around 7:40 a.m., the euro lost 0.1% to 1.1574 dollars.

Oil is down amid a bleak American economic outlook. According to analysts at ANZ Research, “a sharply cooling American labor market and the most rapid contraction in manufacturing activity in nine months have raised concerns about weakening demand” for crude oil

According to media reports, OPEC+ agreed over the weekend that the group would increase oil production by 547,000 barrels per day in September could also weigh on oil prices.

Around 7:40 a.m., the September North Sea Brent contract listed in London lost 17 cents, or 0.2%, to 69.50 dollars per barrel. The September contract for light sweet crude (WTI) listed on Nymex sold 12 cents, or 0.2%, to 64.45