After the nomination of Kevin Warsh as the next President of the Central Bank, European stock exchanges are expected to open in fell on Monday as investors distanced themselves from the hypothesis of a more accommodating American Federal Reserve (Fed).

The French digital services group Capgemini announced on Sunday that it was putting its subsidiary Capgemini Government up for sale Solutions, singled out for having signed a contract last December with the Federal Immigration Police (ICE) in the United States. This subsidiary, which represented 0.4% of its global turnover last year and less than 2% of its revenue in the United States was criticized for providing ICE with a tool for identifying and locating foreign persons.

Passenger car registrations New cars in France fell by 6.6% over one year in January, said Sunday The Automotive Platform (PFA), which brings together the sector in France. The The month of January was one day less than in 2025.
Around 7:55am, the CAC 40 futures contract lost 1%, according to data from IG broker.

In the wake of Asian markets, futures contracts on the main European markets are trending down sharply. According to data from the broker IG, the DAX 40 futures contract in Frankfurt was down 1.2% while the one on The FTSE 100 in London fell by 0.8%, around 7:55am.

Maybank analysts, Donald Trump's choice To put Kevin Warsh at the head of the Federal Reserve provided the element The trigger the markets needed to close positions extremes.

In a note, “the announcement calmed the Fears that Donald Trump's candidate is an affiliate who would lower the rate director excessively and leads to increased risks of inflation.”

Kevin Warsh has criticized the Fed in the past, considering that it should have only one mandate, that of stability prices. His appointment prompted investors to abandon the scenario of depreciation of the dollar, causing gold, silver and gold prices to fall copper after strong increases in January.

In Asia, the Nikkei index of the Tokyo Stock Exchange lost 1.3% on Monday at the end of trading. The Shanghai Composite Index fell by 2.1% and the Hang Seng of the Hong Kong Stock Exchange dropped 3%.

The two-year title rate fell by 3 points from base, at 3.51%. Around 7:55am, the 10-year US Treasury bond rate fell by 2 basis points (0.02 percentage points), to 4.22%.

BlackRock indicates that “the markets bond companies started 2026 in a hectic manner.” For him, that reinforced his analysis according to which “a greater leverage effect can create vulnerabilities that expose the financial system to shocks like spikes in government bond yields.”
On Friday, St. Louis Fed President Alberto Musalem said that he would be reluctant to support further interest rate cuts when Inflation remains stuck above the Federal Reserve's 2% target. Key rates are no longer high enough to act as a brake significant impact on the economy and the persistence of price increases should deter the Fed from cutting rates further, he said.

The euro was stable against the greenback, at 1.1853 Dollar, around 7:55.

According to Maybank analysts, the dollar has found stronger support over the last few days but price trends suggest that a more dramatic reversal still seems unlikely.

As investors downgrade the likelihood of a American intervention against Iran, oil futures contracts fold up.

The March contract on soft light crude (WTI) listed at Nymex dropped 3.44 dollars, or 5.2%, to 61.78 dollars per barrel. Around 7:55, The March contract on North Sea Brent traded in London lost 3.55 dollars, or 5.1%, to 65.77 dollars per barrel.

US President Donald Trump said that he thought that Iran was negotiating seriously with the United States. In addition, some American airstrikes on Iran are not imminent.

Following the announcement of Kevin Warsh's nomination to At the head of the Fed, gold prices continued their fall on Monday after fell by 11% on Friday.
Gold futures fell 5.2% to $4,499 per ounce. The contract on Silver fell 6% to $73.85 per ounce. Both metals had reached historical records - of 5,626.80 dollars and 121,785 dollars, respectively - last week.