After a weekend marked by a new offensive Tariff of American President Donald Trump in order to make countries bend Europeans on Greenland. The latter intend to defend their sovereignty. and denounced a “dangerous spiral”, the European stock exchanges are expected to open sharply lower on Monday.

After final negotiations with managers policies, the government will announce on Monday after a council of ministers whether he intends to use article 49-3 of the Constitution to make adopt his finance bill or whether he will use ordinances.

In a letter sent this weekend to chefs of businesses, Prime Minister Sébastien Lecornu announced the maintenance of the exceptional contribution on very large companies at the same level that in 2025, when its rate was initially supposed to be divided by two, so than the deferral of the reduction in the value-added contribution (CVAE). He has justified these measures by the need to reduce the public deficit to 5% of gross domestic product (GDP) in 2026 while financing the rearmament effort of France and Europe.
But international news should take over this Monday, France being directly targeted by the threat of new American tariffs.

Around 7:45 a.m., the CAC 40 futures contract gave way 1.3%, according to data from the broker IG.

This morning, index futures Europeans are trading down sharply due to renewed geopolitical tensions between Europe and the United States.

According to data from the broker IG, the futures contract on the DAX 40 in Frankfurt dropped 1.3% while the one on the FTSE 100 at London fell by 0.5% at around 7:45am.

US President Donald Trump threatened this weekend several European countries of new customs duties, in order to put pressure on Denmark to sell Greenland to the United States.

The White House tenant reported that the products from Denmark, Norway, Norway, Sweden, France, of Germany, the United Kingdom, the Netherlands and Finland will be subject to customs tariffs of 10% from February 1, then 25% on June 1.

Donald Trump did not specify whether these tariffs would be added to existing taxes - currently 15% for most products from the European Union and 10% for most products British.

European leaders strongly opposed the threat of tariffs from Donald Trump and promised to respond.

In a joint statement, the president of the European Commission, Ursula von der Leyen, and the President of the Council European, António Costa, “customs tariffs would undermine transatlantic relationships and would risk causing a dangerous spiral negative”.
In Asia, the Tokyo Stock Exchange lost 0.7% on Monday at the end of trading. The Stock Exchange of Hong Kong fell by 1.1% while the Shanghai Stock Exchange fell by 0.2%.
According to official GDP figures released on Monday, the Chinese economy has achieved Beijing's growth target in 2025, showing a growth of 5.0% compared to the previous year.

The world's second largest economy grew at the same time pace than in 2024, supported by the resilience of exports that thwarted The gloomy forecasts following the announcement by the United States of an increase customs tariffs on Chinese products at the beginning of 2025.

Wall Street is closed this Monday due to a day holiday.

The 10-year German Bund rate dropped 1 point base (0.01 percentage point), at 2.83%, around 7:45am.

Investors will be paying attention on Friday to the monetary policy decision of the Bank of Japan, while members of the Federal Reserve (Fed) went into a period of silence before their meeting on 27 and 28 January next.

The Euro gained 0.4% against the greenback at 1.1631 Dollar, around 7:45.

Chris Weston, Research Manager at Pepperstone said that there is a growing body of evidence that show that American assets, including the greenback, include now a much higher political risk premium.

The decision of the American Supreme Court on the legality of customs tariffs imposed last year by the administration Trump could intervene this week, and could make the markets react while the American president raised the threat of new rights of customs against certain European countries.

On Monday, oil futures continued to fall. The February contract on soft light crude (WTI) listed on Nymex dropped 20 cents, or 0.3%, to 58.89 dollars per barrel. Around 7:45 a.m., the March contract on Brent of the North Sea listed in London fell by 25 cents, or 0.4%, to 63.51 dollars per barrel.

Barbara Lambrecht of Commerzbank Research said in a research report that the risk of immediate American intervention in Iran has been revised downwards, taking into account the recent statements of President Donald Trump.

According to the analyst, “if the situation Is subsiding [in Iran], the IEA's monthly report could shift the focus to the overabundance of supply and to cause oil prices to fall.” The agency International Energy International (IEA) will publish its report for the month of January.