Worried about the Delta variant, European equity markets are expected to fall. The Eurostoxx 50 opens at 4,116.62 points (+0.67%), the CAC 40 at 6,675.90 points (+0.95%), the DAX 30 at 15,568.73 points (+0.16% ), the FTSE 100 at 7,081.72 points (+0.70%), the SMI at 12,171.02 points (+0.45%), the AEX at 758.22 points (+0.52%), the BEL 20 at 4,227.28 points (+0.64%), the IBEX 35 at 8,758.70 points (+0.96%), the DJIA at 34,838.16 points (-0.28%), the Nasdaq at 14,681.07 points (+0.06%), the S&P 500 at 4,387.16 points (-0.18%), the Nikkei 225 at 27,610.55 points down 0.61%.

Regarding the exchange rate, the variation from the close in New York indicates that the EUR/USD opens at 1.1879 with an increase of 0.04%, the EUR/JPY at 129, 68 (-0.08%) and USD/JPY at 109.18 down 0.13%.

European equity markets are expected to fall on Tuesday at the open, penalized by the uncertainties surrounding the Delta variant of the coronavirus and the economic outlook. Beijing's crackdown on tech companies is also weighing on the trend. At 7:30 a.m., the CAC 40 futures contract lost 7 points, or 0.1%, according to data from broker IG Markets. The contract on the DAX 30 yielded 19 points, or 0.1% also, and that on the FTSE 100 fell by 10 points, or 0.1%. In this context, the main Asian markets fell on Tuesday, penalized by the adoption of new containment measures in China to combat the spread of the Delta variant, detected in recent days in more than 20 cities. Penalized by these declines, the Hang Seng, the flagship index of the Hong Kong Stock Exchange, fell 0.3% at the end of the session. In Tokyo, the Nikkei index yielded 0.6%. The Shanghai Composite index lost 0.4%. Monday evening, Wall Street ended in dispersed order. The Dow Jones index (DJIA) fell 0.3% to 34,838.16 points. The broader S&P 500 index fell 0.2% to 4,387.16 points. The Nasdaq Composite, rich in technology stocks, ended up 0.06%, at 14,681.07 points. After US markets closed, Treasury Secretary Janet Yellen unveiled new measures to avoid a breach of the US debt ceiling and urged Congress to raise or suspend the limit, which came into effect Sunday after two years suspension.

Yields on US Treasury bonds stabilized on Tuesday morning. After falling to 1.146% in session on Monday, its lowest level since February, the yield on the ten-year Treasury note, the market benchmark, stood at 1.182% at 7:30 a.m., against 1.178% on Monday evening . The sharp drop in bond yields came days before Friday's release of the July US jobs report, as the spread of the Delta variant of the coronavirus raises the possibility of further tightening of health restrictions. globally. Both the Federal Reserve (Fed) and the ECB have pledged to maintain an accommodating policy for the time being, which is supporting demand for sovereign debt.

The euro changed little against the dollar on Tuesday morning. The fluctuations of the euro/dollar pair will therefore be influenced this week by factors outside the euro zone and by the dollar, they add. If the greenback rallies, the euro could pull back below the $1.1800 threshold, but the declines will be limited and the pair will remain in a tight range, they say.

Oil contracts hesitate Tuesday morning. The rise in worldwide cases of contamination by the Delta variant of the coronavirus should remain a major source of concern for oil demand, indicates CBA. At 7:20 a.m., the October North Sea Brent contract was up 3 cents to $72.92 a barrel. The Nymex-listed light sweet crude (WTI) September contract was also up 3 cents, at $71.28 a barrel.