European equities should continue to rise ahead of US inflation figures. The Eurostoxx 50 opens at 4,189.53 points, up 0.46%, the CAC 40 at 6,676.93 points (0.20%), the DAX 30 at 15,701.42 points (+0.59%) , the FTSE 100 at 7,068.43 points (+0.56%), the SMI at 12,074.81 points (+0.12%), the AEX at 791.45 points (+0.38%), the BEL 20 to 4,189.76 points (+0.28%), the IBEX 35 to 8,816.10 points (+1.39%), the DJIA to 34,869.63 points (+0.76%), the Nasdaq to 15,105 .58 points (-0.07%), the S&P 500 at 4,468.73 points (+0.23%) and the Nikkei 225 at 30,627.52 points, up 0.59%.

Regarding exchange rates, the change from the close in New York indicates that EUR/USD opens at 1.1816 (+0.03%), EUR/JPY at 130.04 (+0.08%) and USD/JPY at 110.08 up 0.06%.

Investors will react on Tuesday to the new macroeconomic projections unveiled Monday evening by the Banque de France. The institution now expects gross domestic product (GDP) growth of 6.3% in 2021, a forecast revised up 0.5 percentage points from its previous forecast made in June. The Banque de France, on the other hand, has revised its growth estimates for the following years downwards, to 3.7% in 2022 and 1.9% in 2023.

European equity markets are expected to continue to rise Tuesday at the open, as investors await inflation figures in the United States. At 7:35 a.m., the CAC 40 futures contract gained 13 points, or 0.2%, according to data from broker IG Markets. The contract on the DAX took 48 points, or 0.3%, and that on the FTSE 100 advanced by 5 points, or 0.1%. Key event of the week for the financial markets, the publication of the consumer price index in the United States for August could prove decisive for the next meeting of the monetary policy committee of the Federal Reserve (Fed), scheduled for September 21 and 22. Economists polled by the Wall Street Journal anticipate inflation of 5.4% year on year in August, as in July.

Wall Street ended mostly up on Monday, confident in the continuation of fiscal and monetary support measures in the United States. The Dow Jones index (DJIA) gained 0.8% to 34,869.23 points, supported by the rise in financial stocks and Boeing. The S&P 500 index gained 0.2% to 4,468 points. The Nasdaq index, rich in technology stocks, fell 0.07% to 15,105.6 points. US lawmakers are trying to push through a $3.5 trillion bill for additional health, education and climate spending. House Democrats on Monday introduced plans to raise taxes on high-income businesses, investors and entrepreneurs. This bill plans to raise the maximum rate of corporation tax from 21% to 26.5%, to impose a surcharge of 3 percentage points on people earning more than 5 million dollars and to increase taxes on capital gains. In Asia, the main indices are moving in dispersed order on Tuesday. At the end of the session, the Nikkei index of the Tokyo Stock Exchange was up 0.6%. The Shanghai Composite lost 0.2% and in Hong Kong, the Hang Seng lost 0.1%.

Yields on US Treasury bonds edge higher on Tuesday as investors await a series of major economic indicators this week in the United States. At 7:35 a.m., the rate of the ten-year Treasury bill, the market benchmark, stood at 1.334%, against 1.326% on Monday evening.

The euro is gaining ground on Tuesday morning against the dollar and HSBC does not believe that the main indicators published this week in the United States, namely inflation and retail sales figures, will lead to a rise in the greenback. The British bank stresses that inflation figures will play a key role in determining when the Federal Reserve is likely to start raising interest rates.

Oil contracts continued to rise Tuesday morning in response to further signs of supply disruption. As of 7:25 a.m., the November North Sea Brent contract was up 54 cents, at $74.05 a barrel. The October contract on Nymex-listed light sweet crude (WTI) took 58 cents to $71.03 a barrel.