Stock markets are expected to rise very slightly before the Powell and Yellen congressional hearings. The Eurostoxx 50 opens at 4,165.48 points up 0.17%, the CAC 40 at 6,650.91 points (+0.19%), the DAX 40 at 15,573.88 points (+0.27%), the FTSE 100 to 7,063.40 points (+0.17%), the SMI at 11,691.18 points (-1.07%), the AEX at 788.67 points (-0.35%), the BEL 20 at 4,177.29 points (+0.93%), the IBEX 35 at 9,002.90 points (+1.46%), the DJIA at 34.869.37 points (+0.21%), the Nasdaq at 14,969.97 points (-0.52%), the S&P 500 at 4,443.11 points (-0.28%) and the Nikkei 225 at 30,127.30 points with a decrease by 0.37%

As far as foreign exchange rates are concerned, the change compared to the close in New York indicates a general increase. EUR/USD stood at 1.1697 (+0.01%), EUR/JPY at 130.03 (+0.16%), USD/JPY at 111.19 (+0.16%

Investors will follow September household confidence figures on Tuesday. On the corporate side, Sanofi is organizing a press briefing on its efforts against Covid-19 and TotalEnergies is holding the second part of its investor days on the group's strategy and perspectives

European equity markets are expected to open slightly higher on Tuesday, but investors should remain wary of rising oil prices and bond yields just hours before Federal Reserve Chairman Jerome Powell's congressional hearing. At 7:35am, the futures contract on CAC 40 earned 7.5 points, or 0.1%, according to data from the broker IG Markets. The DAX contract rose 19 points, or 0.1%, and the FTSE 100 contract rose 7.7 points, or 0.1%. In recent days, rising energy prices and bond yields have fuelled fears of accelerating inflation

Wall Street finished in mixed order on Monday, with the Dow Jones Index benefiting from rising energy and industrial stocks, while rising bond yields hurt the tech sector and telecoms. The Dow Jones Index rose 0.2% to 34.869.37 points. The expanded S&P 500 index fell 0.3% to 4,443.11 points. The technology-dominated Nasdaq Composite fell 0.5% to 14,969.97 points. In Asia, markets moved in mixed order on Tuesday. At the end of the session, the Nikkei index on the Tokyo Stock Exchange lost 0.3%. The Shanghai Composite index gained 0.6%, and in Hong Kong, the Hang Seng gained

The yield on the 10-year U.S. Treasury bond exceeded 1.5% on Tuesday morning, supported by optimism about the economic outlook and the prospects for tightening monetary policy by the Fed. At 7:40am, this rate stood at 1.509% compared to 1.485%

The euro changed little against the dollar on Tuesday morning, as calm returned to the market after the German elections. According to CBA Bank, Germany is now heading for many weeks, if not months, of negotiations to form a coalition government. Overall, the high probability of a more left-wing policy than that of Chancellor Angela Merkel, who has been in power for 16 years, suggests that Germany's fiscal position may become less of a drag on the economy in the coming years than currently anticipated. Such a development would be favourable to the euro, CBA indicates

Oil prices continued to rise Tuesday morning, with the price of a barrel of North Sea Brent exceeding $80, driven by the shortage of natural gas in some countries, CBA says. At 7:30am, the November North Sea Brent contract was worth 59 cents, at $80.12 per barrel. The price of light sweet crude oil (WTI) quoted on Nymex by the same maturity took 64 cents, at 76.09