New York apartment building fire kills 19

At least 19 people, including nine children, died Sunday in a building in New York. And about sixty registered injuries. The fire started from a space heater in a duplex apartment on the 2nd and 3rd floors, according to New York firefighters.

New climate-focused government in Holland

The fourth consecutive coalition government of Prime Minister Mark Rutte is installed on Monday in the Netherlands. An investiture which comes ten months after the elections, a record. This government is committed to making significant investments to fight climate change and the coronavirus. Two nuclear power plants are planned and 35 billion euros injected over ten years against global warming. A major threat to the Netherlands, a third of whose territory is below sea level.

Historic defeat of power in Venezuela

In Venezuela, the opposition won a historic victory Sunday in the elections for the governor of the state of Barinas. This seat has been held for two decades by the family of former President Hugo Chavez.

Covid-19, contaminations constantly on the rise

In France, covid 19 contaminations are still constantly increasing. On Sunday, nearly 300,000 new cases were recorded, with nearly 22,000 hospitalized Covid patients. More than 53 million people have received at least one injection and more than 52 million have a complete vaccination schedule. On Sunday alone, 22,421 people still received their first dose.

IN SHORT

- On the sidelines of the future presidential elections in France, Jean-Luc Mélenchon said he had collected 391 sponsorships as of Sunday, and asked elected officials to sponsor him "in the name of democracy".

- Cameroon, host country of the African Cup of Nations, recorded its first victory of the competition by beating Burkina Faso 2-1 in the opener, Sunday in Yaoundé.

DJ MORNING BULLETIN: January 10, 2022

European equity markets expected slightly higher

Eurostoxx 50 posted 4,305.83 points, i.e. -0.44%, the CAC 40 recorded 7,219.48 points at -0.42%, the DAX 40 was at 15,947.74 points, i.e. -0.65%, the FTSE 100 is green with 7,485.28 points at +0.47%, the SMI is up with 12,797.94 points, that's +0.04%, the AEX is up with 788.43 points, or +0 .32%, BEL 20 is down with 4,306.37 points -0.05%, as well as IBEX 35 with 8,751.80 points at -0.43%, DJIA with 36,231.66 points at -0.01 %, the Nasdaq with 14,935.90 points or -0.96%, S&P 500 with 4,677.03 points at -0.41% and Nikkei 225 with 28,478.56 points or -0.03%.

Change from the close in New York

At 6:50 a.m., the exchange rate recorded EUR/USD at 1.1333, i.e. -0.27%, EUR/JPY at 131.25, i.e. -0.03% and USD/JPY at 115.82, i.e. an increase of + 0.25%.

The final results of Veolia's takeover bid for Suez are awaited by investors. At the same time, the Financial Markets Authority (AMF) announced that Veolia held 86.22% of the capital of Suez following its takeover bid. The final results of the offer would be published following the final verification work, by January 10, 2022 at the latest. integration of Suez teams to form a world champion of ecological transformation. The combination of Veolia and Suez will create a new heavyweight in water and waste management with a combined turnover of around 37 billion euros.

SHARES

European equity markets are expected to open slightly higher on Monday, at the start of a week marked by the publication of the first results of American companies for the fourth quarter and by that of the consumer price index for December in the United States. -United.

At 7:35 a.m., the CAC 40 futures contract gained 24 points, or 0.3%, according to data from broker IG Markets. The DAX 40 contract was up 25 points, or 0.2%, and the FTSE 100 contract was up 18 points, or 0.2%.

Inflation in the United States is expected to exceed the 7% mark for the first time since 1982, highlighting the general inflationary pressures affecting the economy. The Federal Reserve (Fed) looks set to raise interest rates in March amid growing concerns about a tight labor market and accelerating inflation.

The Dow Jones Index (DJIA) ended almost unchanged at 36,231.06 points, while the broader S&P 500 index fell 0.4% to 4,677.03 points. The Nasdaq index, rich in technology stocks, lost nearly 1%, to 14,935.90 points.

The start of the US earnings season this week could increase market volatility. Craig Erlam believes the releases could, however, "provide a welcome distraction as fear once again becomes a dominant factor for markets."

In Asia, the main stock indices are trending higher on Monday. The Hang Seng index of the Hong Kong Stock Exchange took 0.7% and the Shanghai Composite rose 0.3% at the end of the session. The Tokyo Stock Exchange was closed due to a public holiday in Japan.

OBLIGATIONS

Yields on US Treasury bonds posted their biggest weekly rise in several years last week, buoyed by further advances in most rates on Friday as traders focused on positives from the US jobs report. December in the United States. This publication should comfort the Fed in its desire to tighten its monetary policy.

The yield on the ten-year bond, the market benchmark, rose 3.4 basis points to 1.769% on Friday from 1.733% on Thursday. It rose 27.3 basis points last week, the biggest weekly gain since the week ending September 13, 2019, according to Dow Jones Market Data.

CHANGES

The dollar rose against other major currencies on Monday, including the euro. The greenback fell on Friday in reaction to the announcement of disappointing job creations in the United States in December.

The OCBC bank indicates that its base scenario remains that the United States will raise its interest rates faster than the rest of the world, which is favorable for the dollar.

However, the bank points out that the implied probability of a Fed rate hike in March now stands at more than 90%, suggesting that such arguments may be reaching their limits. Although OCBC maintains a positive view on the dollar, the bank stresses that it should be more cautious about the pace and magnitude of further gains, as rate hike expectations are unlikely in the United States are further revised upwards.

OIL

Oil contracts were little changed on Monday morning, after gaining almost 5% for the whole of last week, with investors paying particular attention to tensions in Kazakhstan, which threaten to exacerbate the supply problems that have contributed to the rise in crude prices.

The situation in Kazakhstan is worrying. The country exports about 1.5 million barrels of oil a day And the riots occur near the heart of oil production. If a significant part of the country's production were to be lost, the upward trend in the oil market would be prolonged. “OPEC+ is unlikely to react to a production cut unless it is clear that it will last a long time and that stocks worldwide will continue to decline.

At 7:25 a.m., the March North Sea Brent contract was up 9 cents, at $81.84 a barrel. The Nymex-listed light sweet crude (WTI) February contract also rose 9 cents to $78.99 a barrel.