European equity markets expected to rise ahead of Jerome Powell's hearing before Congress. The Eurostoxx 50 4,239.52 points (-1.54%), the CAC 40 at 7,115.77 points (-1.44%), the DAX 40 at 15,768.27 points (-1.13%), the FTSE 100 at 7,445.25 points (-0.53%), the SMI at 12,597.35 points (-1.57%), the AEX at 773.13 points (-1.94%), the BEL 20 at 4,250 .79 points (-1.29%), the IBEX 35 at 8,706.90 points (-0.51%), the DJIA at 36,068.87 points (-0.45%), the Nasdaq at 14,942.83 points (+0.05%), the S&P 500 at 4,670.29 points (-0.14%) and the Nikkei 225 at 28,222.48 points (-0.90%).

Regarding exchange rates, the change from the close in New York indicates that EUR/USD opens at 1.1345 (+0.15%), EUR/JPY at 130.73 (+0.19%) and USD/JPY at 115.24 (+0.04%).

Airbus announced that it had exceeded its target of 600 commercial aircraft deliveries in 2021, with 611 aircraft shipped over the past year, and expressed confidence in increasing its production in 2022 despite tensions in the supply chain. The aircraft manufacturer also said it had doubled the number of its gross orders in 2021, to 771 units. Adjusted for cancellations, the number of orders came in at 507 last year, down from 268 in 2020.

European equity markets are expected to open higher on Tuesday, in the wake of the rebound in technology stocks late in the session on Wall Street. At 7:40 a.m., the CAC 40 futures contract gained 32 points, or 0.4%, according to data from broker IG Markets. The contract on the DAX 40 took 61 points, or 0.4% also, and that on the FTSE 100 won 22 points, or 0.3%.

Wall Street ended in disarray on Monday after another very volatile session for technology stocks. The Dow Jones Index (DJIA) lost 0.5% to 36,068.87 points, while the broader S&P 500 index lost 0.1% to 4,670 points. After dropping as much as 1.8% at the start of the session, the tech-heavy Nasdaq Composite rallied dramatically late in the session to end up 0.05% at 14,942 points. The evolution of technology stocks largely followed that of bond yields, which eased slightly at the end of the session. The ten-year US Treasury bill rate ended up 1 basis point at 1.78% after crossing the 1.80% threshold for the first time since January 2020 in early trading. In Asia, the main indices present a mixed picture. The Nikkei index closed down 0.9% and the Shanghai Composite was down 0.6% at the end of the session. On the other hand, the Hang Seng index of the Hong Kong Stock Exchange gleaned 0.1%.

Yields on US Treasury bonds continued to rise on Monday and rates on two- and ten-year securities hit new 52-week highs.

The euro rose Tuesday morning against the dollar, while the foreign exchange market awaits the hearing of the chairman of the Fed before the Senate Banking Committee and the consumer price index for December in the United States, scheduled for Wednesday.

Crude oil futures advanced Tuesday morning. Operators remain focused on production disruptions seen in Libya and Kazakhstan, two major producing countries, as well as the spread of the Omicron variant in China, ANZ said. At 7:30 a.m., the March North Sea Brent contract was up 41 cents, at $81.28 a barrel. The Nymex-listed light sweet crude (WTI) February contract was up 54 cents to $78.77 a barrel.