European markets are expected to be wait-and-see before the start of the earnings season. The Eurostoxx 50 opens at 4,073.29 points (-0.61%), the CAC 40 at 6,559.99 points (-0.61%), the DAX 40 at 15,206.13 points (-0.29% ), the FTSE 100 at 7,095.55 points (+0.25%), the SMI at 11,764.99 points (+0.01%), the AEX at 772.05 points (-0.66%), the BEL 20 at 4,145.07 points (-0.18%), IBEX 35 at 8,955.00 points (-0.09%), DJIA at 34,746.25 points (-0.03%), Nasdaq at 14,579.54 points (-0.51%), the S&P 500 at 4,391.34 points (-0.19%) and the Nikkei 225 at 28,483.54 points, up 1.55%.

Regarding exchange rates, the change from the close in New York indicates that EUR/USD opens at 1.1573 down 0.03%, EUR/JPY at 130.39 (+0.38%), USD/JPY at 112.68, up 0.39%.

Major European equity markets are expected to be little changed at the open on Monday, as investors remain focused on soaring energy prices, rising bond yields and inflation risks. At 7:45 am, the futures contract on the CAC 40 gained 3.5 points, or 0.05%, according to data from broker IG Markets. The contract on the DAX gained 5 points, or 0.03%, and that on the FTSE 100 took 6.2 points, or 0.1%. On Wall Street, contracts on US indices were trending slightly lower as a new earnings season looms. The major US banks are all due to publish their quarterly accounts this week. Investors will be watching for any signs that cost hikes could weigh on U.S. corporate earnings in the fourth quarter and beyond.

On Friday, Wall Street ended down after the announcement of much weaker than expected job creation in the United States in September. The Dow Jones index lost 0.03% to 34,746.25 points. The S&P 500 index fell 0.2% to 4,391.34 points, and the technology-heavy Nasdaq Composite lost 0.5% to 14,579.54 points. In Asia, the markets are moving in the green on Monday. At the end of the session, the Nikkei index of the Tokyo Stock Exchange gained 1.5%. The Shanghai Composite index gained 0.3% and in Hong Kong, the Hang Seng gained 2.2%.

Yields on US Treasury bonds posted their biggest weekly rise in several months last week, despite a weak US jobs report in September. On Friday, the ten-year bond yield ended the session at 1.604%, its highest closing level since June.

The euro retreated Monday morning against the dollar. At the same time, the dollar reached a three-year high against the Japanese currency, after crossing the 112 yen threshold on Friday, recording its fifth consecutive week of growth. Monday morning, the greenback gained 0.4% to 112.65 yen.

Oil contracts posted sharp gains on Monday morning. According to Australian bank NAB, prices remain supported by robust demand from some energy consumers who can use oil as an alternative to natural gas, as well as limited supply from the Organization of the Petroleum Exporting Countries (OPEC). and its allies. Prices for Nymex-listed light sweet crude (WTI) gained almost 5% last week and broke above $80 a barrel for the first time in nearly seven years. In the United States, crude oil prices have risen 64% this year and natural gas prices have almost doubled in the past six months, reaching their highest level in seven years. The price of heating oil rose by 68% in 2021. Fuel prices have also jumped over the past 12 months. Coal prices are at record highs. As of 7:35 a.m., the December North Sea Brent contract was up $1.26, or 1.6%, at $83.67 a barrel. The November WTI contract was up $1.51, or 1.9%, at $80.88 a barrel.