Worried about geopolitical tensions, European markets are expected to fall sharply. The Eurostoxx 50 opens at 4,155.23 points (-1.00%), the CAC 40 at 7,011.60 points (-1.27%), the DAX 40 at 15,425.12 points (-0.42% ), the FTSE 100 at 7,661.02 points (-0.15%), the SMI at 12,231.97 points (-0.66%), the AEX at 761.50 points (-1.15%), the BEL 20 at 4,080.41 points (-1.03%), IBEX 35 at 8,798.10 points (-0.99%), DJIA at 34,738.06 points (-1.43%), Nasdaq at 13,791.15 points (-2.78%), the S&P 500 at 4,418.64 points (-1.90%) and the Nikkei 225 at 27,079.59 points (-2.23%).

Regarding the exchange rate, the variation compared to the close in New York indicates that the EUR/USD appears at 1.1349 (-0.01%), the EUR/JPY at 131.00 (0.00%) and USD/JPY at 115.43 (-0.02%).

Major European equity indices are expected to open sharply lower on Monday as investors worry about escalating geopolitical tensions around Ukraine. Around 7:30 a.m., the CAC 40 futures contract lost 107 points, or 1.5%, according to data from broker IG Markets. The DAX 40 contract was down 218 points, or 1.4%, and the FTSE 100 contract was down 47 points, or 0.6%. US President Joe Biden told his Ukrainian counterpart Volodymyr Zelensky on Sunday that Washington and its allies would respond quickly to aggression against Ukraine, the White House said. On the European side, diplomatic efforts continue on Monday, with a visit by German Chancellor Olaf Scholz to kyiv. Over the weekend, Joe Biden had warned Russian President Vladimir Putin of "swift and severe costs" if Moscow attacked Ukraine.

Fear of armed conflict led to the cancellation of flights to Ukraine, including those of Dutch airline KLM, and increased volatility in financial and energy markets. Russia is one of the biggest oil producers in the world, and any military intervention that disrupts supply could send shock waves through energy markets and global industry. Weighed down by geopolitical tensions, Wall Street continued to decline on Friday. The Dow Jones Index (DJIA) closed down 1.4% to 34,738 points. The broader S&P 500 index fell 1.9% to 4,418 points. The Nasdaq Composite fell 2.8% to 13,791 points. In Asia, the main stock markets show sharp declines on Monday, also penalized by the tense situation around Ukraine. The Nikkei index fell 2.2%. At the end of the session, the Hang Seng of the Hong Kong Stock Exchange lost 1.5% and the Shanghai Composite yielded 1%.

The yield on the ten-year US Treasury bond rallied to 1.952% on Monday morning. Treasury bond yields fell on Friday as the United States warned that a Russian invasion of Ukraine could occur in the coming days, sparking strong demand for assets perceived as safe. Despite Friday's decline, the two-year Treasury bond rate recorded its largest weekly rise since October 2019 last week. Monday morning, it is trading at 1.538%.

The euro changed little against the greenback on Monday, trading at 1.1347 dollars. Ongoing geopolitical tensions around Ukraine are expected to keep investors on edge this week and fuel demand for the safe-haven dollar, MUFG Bank said.

Oil contracts are moving up sharply on Monday, continuing their rise from Friday, as tensions in Ukraine escalate. Russia is the third largest oil producer in the world and if a conflict in Ukraine were to significantly reduce the flow of Russian barrels on the market, the fragile balance between supply and demand would be threatened. At 7:15 a.m., the April contract on Brent North Sea oil sold for $1.03, or 1.1%, at $95.46 a barrel. The Nymex-listed light sweet crude (WTI) March contract gained $1.24, or 1.3%, to $94.35 a barrel.