European equity stocks are expected to fall, weighed down by the war in Ukraine and the Covid in China. The Eurostoxx 50 opens at 3,741.10 points (+1.47%), the CAC 40 at 6,369.94 points (+1.75%), the DAX 40 at 13,929.11 points (+2.21%) ), the FTSE 100 at 7,193.47 points (+0.53%), the SMI at 11,678.94 points (+1.59%), the AEX at 674.30 points (-0.07%), the BEL 20 at 3,969.57 points (+1.80%), IBEX 35 at 8,234.40 points (+1.13%), DJIA at 32,945.24 points (0.00%), Nasdaq at 12,581 .22 points (-2.04%), the S&P 500 at 4,173.11 points (-0.74%) and the Nikkei 225 at 25,346.48 points (+0.15%).

On the exchange rate side, the variation compared to the closing in New York indicates that the EUR/USD is displayed at 1.0980 (+0.35%), the EUR/JPY at 129.96 (+ 0.53%) and USD/JPY at 118.36 (+0.13%).

European equity markets are expected to open lower on Tuesday as investors assess developments in the war in Ukraine and the rise in the number of Covid-19 cases in China, pending the outcome of the meeting of the monetary policy committee of the Federal Reserve (Fed) Wednesday. At 7:35 a.m., the CAC 40 futures contract lost 55 points, or 0.8%, according to data from broker IG Markets. The contract on the DAX 40 yielded 95 points, or 0.7%, and that on the FTSE 100 gave up 58 points, or 0.8%.

The Shanghai Composite index dropped 3.4% at the end of the session and the Hang Seng fell 4.3% on the Hong Kong Stock Exchange. In Tokyo, the Nikkei index gained 0.2%. After Chinese industrial production, investors expect on Tuesday that of the euro zone in January, as well as the ZEW index of economic sentiment in Germany. In the United States, where the meeting of the Fed's monetary policy committee is due to begin, the producer price index for February will also be monitored.

On Monday evening, Wall Street closed in the red, as the expected rise in US interest rates penalizes technology stocks and supports the banking sector. The Dow Jones index (DJIA) remained stable, despite a drop in energy stocks in the wake of the fall in the barrel of crude oil. The broader S&P 500 index fell 0.7% to 4,173.11 points. The tech-dominated Nasdaq Composite fell 2% to 12,581.22 points. The S&P signed its first "death cross" since March 2020 on Monday, with its short-term moving average falling below its long-term average.

US Treasury bond yields are moving to their highest levels since 2019, reflecting growing investor bets on a sharp rise in US interest rates despite the war in Ukraine. The yield on the 10-year Treasury note ended at 2.139% on Monday, a closing high point since June 2019, compared to 2.004% on Monday. Tuesday morning, it stood at 2.131%.

The dollar fell against the euro on Tuesday and appreciated against the yen. Bank of America believes the Fed will begin its interest rate hike cycle with a 25 basis point hike this week and will likely provide details on normalizing its balance sheet.

Oil contracts fell on Tuesday morning, due to press reports that the United States would seek to ease sanctions against Venezuelan oil. As of 7:25 a.m., the May contract for Brent North Sea crude was down $5.44, or 5.1%, at $101.46 a barrel, while the April contract for light sweet crude (WTI) quoted at Nymex yielded 5.30 dollars, or 5.2%, 97.71 dollars a barrel.