by Mara Vilcu and Diana Mandia

(Reuters) – Wall Street is expected to decrease and European scholarships are progressing slightly in mid -session before the vote on debt brake reform in Germany on Tuesday and monetary policy decisions of the main central banks this week, including the American Fed and the Bank of England. Futures in New York indices report an opening of Wall Street down 0.43% for Dow Jones, 0.29% for Standard & Poor’s-500 and 0.15% for NASDAQ. In Paris, the CAC 40 earns 0.31% at 8,052.96 points around 12:11 GMT. In Frankfurt, the Dax advances 0.18% and in London, the FTSE 100 takes 0.18%.

The Eurostoxx 50 index is up 0.25%, the FTSEURofirst 300 takes 0.45%and the STOXX 600 advance 0.45%.

The European equity markets are evolving in the green on Monday, helped by the hopes of an upcoming increase in expenses in Germany, while the future chancellor, Friedrich Merz, wishes to organize this week a vote in the Parliament on the reform of the “debt brake”.

Investors, however, remain cautious before a multitude of monetary policy decisions during the week, while the trade policy of the United States and the steps taken by Washington to find a way to war between Russia and Ukraine continue to arouse uncertainty.

Donald Trump said he was planning to speak on Tuesday with his Russian counterpart Vladimir Putin about the 30 -day truce plan accepted last week by Kyiv.

On the macroeconomic level, the week is indeed responsible for a series of decisions of central banks, in particular those of the Bank of Japan and the Federal Reserve on Wednesday, and the Bank of England (BOE) Thursday, the fears of a major trade war being in all spirits after a very agitated week because of the customs duties of the American president Donald Trump and the subsequent retaliatory measures and Canada.

Friday, the preliminary data of the University of Michigan showed not only that the confidence of American households had still dropped, but also that “certain components emerged historically negative”, underlines a note of LBP AM analysts.

“We will see this week, if these concerns are translated into consumption, with the publication of retail sales for February. Above all, we will see how the Fed will perform these figures during its monetary policy meeting. We think, like many, that the Fed will maintain its prudent tone,” they write.

The Organization for Economic Cooperation and Development (OECD) has also warned against a broader trade war, considering that the customs of customs duties of the US administration of Donald Trump will probably make growth in the United States, Mexico and Canada and support inflation.

The term contracts on the American clues are down Monday after the comments of the Secretary of the Treasury, Scott Bessent, who warned in an interview with NBC on Sunday that there was “no guarantee” that the United States could avoid a recession. The values ​​to follow at Wall Street [L8N3Q00L4]

Values ​​in Europe

LVMH is stable after announcing the departure of Jonathan Anderson from the Loewe house.

Veolia took 2.4% after having announced the entry to its capital of Bpifrance, the public investment bank, and its French sovereign fund LAC1.

RATE

The bond yields of the euro zone, which climbed last week with the plans to increase spending in Germany, fell on Monday, on the eve of the deputies’ vote, and the Fed monetary policy decisions on Wednesday.

The yield of the German Bund at ten years fell from 5.2 base points to 2,8220%. The two years is stable at 2.1870%.

In the United States, the yield of Treasuries at ten years lost 2.7 base points at 4.2813%.

Changes

The dollar remains close to its lowest level on Monday for five months compared to its main counterparts, because of the trade policies of the American president Donald Trump and the unwilling economic data.

The dollar loses 0.20% against a basket of reference currencies.

The euro earns 0.24% to 1.0905 dollars.

OIL

Oil prices are increasing by more than 1%, carried by the United States plans to continue to attack the Yemen Houthis until the group Allied to Iran ends its attacks on maritime transport.

Chinese economic data has also fueled the hope of an increase in demand, supporting prices.

Brent took $ 1.28% at $ 71.48 per barrel and light American crude (West Texas Intermediate, WTI) 1.34% at 68.08 dollars.

Main economic indicators at the agenda of March 17:

Pays GMT indicator previous consensus period

US 12:30 p.m. retail sales February

– over one month +0.6% -0.9%

– over one year – +4.20%

US 12:30 p.m. Empire State March 1.75 5.70

(Some data may accuse a slight offset)

(Written by Mara Vîlcu and Diana Mandiá, edited by Kate Entringer)

Copyright © 2025 Thomson Reuters