Paris (Reuters) -The main European scholarships are increasing on Monday at the opening despite the political situation in France and fears around the independence of the Fed.

In Paris, the CAC 40 rises from 0.31% to 7,727.59 points around 07:16 GMT. The Dax in Frankfurt is reinforced by 0.32%, while the FTSE in London increased by 0.38%.

The pan -European FTSEUROFIRST 300, Eurostoxx 50 and Stoxx 600 index take approximately 0.30%.

Historically marked by strong market fluctuations with the reassessment of portfolios, September is risky for investors.

In Europe, the French political situation and its potential consequences on public finances and worried growth.

The markets will today scrutinize the PMIs for the manufacturing sector of the main economies in the region. It is especially the data on job creations in the United States later expected this week that will animate the markets in the coming days.

The independence of the American Federal Reserve (Fed), however, focuses attentions with the dismissal of the Governor Lisa Cook by Donald Trump.

Christine Lagarde, president of the European Central Bank (ECB), spoke of a very serious danger on the American economy on Monday and for the world economy “if Donald Trump was able to reduce the independence of the Fed.

Wall Street is also closed on Monday for Labor Day.

(Written by Bertrand de Meyer, edited by Kate Entringer)

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