On Friday, the Coronavirus variant Omikron, which was first documented in South Africa, caused an uproar on the stock exchanges.

After the weekend, at least in Europe, the minds of the stock exchange traders calmed down a little.

The Dax opened at 15,431 points, but then fell back to 15.3421 in early trading.

Compared to the closing price on Friday, this nevertheless marked an increase of 0.6 percent.

The profits of RWE, Puma and Munich Re were given, each with over 2 percent.

The losers in the Dax in the morning included Qiagen, Continental and HelloFresh, each of which lost more than 2 percent.

The Euro Stoxx 50 gained 0.7 percent to 4119 points.

The prices of German government bonds moved very little on Monday.

Market observers spoke of a stabilization in the financial markets after the Omikron shock last Friday.

The federal bonds, which are valued as a safe investment haven, have therefore not continued their price gains for the time being.

The trend-setting futures contract, the Euro Bund Future, traded at 172.14 points in the morning, roughly the same level as on Friday evening.

The yield on ten-year Bunds remained almost unchanged at minus 0.34 percent.

(dpa-AFX)

Asian stock exchanges with losses

In Asia, however, there was still uncertainty.

In Tokyo, the Nikkei 225 closed with a loss of 1.63 percent at 28 283.92 points.

After a few weeks of opening, Japan announced that it would close the borders to foreigners again from November 30th because of Omikron.

Nissan shares lost more than five and a half percent after the automaker announced that it would drive the electrification of its fleet with billions in investments.

The CSI-300 index with the 300 most important companies from mainland China fell 0.18 percent to 4,851.42 points, while the Hong Kong Hang Seng index lost 0.90 percent to 23,862.87 points.

An upward leap is expected for the American stock exchanges.

Forward transactions tended to be stronger before the stock exchanges opened.

For the technology index Nasdaq 100 they rose by 1.2 percent, for the broader S&P 500 by 0.9 percent.

The euro fell on Monday.

After the rate slipped back below $ 1.13 last night, the common currency traded at $ 1.1272 that morning.

On Friday evening, a short-term recovery had temporarily pushed the euro up to $ 1.1331.

The European Central Bank (ECB) last set the reference rate on Friday afternoon at $ 1.1291.

Commodities and precious metals recovered.

After a weak trend in the morning, the gold price rose 0.3 percent to 1593 euros.

Crude oil also recovered.

The WTI variety climbed 4.8 percent to $ 71.57, while the Brent variety traded 4.16 percent higher at $ 75.92.

Bitcoin also rebounded after a weak weekend, dipping as low as $ 53,672.

On Monday morning it was worth $ 57,229, up 5.45 percent from the previous day.